Tag Archive: bitcoin

Montana county looks to limit noisy bitcoin mining

 

The Independent Record reports that Missoula County is considering limiting bitcoin mining operations “amid concerns over noise, the amount of energy used by the cryptocurrency mining operations, and how that energy consumption could affect consumers.” Turns out mining virtual currency causes real life problems, like imposing a permanent hum on the neighbors generated by “the hundreds of fan blades” used to cool the mining factories.

But as much as we are appalled by ridiculous activities that make noise, this is quantifiably more horrible: The Independent Record states that “mining a single bitcoin takes as much electricity as it does to power the average American household for two years.”

Noise is usually a sign that something is wrong in a system.  That seems loud and clear here.

What does making money sound like?

Photo credit: BalticServers.com licensed under CC BY-SA 3.0

Not very good, apparently, as the Missoulian reports that noise from a Bitcoin data center is disturbing neighbors. Surely it can’t be that loud, can it? Yes, yes it can. According to the data centers exasperated neighbors, it sounds feels like you are “sitting on a tarmac when a jet engine is winding up to take off, but the plane never leaves.”

And so we learn about the unintended consequences of chasing a dollar bitcoin.