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A new law in Missoula County might help write the future of cryptocurrency regulation in the U.S. In February, county officials adopted what they believe to be the first permanent zoning policy for cryptocurrency mining operations, which requires them to generate renewable energy and stay clear of residential areas.
Jason Vaughan used to be the site manager for Hyperblock, a Bitcoin mining company in Bonner, MT that closed last year. He says walking into the 250,000 square-foot building was almost like stepping into a giant erector set.
“Most of it’s, you know, steel and metal. There s a lot of noise from the fans of all the machines and whatnot, but there’s just likehere s hundreds of thousands of little blinking lights and whatnot.”