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Shop Plans Tiffany Locke on Top Reasons to Switch Electricity Companies Germany News Tech Health Planet Earth Strange News Animals History Culture Space Bitcoin Cash Price Home Page Choosing An Electric Company in Texas In early 2016, bitcoin miners in the Washington region were involved in a months-long dispute over power costs with the Chelan PUD. Later, in July the same year, the utility announced that electrical rates would rise for so-called "high-density load customers." The U.S. dollar relies on the authority of the Treasury Department. Bitcoin and other cryptocurrencies instead rely on complex mathematical equations. Customize Your Electricity Plan Remember Me Avoided Energy Costs Glades Electric Cooperative Reviews Movers COMPANY At the time, the chief executive officer of GMO Internet, Masatoshi Kumagai, revealed that the launch of the B2 mining rig was the first steps towards dethroning Bitmain, the largest manufacturer of cryptocurrency mining equipment in the world. 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