Crypto mining operations have become increasingly popular with cities like Ephrata with cheap electricity sources. However, the growth of crypto mining developments in Ephrata has created some inconveniences for the residents. Many have reported a lack of electricity due to the operation of the high energy-consuming cooling equipment by the local crypto miners.
The decision for the suspension was taken by a city council vote and will halt new crypto mining developments in the city for the next 12 months.
The new rule will affect new crypto operations from being established in Ephrata, while the existing four businesses already there will continue operating.
According to Ephrata city administrator Wes Crago, the existing crypto unites — including the two at the Port of Ephrata, one in an industrial area of the city, as well as one in a residential area — are being relocated at the moment.
Matt Moore, a city council member stated – “even a temporary ban can pose a threat for the city’s economic development since it puts the industry outside the city’s expertise,” adding that he does not want to “surrender any economic opportunity big or small.”
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