Mountain City mayor says he 'gets both sides' of the Bitcoin argument
Share this @internewscast.com

MOUNTAIN CITY, Tenn. (WJHL) — Mountain City organized a special-called meeting on Thursday to address the recent rezoning approval for a Bitcoin facility.

The city council in Mountain City initially approved on July 1 a rezoning proposal allowing a Bitcoin mining operation to establish itself at 178 Rainbow Road. The facility, under CleanSpark, a Nevada-based company, aims to introduce a 30-megawatt operation on the 50-acre location.

During Thursday’s meeting, Ordinance 2044 was a focal point, proposing the transition of 178 Rainbow Road from a B3 to a B4 zoning category. According to Town Mayor Jerry Jordan, B4 zoning imposes stricter limitations than B3.

Jordan told News Channel 11 at the meeting that he believes the Town of Mountain City does not “want to give [Bitcoin] a chance.”

“They want it stopped completely,” Jordan remarked. “There are suggestions that we need to be dismissed from our positions. Many don’t see the extensive time commitment required to tackle these matters. We’re continually striving to make informed decisions. Even with rezoning approval, CleanSpark’s arrival isn’t guaranteed.”

However, Jordan said he understands where each side of the Bitcoin fence is coming from.

“I receive input from every direction,” Jordan stated. “The question is, should I heed all public opinions or evaluate our current situation to decide what’s beneficial for the town? I aim to ensure the best possible outcome.”

The facility has sparked months’ worth of controversy in the Mountain City community.

Share this @internewscast.com
You May Also Like

Venezuelan Family’s Journey: From American Dream to Struggling Christmas in Poverty

MARACAY – Last year, Mariela Gómez could never have anticipated spending Christmas…

Tragic Christmas Morning House Fire Claims Two Lives, Leaves One Injured in SCSO Area

In a tragic incident on Christmas morning, two lives were lost in…

Tragic Loss: Biker Community Grieves 21-Year-Old Victim of Fatal Rockledge Accident

ROCKLEDGE, Fla. – The community is mourning the untimely death of 21-year-old…

Zelenskyy Confirms Imminent Meeting with Trump: What It Means for Global Politics

In a hopeful turn for diplomatic relations, Ukrainian President Volodymyr Zelenskyy announced…

Jair Bolsonaro’s Health Update: Former Brazilian President Successfully Undergoes Double Hernia Surgery

SAO PAULO – Jair Bolsonaro, the former President of Brazil, is undergoing…

Asian Markets Show Mixed Results as Gold and Silver Reach New Record Highs

BANGKOK – On Friday, U.S. futures experienced a slight dip, and Asian…

Moscow Proposes Deal to Paris: The Fate of a French Citizen Imprisoned in Russia Hangs in the Balance

The Kremlin announced on Thursday that it is in discussions with French…

Japan Approves Largest Defense Budget Yet to Strengthen Security Against China

TOKYO – In a significant move, Japan’s Cabinet has sanctioned an unprecedented…

Historic Myanmar Election: A Pivotal Challenge to Military Rule Amid Rising Criticism

BANGKOK – Myanmar is set to embark on the initial stage of…

Yemen’s Separatists Claim Saudi Airstrikes Targeted Their Troops

DUBAI – On Friday, separatists in southern Yemen accused Saudi Arabia of…

Haven of Mercy Provides a Holiday Home for Many

In the heart of Johnson City, Tennessee, a beacon of hope shines…

Tragic Merritt Island Christmas Eve Fire Claims One Life: Community in Mourning

MERRITT ISLAND, Fla. – This year, a somber Christmas has enveloped a…