"A Crypto Mine Comes To Town And A Coal Plant Gets New Life"

"A pollution-spewing power plant in western Indiana that was set to close this year is getting a reprieve after being purchased by a coal company and landing a new energy-guzzling neighbor hoping to cash in on the international cryptocurrency boom.

The idea of using a fuel source that is millions of years old to power the futuristic technology is not only ironic, it's troubling to environmental and consumer advocates. They worry the two facilities, and the dirty power behind them, will leave Hoosiers at risk of continued pollution — and potentially higher electricity bills.

The exact nature of the relationship between the Meron Generating Station's new owner and AboutBit, the private company planning an adjacent crypto "mining" facility, is unclear. And officials aren't talking."

Sarah Bowman reports for the Indianapolis Star December 5, 2023.

Source: Indianapolis Star, 12/06/2023