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Kentucky

Kentucky is looking into proposed contracts that would give discounted electricity to crypto miners. (Getty Images)
Policy
Crypto mining
Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners
Kentucky’s Public Service Commission is concerned the rates could result in higher electric bills for state residents.
Kentucky is looking into proposed contracts that would give discounted electricity to crypto miners. (Getty Images)
By Nelson Wang
Dec 5, 2022 at 8:25 p.m. UTC
Dec 5, 2022
Crypto MiningInvestigationKentuckyElectricityelectricity consumption
Blockware Solution's Kentucky data center. (Blockware Solutions)
Technology
Mining
Blockware Solutions Builds 20MW Bitcoin Mining Data Center in Kentucky
The facility has potential to be expanded to 75MW.
Blockware Solution's Kentucky data center. (Blockware Solutions)
By Aoyon Ashraf
Mar 29, 2022 at 1:00 p.m. UTC
Mar 29, 2022
MiningMining CentersKentucky
Celsius CEO Alex Mashinsky (CoinDesk archives)
Policy
Kentucky
Kentucky Issues Cease-and-Desist Order Against Celsius Network
The state is the fourth to take legal action against the crypto lender.
Celsius CEO Alex Mashinsky (CoinDesk archives)
By Sebastian Sinclair
Sep 24, 2021 at 7:25 p.m. UTC
Sep 24, 2021
KentuckySecuritiesLawCelsius
How the Crypto Crackdowns in China and US Are Different
Video
China
How the Crypto Crackdowns in China and US Are Different
China’s central bank outlawed all crypto trading activities effective Friday as U.S. federal regulations are also increasingly coming into focus. What are the similarities and...
How the Crypto Crackdowns in China and US Are Different
By CoinDesk Staff
Sep 24, 2021 at 2:44 p.m. UTC
Sep 24, 2021
ChinaNikhilesh DecdtvFM ClipKentuckyCelsiuscrypto regulation
CoinDesk placeholder image
Markets
Blockfi
Kentucky Orders BlockFi to Stop Signing Up New Interest Accounts
Kentucky is the fifth state to allege BlockFi Interest Accounts are securities.
CoinDesk placeholder image
By Nikhilesh De
Jul 30, 2021 at 11:06 p.m. UTC
Jul 30, 2021
BlockFiCrypto LendingKentuckyState Regulators
Bitcoin mining rigs
Finance
Bitcoin mining
Blockware Raises $25M to Expand Bitcoin Mining Operations in Kentucky
The mining firm will use the funding to buy 14,000 rigs – 8,000 for itself and 6,000 to sell.
Bitcoin mining rigs
By Cheyenne Ligon
Jun 30, 2021 at 12:22 p.m. UTC
Jun 30, 2021
Bitcoin MiningFunding RoundsBlockware SolutionsKentucky
Theater sign in Lexington, Kentucky
Markets
Tax
Kentucky Governor Signs Tax Breaks for Crypto Miners Into Law
The commonwealth wants to become a hub for energy-heavy businesses like crypto mining.
Theater sign in Lexington, Kentucky
By Danny Nelson
Mar 26, 2021 at 4:07 p.m. UTC
Mar 26, 2021
TaxLegislationCryptocurrency MiningKentucky
Breakdown 3.21.21 - Kentucky Crypto Mining Hub
Podcasts
Institutional investors
Why Kentucky Is Trying to Become a Crypto Mining Hub
Two bills with benefits for crypto miners are waiting to be signed by the governor of the Bluegrass State.
Breakdown 3.21.21 - Kentucky Crypto Mining Hub
By Nathaniel Whittemore
Mar 20, 2021 at 1:00 p.m. UTC
Mar 20, 2021
Institutional InvestorsPodcastsThe BreakdownKentucky
Kentucky Approves Bills Incentivizing Crypto Mining
Video
Cdtv
Kentucky Approves Bills Incentivizing Crypto Mining
Move aside, coal miners. Could crypto miners soon be taking over Kentucky? Two proposed bills that would provide energy and tax breaks to crypto miners have received final app...
Kentucky Approves Bills Incentivizing Crypto Mining
By CoinDesk Staff
Mar 18, 2021 at 6:54 p.m. UTC
Mar 18, 2021
cdtvHash clipCrypto-MiningKentucky
Kentucky state Capitol
Policy
Mining
Kentucky Legislature Approves Bills Providing Incentives for Crypto Miners
The bills now pass to Governor Andy Beshear for final approval.
Kentucky state Capitol
By Jamie Crawley
Mar 18, 2021 at 2:02 p.m. UTC
Mar 18, 2021
MiningLegislationCoinFlashKentucky