Bitcoin Mining Operation Being Sued for Producing High Noise Levels in Tennessee
A bitcoin mining operation in Tennessee is being sued by neighbors due to the high level of noise the facility produces. The lawsuit, which was filed in August, asks mining operator Red Dog to shut down operations and pay personal damages fees, as well as compensate owners for decreased property values. The lawsuit could set a precedent for other cases now that Bitcoin mining companies are seeking to migrate to new zones previously ignored. Bitcoin Mining Operation Faces Noise Complaint Red Dog Technologies, the owner of a Bitcoin mining operation located in the U.S. state of....
Related News
Having accessing to affordable electricity is a critical factor for any bitcoin mining operation. John McAfee and Bitcoin seem to be entwined at this point in history. Ever since launching his massive bitcoin mining operation through MGT Capital Investments Inc, things have been going well. So much even that his operation is producing bitcoins ahead of schedule. A positive note that shows mining cryptocurrency remains a profitable business assuming one has the necessary knowledge. As is the case with any Bitcoin mining operation, specific targets have to be reached. Investing in hardware,....
Public complaints around bitcoin mining noise pollution are growing, but miners have plenty of solutions at their disposal. Let’s use them.
Bitmain is taking a new approach to getting more people involved in bitcoin mining. Bitmain is introducing the AntMiner R4, and their new PSU: the APW5. According to the company, both products are made with a broader range of users in mind, both utilizing new cooling systems to improve heat dissipation and noise output. The New Bitmain AntMiner R4. The AntMiner R4 is a new line of bitcoin ASIC miners aimed at the average consumer. This miner uses the new 16 nm ASIC, with a 8 th/s to 8.6 th/s hash rate. A new cooling and styling design keeps the R4’s noise levels low, reportedly peaking....
The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined. In an announcement on Monday, Riot Blockchain reported that it produced 187 Bitcoin (BTC) — roughly $11.2 million — last month, an 80% increase over its BTC mining in March 2020. The company said it held more than 1,565 Bitcoin on its balance sheet as of March 31, representing more than $94 million in crypto.The mining report follows Riot's $138 million purchase of 42,000 S19j Antminers from crypto mining giant Bitmain. Roughly 6% of the rigs — 2,400 Antminers — are reportedly already on....
Jackson, Tennessee’s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson’s mayor Scott Conger is in the midst of discussing creating legislation that allows Jackson residents to pay property taxes with bitcoin. Jackson, Tennessee’s Mayor Is a Fan of Bitcoin, He Wonders Why We Accept Inflation Miami mayor Francis Suarez is not the only bitcoiner trying to get bitcoin companies and technological innovation to reside in his city. Jackson, Tennessee’s mayor is also a bitcoin fan and....