Two technicians inspect bitcoin mining at Bitfarms in Saint Hyacinthe, Quebec on March 19, 2018.
New Probe Reveals 'Real-World Harm' of Crypto Mining Operations
"This report vividly shows how proof-of-work crypto-mining operations are contributing to increased air, water, and noise pollution in many communities across the U.S."
A report published Wednesday by the Environmental Working Group examines how the "mining" process behind popular cryptocurrencies including bitcoin, Dogecoin, and Monero creates a wide range of pollution that is harming communities and fueling the climate emergency.
The EWG report—entitled Proof of Problems: Bitcoin Mining's Pollution Toll on U.S. Communities—profiles six case studies of adverse effects of the cryptocurrency mining process known as "proof-of-work."
"This report vividly shows how proof-of-work crypto-mining operations are contributing to increased air, water, and noise pollution in many communities across the U.S.," EWG policy director and report co-author Jessica Hernandez said in a statement.
"It amplifies the voices of those who are fighting to save their homes and livelihoods from the bitcoin mines invading their communities," Hernandez added. "The industry cannot continue to turn a blind eye to the real-world harm it is causing or greenwash the problem away."
As an executive summary of the report details:
Not all bitcoin mines are alike. Some rely on the resurrection of dormant fossil fuel power plants, some find low-cost high-pollution fuel sources like burning coal waste in Pennsylvania, and others flare gas from oil wells to generate the necessary electricity, like the mines blighting Montana's scenery.
They all use the same technology, individual computer hardware no bigger than a shoe box or two, all competing to solve the same puzzle and earn a few bitcoin. But it takes thousands of these mining computers, called rigs, to become competitive in the mining industry. That's why some companies are placing multiple shipping crates full of bitcoin mining rigs in communities across the U.S...
What these mines have in common is their use of proof-of-work, which is wasteful by design. This system, a type of software to record and manage bitcoin transactions, has proven highly inefficient, requiring massive amounts of fossil fuel-generated electricity to operate. Proof-of-work is a source of constant noise, a blight in communities across the country, and a hotbed of fraud and corruption that bilks consumers and ratepayers out of billions of dollars.
"Despite staunch opposition nearly everywhere bitcoin is mined, Wall Street bankers and other large financial backers manage to continue this assault on climate and communities across the country," the report states. "Change is needed, and it's needed urgently."
One of the report's case studies shows how a Blockstream mining center in Adel, Georgia created so much noise that the residents of one nearby house spent thousands of dollars to install 11 layers of insulation as the constant din damaged their hearing and kept them captive in their own home.
"It sounds like 1,000 jet engines taking off at one time. You can hear it five miles away from here," said Annette Tiveron, who lives in the house. "It ripples our pond from the vibration with the machines. It's literally shaking your brain."
The EWG report renews the group's calls to "change the code, not the climate" and highlights alternatives to proof-of-work, such as "proof-of-stake," to which the cryptocurrency Ethereum switched last year.
"Speaking with people around the country has been eye-opening in revealing the extent of the problems that bitcoin mines are causing in communities," EWG editor in chief and report co-author Anthony Lacey said in a statement. "It's hard to learn of these stories and not ask why bitcoin miners can't change their code to be better neighbors."
Urgent. It's never been this bad.
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission from the outset was simple. To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It’s never been this bad out there. And it’s never been this hard to keep us going. At the very moment Common Dreams is most needed and doing some of its best and most important work, the threats we face are intensifying. Right now, with just three days to go in our Spring Campaign, we're falling short of our make-or-break goal. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Can you make a gift right now to make sure Common Dreams not only survives but thrives? There is no backup plan or rainy day fund. There is only you. —Craig Brown, Co-founder |
A report published Wednesday by the Environmental Working Group examines how the "mining" process behind popular cryptocurrencies including bitcoin, Dogecoin, and Monero creates a wide range of pollution that is harming communities and fueling the climate emergency.
The EWG report—entitled Proof of Problems: Bitcoin Mining's Pollution Toll on U.S. Communities—profiles six case studies of adverse effects of the cryptocurrency mining process known as "proof-of-work."
"This report vividly shows how proof-of-work crypto-mining operations are contributing to increased air, water, and noise pollution in many communities across the U.S.," EWG policy director and report co-author Jessica Hernandez said in a statement.
"It amplifies the voices of those who are fighting to save their homes and livelihoods from the bitcoin mines invading their communities," Hernandez added. "The industry cannot continue to turn a blind eye to the real-world harm it is causing or greenwash the problem away."
As an executive summary of the report details:
Not all bitcoin mines are alike. Some rely on the resurrection of dormant fossil fuel power plants, some find low-cost high-pollution fuel sources like burning coal waste in Pennsylvania, and others flare gas from oil wells to generate the necessary electricity, like the mines blighting Montana's scenery.
They all use the same technology, individual computer hardware no bigger than a shoe box or two, all competing to solve the same puzzle and earn a few bitcoin. But it takes thousands of these mining computers, called rigs, to become competitive in the mining industry. That's why some companies are placing multiple shipping crates full of bitcoin mining rigs in communities across the U.S...
What these mines have in common is their use of proof-of-work, which is wasteful by design. This system, a type of software to record and manage bitcoin transactions, has proven highly inefficient, requiring massive amounts of fossil fuel-generated electricity to operate. Proof-of-work is a source of constant noise, a blight in communities across the country, and a hotbed of fraud and corruption that bilks consumers and ratepayers out of billions of dollars.
"Despite staunch opposition nearly everywhere bitcoin is mined, Wall Street bankers and other large financial backers manage to continue this assault on climate and communities across the country," the report states. "Change is needed, and it's needed urgently."
One of the report's case studies shows how a Blockstream mining center in Adel, Georgia created so much noise that the residents of one nearby house spent thousands of dollars to install 11 layers of insulation as the constant din damaged their hearing and kept them captive in their own home.
"It sounds like 1,000 jet engines taking off at one time. You can hear it five miles away from here," said Annette Tiveron, who lives in the house. "It ripples our pond from the vibration with the machines. It's literally shaking your brain."
The EWG report renews the group's calls to "change the code, not the climate" and highlights alternatives to proof-of-work, such as "proof-of-stake," to which the cryptocurrency Ethereum switched last year.
"Speaking with people around the country has been eye-opening in revealing the extent of the problems that bitcoin mines are causing in communities," EWG editor in chief and report co-author Anthony Lacey said in a statement. "It's hard to learn of these stories and not ask why bitcoin miners can't change their code to be better neighbors."
- 'Leading the Nation on Climate,' NY Governor Signs Partial Ban on Crypto Mining ›
- Warren Warns Crypto Madness Will 'Take Down the Economy' If It Isn't Regulated ›
- NY Agency Sued Over Cryptomining Operation That Could Increase Plant Emissions by 3,500% ›
- Opinion | The Great Global Computer Outage Is a Warning We Ignore at Our Peril | Common Dreams ›
A report published Wednesday by the Environmental Working Group examines how the "mining" process behind popular cryptocurrencies including bitcoin, Dogecoin, and Monero creates a wide range of pollution that is harming communities and fueling the climate emergency.
The EWG report—entitled Proof of Problems: Bitcoin Mining's Pollution Toll on U.S. Communities—profiles six case studies of adverse effects of the cryptocurrency mining process known as "proof-of-work."
"This report vividly shows how proof-of-work crypto-mining operations are contributing to increased air, water, and noise pollution in many communities across the U.S.," EWG policy director and report co-author Jessica Hernandez said in a statement.
"It amplifies the voices of those who are fighting to save their homes and livelihoods from the bitcoin mines invading their communities," Hernandez added. "The industry cannot continue to turn a blind eye to the real-world harm it is causing or greenwash the problem away."
As an executive summary of the report details:
Not all bitcoin mines are alike. Some rely on the resurrection of dormant fossil fuel power plants, some find low-cost high-pollution fuel sources like burning coal waste in Pennsylvania, and others flare gas from oil wells to generate the necessary electricity, like the mines blighting Montana's scenery.
They all use the same technology, individual computer hardware no bigger than a shoe box or two, all competing to solve the same puzzle and earn a few bitcoin. But it takes thousands of these mining computers, called rigs, to become competitive in the mining industry. That's why some companies are placing multiple shipping crates full of bitcoin mining rigs in communities across the U.S...
What these mines have in common is their use of proof-of-work, which is wasteful by design. This system, a type of software to record and manage bitcoin transactions, has proven highly inefficient, requiring massive amounts of fossil fuel-generated electricity to operate. Proof-of-work is a source of constant noise, a blight in communities across the country, and a hotbed of fraud and corruption that bilks consumers and ratepayers out of billions of dollars.
"Despite staunch opposition nearly everywhere bitcoin is mined, Wall Street bankers and other large financial backers manage to continue this assault on climate and communities across the country," the report states. "Change is needed, and it's needed urgently."
One of the report's case studies shows how a Blockstream mining center in Adel, Georgia created so much noise that the residents of one nearby house spent thousands of dollars to install 11 layers of insulation as the constant din damaged their hearing and kept them captive in their own home.
"It sounds like 1,000 jet engines taking off at one time. You can hear it five miles away from here," said Annette Tiveron, who lives in the house. "It ripples our pond from the vibration with the machines. It's literally shaking your brain."
The EWG report renews the group's calls to "change the code, not the climate" and highlights alternatives to proof-of-work, such as "proof-of-stake," to which the cryptocurrency Ethereum switched last year.
"Speaking with people around the country has been eye-opening in revealing the extent of the problems that bitcoin mines are causing in communities," EWG editor in chief and report co-author Anthony Lacey said in a statement. "It's hard to learn of these stories and not ask why bitcoin miners can't change their code to be better neighbors."
- 'Leading the Nation on Climate,' NY Governor Signs Partial Ban on Crypto Mining ›
- Warren Warns Crypto Madness Will 'Take Down the Economy' If It Isn't Regulated ›
- NY Agency Sued Over Cryptomining Operation That Could Increase Plant Emissions by 3,500% ›
- Opinion | The Great Global Computer Outage Is a Warning We Ignore at Our Peril | Common Dreams ›