Officials aims to impose a one-year moratorium and create a standard for land use.

Buncombe County proposes moratorium

According to that report, on April 4, the Buncombe County Board of Commissioners approved a one-year moratorium on cryptocurrency mining. The moratorium will go into effect on May 2 if approved after a public hearing.

A document that appears to have been created by county officials has been posted elsewhere on ABC WLOS 13. According to that document, officials intend to distinguish cryptocurrency mining from other data center applications and define crypto mining as a specific land use.

The proposed boycott doesn’t matter to single-gadget mining yet applies to server ranches — characterized as any mining activity including at least three PCs.

The numerous negative effects of crypto mining, including high electricity consumption, damage to the environment, electronic waste, and noise pollution, are the motivation behind the ban.

The restriction will be in effect for a year, until May 1, 2024. Be that as it may, it might end sooner assuming authorities make an administrative norm for crypto mining on schedule.

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Other areas are also concerned about mining

Over the past few months, North Carolina has been the focus of a number of other news stories about mining. Those stories are mostly about complaints about noise in Cherokee County, which is about 100 miles from Buncombe County.

Even though there isn’t a law in Cherokee County, some organizations, like the Sierra Club, are asking the county to ban the practice.

Crypto mining is restricted in a number of other jurisdictions outside of North Carolina. In December 2022, British Columbia and a number of other Canadian provinces implemented a temporary ban on crypto mining.

In the summer of 2022, New York also proposed a limited ban on certain crypto-mining operations. In the end, the ban was enacted in November, several months later.