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Expert, Local Farmers Describe Energy, Water and Noise Problems From Crypto Mining

CHILDREN AND YOUTH COMMITTEE - SENATE · April 4, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

An academic and Arkansas farmers told a Senate committee that Bitcoin mining's proof-of-work model drives large electricity demand, noise and heat; farmers warned the facility near DeWitt could threaten irrigation and wildlife and urged numeric standards, permitting and ADEQ enforcement.

Professor Reed, an academic who formerly served as mayor of Plattsburgh, New York, told the committee that Bitcoin's proof-of-work protocol demands "an unbelievably large number of power-hungry machines" and that the resulting noise, heat and energy use were central problems Plattsburgh faced in 2017.

"Bitcoin uses something called proof of work to memorialize transactions and prevent subsequent tampering that is the root of all the problems we now see from the mining industry,"…

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