Missoula County Rejects One-Year Suspension Proposal Of Crypto Mining Operations
It has been recently revealed that a proposal regarding cryptocurrency operations in Missoula County has been rejected as of Thursday, September 27.
In particular, the proposal dealt with a one-year emergency suspension on cryptocurrency operations which would be limit said activities “under temporary emergency interim zoning”.
The county’s board of commissioners were the ones who received the proposal and have since declared the following:
“The commissioners voted not to adopt interim zoning, and instead directed staff to investigate the development of regulations targeting the impacts of concern such as noise, electronic waste and energy,”
which possibly arises from crypto mining.
Despite the numerous supports received in the hopes that the suspension will be accepted, the board has decided such a restriction will not be applied. This is obviously good news for crypto mining firms, and one particular case was brought up as to why the board was unable to support the suspension.
Jaymie Bowditch, who serves as Hyperblock Technologies’ lawyer, shared that the board was not in a place to accept the suspension of said activities because “the county has to show [that] an imminent threat [exists] to public health or safety,” which they have yet to prove.
Also, the rejection for the “one-year moratorium” was not an overnight decision, as it was previously postponed before finalizing things. Bowditch added that during the period in which the decision was postponed, “[the county] showed that no immediate danger was posed.”
Commissioner, Dave Strohmaier commented on this matter, and sees this as an issue of the people and environment and not just “crypto mining as an industry”. Ultimately, he is more fearful of the impacts said activities will have on “energy use”, which seems to be the main reason why staff are asked to look into regulations regarding “noise, e-waste, [and] use of electricity”.
Missoula County has been for the crypto industry, and as per News.Bitcoin.com, the county has since welcomed crypto miners to conduct their businesses.
After analyzing the county’s official website, it is clear that they have a rather friendly perspective on the industry, which was reflected in their following passage:
“Missoula County is an attractive place for locating cryptocurrency mining operations due to […] low electricity rates and cool weather,”
which are essential factors to the county to ensure that the necessary mining equipment do not experience damage.
Despite their support, the county is still weary of the negative influence crypto mining could have on the people and the planet. They are currently addressing the said effects and are hoping to come up with a system that would encourage crypto operations while protecting the very environment in which we reside in.
Given that the county still does not have enough proof to show that crypto mining has negative implications, should the Missoula County have asked for more time before rejecting the proposal? Share in the comments below!