FERC OKs Sale of NY Power Plant to Crypto Miner
State Moratorium in Effect, but Company Plans Fuel Conversion
A cryptocurrency mining company is set to buy a gas-fired co-generation plant near Buffalo, N.Y., to power some of its operation. | Shutterstock
Dec 18, 2022
FERC granted a cryptocurrency mining company approval to buy a 60-MW gas-fired power plant near Buffalo, N.Y., where it has been running some of its operations.