Montana County Postpones Decision on Banning Bitcoin Mining Activities

A county in the US, state of Montana has decided to postpone its final decision on the new bitcoin mining initiatives and review it thoroughly before making a final decision until August. They claim that they do not understand the cryptocurrency mining sufficiently to arrive at a definitive conclusion as reported in Coindesk.
At the public hearing last Thursday at the Missoula County Commission, a final decision to suspend the new mining initiatives for one- year was stopped. According to the Missoulian, the county needs further information before finally deciding to stop the said initiative.
After the hearing, Missoula County Commissioner, Jean Curtiss stated that “we all understand that we don’t understand.” On the other side, County Commissioner Cola Rowley said that this is a good opportunity for “education and outreach.”
Montana, just like its neighbour, the state of Washington has been considered as an attractive hub for cryptocurrency mining initiatives because of the cool weather (which lessens the need of more energy use) and affordable power rate.
But recently, Washington State counties Mason and Chelan said they had temporarily ceased from accepting new applications for cryptocurrency mining projects due to high electricity needs that it requires.
Oppositions’ Main Concerns
Those who are against the Bitcoin mining operations raise the following concerns: too much noise generated by the computers which are used for crypto mining , emissions of green gas caused by the said activity, hike in energy cost, possible fire hazards due to computer overheat, and an increase in electronic deterioration and/or waste due to excessive use of the equipment.
Last March, Quebec, the province of Canada, has announced that its utility service provider, Hydro-Quebec, will no longer approve any crypto mining operations due to the high demand of energy needed for the said operations. The demand is higher than what Hydro-Quebec can supply according to an article published by Cryptocurrency News.
However, the proponents pointed out that the long-term benefits of accepting the initiative must also be given due consideration such as providing jobs for people. They believe that since cryptocurrency mining is a developing technology, there could be possible long-term benefits to many.

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