A Texas Town's Misery Underscores the Impact of Bitcoin Mines Across the U.S. - TIME

Every night, the nurse anesthetist Cheryl Shadden lies awake in her home in Granbury, Texas, listening to a nonstop roar. “It’s like sitting on the runway of an airport where jets are taking off, one after another,” she says. “You can't even walk out on your back patio and speak to somebody five feet away and have them hear you at all.”

The noise comes from a nearby bitcoin mining operation, which set up shop at a power plant in Granbury last year. Since then, residents in the surrounding area have complained to public officials about an incessant din that they say keeps them awake, gives them migraines, and seemingly has caused wildlife to flee the region. “My citizens are suffering,” says Hood County Constable John Shirley.

Granbury is one of many towns across the U.S. feeling the negative impacts of bitcoin mining, an energy-intensive process that powers and protects the cryptocurrency. Those impacts include carbon and noise pollution, and increased costs on consumers’ utility bills. According to the New York Times, there are 34 large scale bitcoin mines across the U.S. In 2022, the crypto market tumbled, in part due to high-profile collapses of crypto companies like Sam Bankman-Fried’s FTX. But in 2023, prices rebounded once again, and mining companies decided to expand their operations in order to cash in, causing global energy consumption for mining to double, according to one study. Critics say that mining is causing both long-term environmental damage, due to its energy use, as well as local harm. “We’re at a loss here,” Granbury resident Shadden says. “We want our lives back.”

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Texas has become a global leader in crypto mining because miners can access cheap energy and land there, as well as benefit from friendly tax laws and regulation. Bitcoin miners consume about 2,100 megawatts of the state's power supplies, and companies like Riot Platforms and Marathon Digital Holdings have recently expanded in the state. (Other states, conversely, have pushed back on the industry: In 2022, New York imposed a moratorium on bitcoin mining over concerns that miners were overusing renewable energy resources.)

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Erik Kojola, a senior Climate Research Specialist for Greenpeace USA, says he’s monitored similar complaints from residents near new bitcoin mining centers across the country, in Iowa, Indiana, Nebraska, and upstate New York. He also contends that bitcoin mining poses a much larger threat to the environment. “Bitcoin mining is essentially a lifeline for fossil fuels,” he says. “It's ultimately creating a new industrial scale demand for energy at a time where we need to be reducing our energy use.”

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https://time.com/6590155/bitcoin-mining-noise-texas/