The recently report by a native newspaper ‘The Spokesman Review’ proclaimedthat this suspensionwouldsolely effectnew crypto operations from being established in Ephratawhereasthe presentfour businesses already operating are allowed to continuetheir operation.In line withEphratatownadministrator Wes Crago, those four crypto operations —together with2at the Port of Ephrata, one inanindustrialspaceofthe town,while another one at the residential space — are beingrelocatedatthe instant.
The decision for the suspension was taken by thecouncilvoting, with six council membersballotingin favor of the new cryptocurrency regulations, andonly 1commissioner, Matt Moore,ballotingagainst.
Moore noted that evena temporarybanwillcausea threat for the city’s economic development since it puts thebusiness“outside the city’sexpertise,” adding that hedoesn’twishto “surrender any economicopportunity massiveorsmall.”
Council member Kathleen Allstotprocessedthat the new ban implies taking aannual“break”so asto envision “see what’s going”within thespace,moreoverdeciding outhowmining fitsbothin Ephrataalong with theGrant CountyPublic Utility District [PUD].
Crypto mining operations havebecameprogressivelypopularwithin thecities of the Columbia Basindue tothe region’s cheap electricity sources. However,the expansionof crypto mining developments in Ephrata has created some inconveniences for the residents, with some reportedly sufferingan absenceof electricitybecause ofthe operation of the high energy-consuming coolinginstrumentalityby thenativecrypto miners.
Ephrata’s recent move goes in line with crypto mining-relatedrulesobligatorybyvarietyof citieswithin thevGrant CountyPUD, the article notes.Additionallyto the suspension, Grant Cities has developed new – and sufficiently higher – electricity rates for cryptocorporations, with the new rates set to beenforcedinApril2019.
Washington state is reportedly one of the leading crypto mining siteswithin theworld, withone of the biggestmining farms, GigaWatt,situatedwithinits borders. The U.S. statepresentlyoffersthe most affordablepowerwithin thecountry, with $9.56 USD per kWhfor peoplewhile $8.42 USD per kWh for businesses.
Earlier inJuly2018, FranklinPUDcommissioners approved a moratoriumthat mayofferworkerswithovertimeto researchthe impact of mining on the electrical system beforeacceptiveapplications for electricity from crypto miningcorporationsin rural Washington.