One proposed contract is between Kentucky Power and Ebon International, LLC, and would give discounted electricity rates to the Ebon Facility, a 250 MW cryptocurrency mining operation in Louisa, Kentucky. The second investigation is into Bitiki-KY, a 13 MW cryptocurrency mining facility in Waverly, KY. Bitki-KY already has a $250,000 tax credit from the state of Kentucky, according to the release.
Source: https://www.coindesk.com/policy/2022/12/05/kentucky-investigating-2-proposed-contracts-that-would-give-discounted-electricity-to-crypto-miners/?utm_medium=referral&utm_source=rss&utm_campaign=headlines