Led lighting plants mining bitcoins
This morning, authorities expected to discover an illegal marijuana plantation reports El Chapuzas Informatico but unearthed an utterly different discovery. Santiponce, a province located in Seville, Spain, authorities found the crypto mining setup. Officers were aware of the location due to discovering the illegal electrical attachment from the building. Upon entering the facility, they found the digital currency mining devices, robust cooling and ventilation systems, and EVGA RTX 30 series graphics cards implemented into the mining rig designs.
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- Meet the artist-explorer Liu Chuang
- The Last Word on Bitcoin's Energy Consumption
- Slashdot Top Deals
- A group of moms stopped a crypto mine from building next to an N.C. school
- As cryptocurrency becomes mainstream, its carbon footprint can’t be ignored
- El Salvador explores bitcoin mining powered by volcanoes
- ‘Green Bitcoin Mining’: The Big Profits In Clean Crypto
- Bitcoin mining’s hearing in US house questions power usage
- Suspected marijuana plant raid turns into crypto mining farm discovery
Meet the artist-explorer Liu Chuang
We believe our journalism can help make the South more informed, healthy, equitable, and beautiful. If you do too, support our work.
Southerly serves communities in the South who face environmental injustice and are most at risk of the effects of climate change. We do this by equipping them with the journalism, resources, and information they need to make their communities healthier and safer, to hold power to account, and to have agency over their future.
These data processing centers are creating noise pollution in rural areas of the South. He told her there would be a public comment session at the local fire department on Oct. She and a group of mothers created flyers about the public session—in English and Spanish—and distributed them in the carpool line.
They went to the meeting with about 40 people prepared to talk. Compute North is a Minnesota-based company serving clients in the cryptocurrency mining industry, according to vice president of marketing Kristyan Mjolsnes.
Crypto mines, often referred to in the industry as data processing or data infrastructure centers, are essentially large warehouses filled with shelves stacked with servers that run the equations necessary for making cryptocurrency, like B itcoin , the most popular. Cryptocurrency is a decentralized digital currency created to eliminate intermediaries, like banks, and exchanged on a public blockchain network.
Through rapidfire organizing, the community fought back—and won. Within a couple of weeks Compute North pulled their plans.
But as the company looks for new sites to build in Pitt County and other parts of eastern N. As cryptocurrency surges through the world virtually, rural America is beginning to experience physical manifestations of the process. Crypto mining companies need abundant land and cheap power.
The facilities often use a mix of renewable energy and the electrical grid, requiring a partnership with local power companies to operate. Most of the energy powers fans that run for at least 12 hours a day, often overnight, too cool off the machines. In , Compute North built the Texas facility next to a power station. That would be enough power to keep the lights on in somewhere between 4, and 10, Texas homes all year long. When the Belvoir residents attended what they thought was a public session on the project, they felt blindsided by the display set out by Compute North.
Belvoir Elementary School, and the community surrounding it, is majority Hispanic. According to Pitt County public school data , students are enrolled at Belvoir for the school year; At least 48 Belvoir students learn the curriculum in both English and Spanish.
How narrow-minded and short-sighted is that? Beyond the discomfort and disturbance, crypto mining contributes to noise pollution , an invisible danger to human populations that can cause chronic illness and developmental issues.
Research in Europe shows that environmental noise contributes to 48, new cases of ischaemic heart disease a year as well as 12, premature deaths. Other communities in the South have suffered from the effects of the noise. A deal was inked with BrightRidge, the local power company. The servers run from 8 p. And when you go over a hill and down into another valley, the community miles away can hear it. In October, residents sued Red Dog Technologies over the excessive noise.
In December, an investigation found that the company did not pay taxes on millions of dollars worth of equipment in When Greenville residents first heard about the Compute North plans, their research led them to Holley and others affected by the Tennessee facility. The two communities remained in conversation about how to organize their voices into a cohesive platform. Mothers of Belvoir students led the organizing against the proposed facility, along with other women who are active in community issues.
Maria Cortez attended the October meeting. Her youngest child is currently a student and her oldest daughter, who also attended Belvoir Elementary, now teaches there. For Latinos, she said, establishing roots in N. The ones who rent out there have been there for decades. She received a flyer in the mail in October about a tech company moving in, but it was in English; her preferred language is Spanish. Her main concern at the time was traffic. That worried us. With added traffic and parents working, if something happened to the kids, no one would know.
At the open house, Lucy Fox said her husband, who is a Spanish professor, stepped in as interpreter. Mjolsnes of Compute North confirmed there was no interpreter available. We took that to heart very quickly. They are mistaken. We are intelligent, hardworking, and truthful people. Compute North decided to back out of the Belvoir location on Nov. She pointed to the adoption of cryptocurrency and mining in El Salvador. Bitcoin mining is illegal in some countries, including Bolivia, Ecuador, Egypt, and Algeria.
China cracked down on crypto mining in May after a power outage was attributed to a bitcoin mining operation. Throughout the year, Beijing enforced stricter regulations, strengthening the mining ban in November.
In the U. Texas has been wide open to the industry, for instance. The first N. Compute North is currently looking at other locations in Pitt County and other parts of eastern N. Holdeman said her neighbors plan to learn more about that, too, as they educate themselves on crypto mining and what it means for a rural future. Victoria Bouloubasis covers the intersection of environmental issues and economic mobility in Latinx, immigrant, and refugee communities in North Carolina for Southerly and Enlace Latino NC.
She is a journalist and filmmaker based in Durham. Republish This Story. Disaster Recovery Infrastructure Public Health. Photo by Alex Mousan. Faye Bordeaux stands in front of Belvoir Elementary School.
She was one of the leaders in spearheading the fight against the building of the Cryptobank next door to their elementary school. The location where the crypto mine was supposed to be built, across the street from Belvoir Elementary School. Freddie and Lisa Tyson were apart of the group that protested against the crypto mine and won. Republish our articles for free, online or in print, under a Creative Commons license.
A group of moms stopped a crypto mine from building next to an N.
The Last Word on Bitcoin's Energy Consumption
Exhibit A:. Thus we feel compelled to address this narrative with data and methodologies that hold up against both internal and external scrutiny. In our view, this is more than can be said for most not all of the research underpinning the narrative that we hope to debunk, once and for all. Research is hard and time consuming. I also need to give some praise here though: it takes courage to admit you were wrong.
Slashdot Top Deals
Downpours transform the mottled landscape into lush emerald, while azaleas bloom and migrating cranes and storks begin the long journey back north. The rainfall also brings trucks stacked with computers to hydropower dams, where entrepreneurs can tap cheap electricity for mining bitcoin—the arcane process that accumulates the cryptocurrency using huge amounts of computing power to solve equations. Cryptocurrency mining requires huge amounts of computing power, making energy consumption a major overhead for the industry. Local governments will often offer power for pennies—or even free—to attract jobs and get a painless boost to their gross domestic product figures. While individual miners and traders may be able to slip through the cracks, larger commercial miners will likely be considering alternative mining hubs with less rigorous regulatory regimes, analysts say. Last week, a number of companies involved in cryptocurrency mining began halting operations in China. Jiang Zhuoer, chief executive of BTC. Before the crackdown, bitcoin mining in China was projected to generate more than million metric tons of carbon emissions by , according to a study published in scientific journal Nature Communications. If the global bitcoin mining industry were a country, it would be the 29th biggest consumer of power in the world on a list of nations by energy use, above Argentina, which has a population of roughly 45 million. Mining rigs are driven thousands of miles across China to the belching power stations of Inner Mongolia or Xinjiang province.
A group of moms stopped a crypto mine from building next to an N.C. school
Nic Carter. He is also the cofounder of Coin Metrics, a blockchain analytics startup. But amid the clarifying details and the energy mix calculations we have lost sight of the most important questions. Anyone who wades into this muddy debate must consider the fundamentals before making a final assessment. How could this be?
As cryptocurrency becomes mainstream, its carbon footprint can’t be ignored
Jump to navigation. This piece was copublished with El Faro English. In the morning of October 1, Bukele tweeted that El Salvador had just mined its first bitcoin, but really it was 0. The scheme also hopes to tempt cryptominers worldwide to establish operations in El Salvador to cash in on this seemingly inexpensive and limitless energy. Salvadoran volcanoes are an important reference point for regional identity. These once-fertile landscapes sustained the lifeways of generations of people, with historical uses ranging from plantation agriculture, subsistence production, and animal grazing to local sightseeing and global ecotourism.
El Salvador explores bitcoin mining powered by volcanoes
There are plenty of unique things about Plattsburgh, a small city in upstate New York, but its city council chamber is not one of them. The curved wooden desk for the council members and the mismatched chairs for the audience could have been located in any town in America. He was a shrewd businessman, fierce imperialist, skilled negotiator, and fearless explorer. But what many people forget is that Champlain spent his final years as an administrator who struggled to sustain Quebec and the industries he had been instrumental in creating. Like Champlain, the residents of Plattsburgh had found themselves at the epicenter of an exciting new industry that may change the world as we know it. And like Champlain, they had to figure out a way to make that new industry sustainable. Mining is the energy-intensive computational process that secures the Bitcoin blockchain and rewards miners with bitcoins. Although few of the attendees at the Plattsburgh hearing knew much about how Bitcoin works, they had already begun to experience some of its related negative consequences.
‘Green Bitcoin Mining’: The Big Profits In Clean Crypto
G rowing up in rural western Pennsylvania in the early s, Bill Spence played with his pals on piles of coal waste, oblivious to the toxic heavy metals right under his feet. The present worry is that these unlined pits are leaching deadly carcinogens into the groundwater—or, worse, that they will catch fire and start polluting the air, too. Of the gob piles in Pennsylvania, 38 are smoldering. So Spence, now 63, set out on a mission to whittle down the piles, restore the land—and make money doing it.
Bitcoin mining’s hearing in US house questions power usageRELATED VIDEO: What is Bitcoin Mining? (In Plain English)
We believe our journalism can help make the South more informed, healthy, equitable, and beautiful. If you do too, support our work. Southerly serves communities in the South who face environmental injustice and are most at risk of the effects of climate change. We do this by equipping them with the journalism, resources, and information they need to make their communities healthier and safer, to hold power to account, and to have agency over their future.
Suspected marijuana plant raid turns into crypto mining farm discovery
Thrumming diesel generators provide power amid rolling blackouts that have infuriated residents and evoked memories of the postwar chaos nearly three decades ago. Or the Internet goes off. But since , the region of , people has also been home to a thriving cryptocurrency industry. That requires major amounts of energy-intensive, expensive computer hardware. Abkhazia, a lush region on the Black Sea coast, is considered by the vast majority of countries to be part of Georgia. But it has been outside the control of the government in Tbilisi since a war in the early s.
Depending on who you ask bitcoin, the digital currency at the heart of the crypto craze is either a currency or a commodity, a speculative bubble or a safe tool for storing and building wealth. One thing everyone agrees on is that it has become a staggering consumer of energy and producer of climate wrecking carbon dioxide. Debate between its champions and detractors grows with its price and value, intensified by accelerating global efforts to tackle climate change.