U.S. town residents push back against world’s largest Bitcoin mining facility

06/17 08:13

Indeed, one of the communities where crypto mining might come into question due to local pushback is the town of Corsicana in the Navarro County, Texas, where Bitcoin (BTC) mining company Riot Blockchain is building the world’s largest crypto mining facility on a 265-acre property, The Dallas Morning News reported on June 16. However, the project’s announcement has provoked resistance from some of the locals. Their leader, Jackie Sawicky, expressed skepticism about the announcement, stating that: “They announced it like it’s something we should be grateful for. They are exploiting our resources and what do we get in return?” Sawicky also believes crypto assets are a Ponzi scheme, as she explained that: “We can’t go into a store and buy anything from them.” One of the things the group is most concerned about is the water usage that the facility would use to cool its equipment at a time when the county is facing a drought. Their other concerns include the potential increase in water and electricity bills.

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