Brainerd Public Utilities Commission Ratifies Crypto Mining Agreement

The VCV crypto mining agreement was on the agenda for the Brainerd Public Utilities Commission meeting on Tuesday.

Commission members unanimously agreed to ratify an agreement with the crypto miners. VCV have been working with the BPU for two years, and the latest agreement will hopefully benefit both parties.

“The agreement they just ratified today is an extension of the agreement that essentially expired. So we’re seeing hope that hopefully they can acquire the land from the city council and then we’ll be able to sell them some electricity,” explained Interim Brainerd Public Utilities Director Patrick Wussow. “They’re buying excess power that we have. And like I said, we’ve been working on for about two years and it should work out good for the crypto miners.”

And with Monday being the last BPU Commission meeting before current Public Utilities Director Todd Wicklund officially retired this week, Commission members honored Wicklund by presenting him the Tower Award for his 23 years spent serving the BPU.