Subscribe to our Telegram channel
A large IT company engaged in mining has caused the relocation of residents of an American city
Residents of Murphy (North Carolina, USA) complain that the local crypto miner PrimeBlock is making «crazy» noise and negatively affecting the power grid. Residents are experiencing so much discomfort that some of them have decided to leave their homes and move elsewhere.
«This morning, the volume from the mining rig was around 85 decibels. It sounds like you’re sitting behind a jet plane that just stands there and never takes off. Or imagine being inside Niagara Falls and not being able to get rid of the noise, as if your house is in the epicenter of it,» the resident complains.
The cryptocurrency miner also managed to damage the power grid in Murphy. More than 1,600 residents spent the Christmas holidays without electricity and heat. But despite the power outage, the mining rig did not stop working. «While we’re sitting in the dark, I can look out the window and see that the mining farm is on. The power companies turned off the residential buildings, but let the crypto farm run,» Murphy ironically says.
Not everyone manages to leave the noisy environment — many elderly people remain in the city. Proactive residents of Murphy hope that the authorities will take measures to improve the situation.
As a reminder, according to a report by the Forex Suggest exchange and education platform, bitcoin was the cryptocurrency whose mining had the worst environmental impact last year. Experts estimate that mining one BTC emitted almost a ton of carbon dioxide into the atmosphere. In total, bitcoin mining produced about 86.3 million tons of CO2 in 2022.
It is worth noting that some cryptocurrency analysts tend to believe that mining bitcoin is not as profitable as Dogecoin (DOGE). CoinWarz researchers have calculated that the cost of electricity for mining meme-coin is $ 8.22 per day, and for mining BTC — $ 7.22. However, DOGE miners receive a profit of $ 12.94 per day compared to the daily profit of $ 3.58 for BTC, making DOGE more profitable by 267%.