Impact of Large-Scale Bitcoin Mining on Local Communities

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SilentOrbitSenior Member
Posts: 49 · Reputation: 1264
#1Sep 13, 2017, 01:37 AM
Check out this new video on how industrial bitcoin mining affects communities. Marathon Digital is mining in Texas, and it seems like they don't care about the locals at all.
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ben2019Newbie
Posts: 11 · Reputation: 37
#2Sep 13, 2017, 07:05 AM
Yeah, living next to that must be awful. If I lived near Marathon, I'd sell my house ASAP. Imagine having loudspeakers blasting noise at the legal limit. Would you really be okay with that?
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gang2015Member
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#3Sep 13, 2017, 11:56 AM
It’s easy to point fingers at Bitcoin mining. But honestly, Texas has weak laws and enforcement. Who in their right mind buys a house there at high prices?
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pr0to88Member
Posts: 460 · Reputation: 235
#4Sep 13, 2017, 05:13 PM
If you’re deaf, maybe it’s a good deal. Just kidding. But seriously, the mine helps the power grid by shutting down during peak heat. And they say they use air cooling, not water.
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planktonHero Member
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#5Sep 14, 2017, 11:31 PM
Did anyone actually read the video’s intro? They’re just visiting to stir up drama. This isn't new news, it’s just a rehash.
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#6Sep 14, 2017, 11:59 PM
Looks like Marathon is getting attention, but it’s all about their bitcoin stash. This video seems like just more of the same. Social media loves to stir up drama.
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gang2015Member
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#7Sep 15, 2017, 01:37 AM
I watched it too, and it’s totally clickbait. They make it sound like Bitcoin is the root of all the problems. But with only 4-5% hashrate, it’s not all on them.
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SilentOrbitSenior Member
Posts: 49 · Reputation: 1264
#8Sep 15, 2017, 04:03 AM
Exactly! If your loudspeaker business was backed by huge lobbying efforts and ruining my life, I’d oppose it too. Context matters. Bitcoin is cool, but we can’t ignore the damage.
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ben2019Newbie
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#9Sep 17, 2017, 08:25 AM
Reality check: support Bitcoin and deal with the noise or ditch it for the alternative. Fiat is not the answer either.
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SilentOrbitSenior Member
Posts: 49 · Reputation: 1264
#10Sep 17, 2017, 12:52 PM
Mining impacts aren’t one-sided. If regulators allow it, they should regulate it too. Look at how nuclear energy is handled. We can mine without harming communities.
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#11Sep 17, 2017, 07:06 PM
In my country, BitFury is draining our resources while the government jacks up our electricity prices. It’s frustrating. I miss when mining was accessible to everyone.
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mark.viperFull Member
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#12Sep 17, 2017, 07:16 PM
I get that. I’m for Bitcoin mining, but if it’s hurting people with noise and pollution, that’s not cool. They need to find a way to do it without causing suffering.
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topbl4stFull Member
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#13Sep 17, 2017, 11:40 PM
This is just bad. Texas has tons of open land. Why build near homes? People are already complaining about the noise and health issues.
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HumbleGuruFull Member
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#14Sep 18, 2017, 01:16 AM
Fun fact: coal mining emits a ton of CO₂ per Bitcoin. But it varies based on where and how it's done.
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topbl45tNewbie
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#15Sep 18, 2017, 03:18 AM
They built next to a power plant, so it makes sense. But seriously, hearing aids are getting cheaper. Just saying.
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sage2018Full Member
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#16Sep 18, 2017, 07:37 AM
I see your point, but if mining is causing this much disturbance, it’s a serious issue. We need responsible mining practices.
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pr0to88Member
Posts: 460 · Reputation: 235
#17Sep 18, 2017, 12:56 PM
This isn’t just about Bitcoin mining. It’s Texas being pro-business and anti-people. This whole situation is about bigger issues with local governance.
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Posts: 1362 · Reputation: 35
#18Sep 18, 2017, 04:51 PM
Corrupt governments are the real problem here, letting big companies mess up small towns.
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