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The Public Service Fee of the state of Kentucky has denied a proposed contract that may have allowed a mining agency to obtain a reduced fee on electrical energy offered by the ability firm.
In an Aug. 28 order, the fee denied a contract between Ebon Worldwide and the Kentucky Energy Firm that concerned a $50 million funding in a crypto mining facility within the metropolis of Louisa. Based on the submitting, Ebon deliberate to run a 100-megawatt (MW) mining operation till 2024, then enhance the load to 250 MW.
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