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CEDC president urges calm, offers forum as residents press council over proposed Bitcoin-mining site
Summary
Ken McDermott, president of the Cascade Economic Development Corporation, told the council that Simple Mining plans a 40-megawatt Bitcoin-mining facility in Cascade, that a development agreement caps noise at 65 dB at the property line, and the council agreed to schedule a dedicated public forum so residents can ask questions of the developer.
Ken McDermott, president of the Cascade Economic Development Corporation, told the March 23 Cascade City Council meeting that Simple Mining intends to build a 40-megawatt Bitcoin "bit mining" operation on a site near Oak Hill, using about 50 containerized units cooled with closed-loop radiators.
"First of all, Simple Mining is not putting in a data center," McDermott said, adding the site will be a "bit mining or Bitcoin mining business" and that "there's no fans blowing out of these containers" and "there's basically no sound…
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