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David Lawerence Beaver II | The Highland County Press

Environmental Economics: An example of a negative externality from Murphy, NC #crypto

From CNN (How the blare of a crypto mine woke up this Blue Ridge Mountain town): When Judy Stines first heard about cryptocurrency, “I always thought it was smoke and mirrors,” she said. “But if that’s what you want to invest in, you do you.” But then she heard the.

How the blare of a crypto mine woke up Murphy, NC

Appalachia residents claim they are being driven out of their neighborhood after crypto mine opened

Residents in a North Carolina Appalachian town say they re being forced to leave their homes due to a noisy cryptocurrency mine that has drawn petitions and protests.

The Incessant Whine of Crypto Mining

"When people talk about crypto mining the first thing usually mentioned is the amount of electricity it uses," writes Slashdot reader quonset. "What few realize is how loud rack after rack of servers and fans for cooling running 24/7 can be. The people of Murphy, North Carolina found out, and are no.

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