From the Letter to Editor by Betsy Lawson, Morgantown Dominion Post, March 27, 2022
Thanks to The Dominion Post for recent editorials and articles regarding the proposed bitcoin mining facility in the Morgantown Industrial Park (MIP).
Northeast Natural Energy has so far refused to confirm the purpose of its “science facility,” but even the gas industry website, Marcellus Shale News, believes that its purpose is for generating (mining) bitcoin.
Bitcoin mining uses banks of purpose-made computers to guess 64-digit target numbers, called hashes. Right now, the chances of doing so are one in 27.55 trillion. The engines that power these computers consume vast amounts of electricity and run 24/7/365. The bitcoin mining industry alone uses four times the electricity per year as the entire City of New York while generating a lot of pollution and heat.
Cooling such engines with water poses a threat to the source when it is returned, a concern for residents near Seneca Lake in upstate New York, where the Greenidge facility mines bitcoin and is allowed to return water to the lake at up to 108 degrees F.
Cooling the engines with huge fans generates so much non-stop noise that residents of Limestone, Tenn., haven’t been able to get a good night’s sleep since Red Dog Technologies opened a facility there.
Everyone who lives across the river from the Morgantown Industrial Park should be very concerned. And what effect will this have on pollution levels in a town that already has two coal-fired power plants? Since China banned cryptocurrency mining, Appalachia is becoming increasingly attractive for these dubious facilities.
Bitcoin and all the other cryptocurrencies are unregulated and anonymously owned and thus useful for criminal activity. What good will it bring to the area? It will certainly lower the quality of life here. Our city council and county commission should stop this intrusion.
>> Betsy Lawson, Concerned Citizen, Morgantown, WV
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City of Morgantown ~ Noise Ordinance: Article 527 ~ Noise Control
527.01 Declaration of Policy ~ The City of Morgantown finding that excessive levels of sound are detrimental to the physical, mental and social well being of the citizens of the City of Morgantown as well as to their comfort, living conditions, general welfare and safety, hereby declares it to be necessary to provide for the greater and more effective regulation of excessive sounds through the adoption of Article 527, Noise Control.
From 527.05 ~ Maximum Permissible Sound Levels From Stationary Sources, Any Time of Day, Industrial Noise Limit of 70 dBA.
See also 527.02 thru 527.11 for details.
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MORGANTOWN CITY COUNCIL ~ Committee of the Whole
DATE: Tuesday, March 29, 2022, 7:00 PM - 10:00 PM @ City Council Chambers
On the last Tuesday of each month, the City Council meets as the Committee of the Whole for a workshop meeting to discuss issues and ordinances that will be presented to them in the coming month.
All members of the public may view the meeting on Channel 15 and by streaming hosted on the City’s website at:
morgantownwv.viebit.com
Contact: Christine Wade, City Clerk ~ cwade@morgantownwv.gov
Can Our Climate Survive Bitcoin?
REVEAL PODCASTS, Read the Transcript or Listen to the Recording, March 26, 2022
https://revealnews.org/podcast/can-our-climate-survive-bitcoin/
Bitcoin is hot – and it’s heating up the planet, too. Making bitcoin uses enormous amounts of power.
Bitcoin is a novel form of currency that bypasses banks, credit card companies and governments. But as Reveal’s Elizabeth Shogren reports, the process of creating bitcoin is extremely energy intensive, and it’s setting back efforts to address climate change. Already, bitcoin has used enough power to erase all the energy savings from electric cars, according to one study. Still, towns across the United States are scrambling to attract bitcoin-mining operations by selling them power at a deep discount.
Bitcoin’s demand for electricity is so great that it’s giving new life to the dirtiest type of power plants: ones that burn coal. In Hardin, Montana, the coal-fired power plant was on the verge of shutting down until bitcoin came to town. The coal that fuels the bitcoin operation is owned by the Crow Nation, so some of the tribe’s leaders support it. But in just one year, the amount of carbon dioxide the plant puts into the air jumped nearly tenfold.
Bitcoin’s huge carbon footprint has people asking whether cryptocurrency can go green. Bitcoin advocates say it can switch to renewable energy. Others are instead developing entirely new types of cryptocurrency that are less energy hungry. Guest host Shereen Marisol Meraji talks with Ludwig Siegele, technology editor at The Economist, who gives his assessment of the challenges of making cryptocurrency environmentally friendly.
Dig Deeper Below ~ https://revealnews.org/podcast/can-our-climate-survive-bitcoin/
Watch: How Cryptocurrency Works (The New York Times)
Read: Bitcoin now negating a decade of progress in deploying electric vehicles (Digiconomist)
Read: President Joe Biden’s executive order calling on federal agencies to study cryptocurrency (White House)
CONCERN FOR MORGANTOWN AND MON VALLEY
I am having difficulty understanding cryptocurrency. Here is the most intelligible thing that I have found to date.
https://www.youtube.com/watch?v=Pl8OlkkwRpc
Don Spencer