Monday, April 29, 2024
Monday, April 29, 2024
HomeNewsOther NewsThe Incessant Whine of Crypto Mining

The Incessant Whine of Crypto Mining

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“When people talk about crypto mining the first thing usually mentioned is the amount of electricity it uses,” writes Slashdot reader quonset. “What few realize is how loud rack after rack of servers and fans for cooling running 24/7 can be. The people of Murphy, North Carolina found out, and are not happy about it.” From a report: When Judy Stines first heard about cryptocurrency, “I always thought it was smoke and mirrors,” she said. “But if that’s what you want to invest in, you do you.” But then she heard the sound of crypto, a noise that neighbor Mike Lugiewicz describes as “a small jet that never leaves” and her ambivalence turned into activism. The racket was coming from stacks and stacks of computer servers and cooling fans, mysteriously set up in a few acres of open farm field down on Harshaw Road.
Once they fired up and the noise started bouncing around their Blue Ridge Mountain homes, sound meters in the Lugiewicz yard showed readings from 55-85 decibels depending on the weather, but more disturbing than the volume is the fact that the noise never stopped. “There’s a racetrack three miles out right here,” Lugiewicz said, pointing away from the crypto mine next door. “You can hear the cars running. It’s cool!” “But at least they stop,” Stines chimed in, “And you can go to bed!”

[…] The mine in Murphy is just one of a dozen in Kentucky, Tennessee and North Carolina owned by a San Francisco-based company called PrimeBlock, which recently announced $300 million in equity financing and plans to scale up and go public. But a year and a half after crypto came to this ruby red pocket of Republican retirees and Libertarian life-timers, anger over the mine helped flip the balance of local power and forced the Board of Commissioners to officially ask their state and federal officials to “introduce and champion legislation through the US Congress that would ban and/or regulate crypto mining operations in the United States of America.”

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