The rise of crypto mines in the South raises concerns for the electric grid, rates

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NPR reports on the rapid expansion of cryptocurrency mining operations in the South, particularly Tennessee, where low utility rates and reliable power attract miners. Stephen Smith of the Southern Alliance for Clean Energy warns that crypto mines' massive electricity demands could strain the grid and raise rates for households and businesses. The article explores tensions between crypto mining development and other economic priorities, with utilities relying on voluntary curtailment programs that leave grids vulnerable during peak demand periods.