Cheap power, cryptocurrencies, Plattsburgh, NY… PBS

June 8, 2018 by Jim Colburn Leave a Comment

Last night PBS’s The NewsHour had an excellent piece on crypto miners moving to an area of cheap power (Plattsburgh, NY) and local response, here… Here is a recent picture of marginal power prices in NY State (Plattsburgh is in the upper eastern part):

Could Plattsburgh work out something with NYPA and intensive energy users (crypto miners, data crunchers, marijuana growers, hot houses, storage providers, etc.) to only fire up at night?

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

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