Brainerd Faces Controversy Over Proposed Cryptocurrency Mining Facility
The city of Brainerd is at the center of a heated debate over the proposed construction of a new cryptocurrency mining facility. VCV Digital Infrastructure, the company behind the project, has faced setbacks after the City Council denied an interim use permit for outdoor storage units on the property earlier this month. However, the company is not giving up just yet.
Instead of outdoor storage units, VCV Digital is now eyeing a building for their operations. The Economic Development Authority and the Brainerd Public Utilities Commission, both of which have contracts with VCV, are working to schedule a joint workshop to discuss the council’s latest action and the future of the company in Brainerd.
The council’s decision to deny the permit was based on several factors, including concerns about the facility’s high energy consumption, minimal job creation, and potential impact on the city’s housing needs. One council member, Jeff Czeczok, argued that the facility is carbon neutral due to VCV Digital’s purchase of renewable energy credits from BPU.
Despite the controversy, the council voted to formalize the list of reasons for denial, with the carbon neutrality portion removed. Council President Kelly Bevans supported the decision, stating that it reflects the will of the council and what is best for the city. However, council member Kara Terry opposed the motion, arguing that the language regarding carbon neutrality should remain in the denial reasons.
VCV Digital has 30 days to appeal the council’s decision to a district court. The outcome of this appeal could determine the future of the cryptocurrency mining facility in Brainerd.
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