Crypto miner US Bitcoin Corp has come to a tentative agreement with the City of Niagara Falls that will allow it to reopen its mining operation in the city, according to a local news report. A state supreme court judge ordered its plant closed in early March. The settlement still requires the approval of the city council.
State Supreme Court Justice Edward Pace ordered the plant’s closing after “weeks of contentious negotiations” between the city and US Bitcoin on the wording of the order. The order enforced a ruling from another state supreme court judge to cease operations while the city sought an injunction to enforce new city ordinances affecting the plant.