News

Missoula County zeroes in on cryptocurrency mining, cites extreme energy use

Crypto currency energy usage

Citing an environmental emergency, Missoula County commissioners on Thursday directed staff to draw up interim zoning rules to regulate the placement of new cryptocurrency mining operations and mitigate certain impacts.

The move could come as early as April and lead to permanent zoning and other regulations focused on businesses that consume large amounts of power, such as renewable energy mandates or a tax on electrical consumption.

“This isn’t throwing ice on economic development or saying that industries aren’t welcome here because we’re an unfriendly environment that hates progress,” said Commissioner Cola Rowley. “Cryptocurrency and economic development – bringing businesses here – are two very different things.”

 

By Martin Kidston

Missoula County zeroes in on cryptocurrency mining, cites extreme energy use

***************

Bitcoin’s energy usage is huge – we can’t afford to ignore it

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.