Bourbon County Commissioners on Monday discussed concerns such as setting precedence and the potential for litigation regarding a moratorium on the mining of cryptocurrency.
The commission later approved the 12-month moratorium, which takes effect after its publication in the Tribune and only applies to new mining activity in the county. County Counselor Bob Johnson said the moratorium would stop future expansion of mining operations until the commission can adopt regulations.
It has been reported that Evolution Technology LLC is using natural gas generators to run computers that mine for bitcoin on property in the northwest part of the county. Citizens have raised concerns about noise and the company’s use of gas wells for the operation.
Commissioners plan to hear from a representative of Evolution Technology LLC during their Oct. 20 meeting.
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