WENATCHEE – Wenatchee has been called the epicenter for Bitcoin and Block Chain mining in the United States. At last night’s Wenatchee City Council meeting council members discussed the issue and looked at ways to proceed with the current crypto-currency explosion.
Wenatchee Mayor Frank Kuntz says unlike the city of Chelan, who placed a moratorium on Bitcoin mining, Wenatchee is taking a different approach.
Mayor Kuntz says the city worked in concert with the Chelan County PUD in drafting the decision on cryto-currency.
The Mayor also says the city is looking at this new phenomena very closely and adds that many of the recent applications for mining in Wenatchee will mean more jobs.