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Cryptocurrency Mining Operations Can Officially Head To Tifton
An ordinance to add Cryptocurrency Mining Operations was approved at the Tifton City Council Meeting on Monday evening.
Muskaan T.
5:52 22nd Mar, 2022
Policy

While the ordinance was approved, it happened with many conditions met.

The ordinance was passed unanimously by city council members due to the set of standards they had set up upon approval.

The city came up with 11 requirements a cryptocurrency operation would have to meet to be able to build.

The main requirements include only being able to build in a heavy industrial zoning district, a minimum lot size of 50 acres, and a restriction on noise levels.

With this ordinance approved, a cryptocurrency operation would not have to come before city council to build.

The catch is how council leaders explained that with their city being a dense population with many residents in a small community, there aren't many heavy industrial zoning areas that meet the required standards to build.

With that said, if a cryptocurrency operation wanted to build outside of that zoning area they would have to bring it to city council for permission to rezone.

At last weeks commission meeting, Tift County also discussed the idea of cryptocurrency but as the City of Tifton clarified on Monday they are two different entities and the cities approval of cryptocurrency operations only applies within city limits.

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