North Carolina County Bans Commercial Bitcoin Mining For A Year

Buncombe County approved a one year moratorium on bitcoin mining in order to craft regulations for special land use.

North Carolina County Bans Commercial Bitcoin Mining For A Year
  • "The Buncombe County Board of Commissioners is moving forward with a moratorium on cryptocurrency mining."
  • "Commissioners approved the one-year ban after holding a public hearing during their meeting on May 2."
  • The moratorium passed unanimously despite local Bitcoiners coming together to voice their concerns, according to Bitcoin Magazine.
  • "The County’s current ordinances do not define cryptocurrency mining as a specific use."
  • "Cryptocurrency mining operations can negatively affect surrounding neighborhoods due to excessive energy use, e-waste, pollution, and noise."
  • "The temporary pause will help protect the public interest until regulations regarding cryptocurrency mining are adopted. The one-year ban is effective immediately through May 1, 2024."
  • "You can read the ordinance here."

Buncombe Country Announcement / Archive
Bitcoin Magazine Article / Archive

Author: EZ

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