Zeros

Cedar Falls Says No To Digital Currency Mining The Cedar Falls , Iowa , city council voted unanimously this week to reject proposed zoning ordinance changes that would have allowed digital currency mining facilities in the city's industrial districts. The council followed the recommendation of the city's Planning and Zoning Commission, sending the proposal back without approval. The vote was decisive , but the conversation around digital asset mining in Cedar Falls appears to be far from over. The proposal was connected to discussions about a potential facility from a company called Simple Mining . Adam Haynes, founder and CEO of Simple Mining, addressed the council and argued that the proposed facility would bring jobs and additional property tax revenue to the city . That's a familiar pitch in the digital asset mining space — operations of this scale do employ workers in facility management, electrical maintenance, and security, and they generate taxable infr...