KUAR | By Josie Lenora
A settlement has been reached in a case between Arkansas County and Jones Digital, LLC, a company which owns a cryptocurrency mine in DeWitt.
On Wednesday, the county agreed to a consent decree allowing the mine to resume operations and ordering the county to pay $90,000. This comes as two new laws regulating cryptocurrency mining in Arkansas passed in the state legislature.
Nearby residents allege the mine is loud and has unclear ties to foreign governments. Last October, the Arkansas County Quorum Court attempted to pass an ordinance banning noise above 55 decibels during the day and 45 decibels at night. Jones Digital then sued the county, represented by Little Rock-based law firm Wright Lindsey Jennings.
Crypto company wins judgment in lawsuit against Arkansas County