environmentalimpact

Riot's Texas-Sized Bitcoin Mine Sparks Controversy in Corsicana

Riot's Texas-Sized Bitcoin Mine Sparks Controversy in Corsicana

To put this in context, Riot Platforms, one of these multibillion-dollar corporations, is currently constructing the world’s largest Bitcoin mine. This monumental undertaking is currently happening in Corsicana, Texas. The project is located within an existing industrial park and would help Navarro County’s economy diversify. It does this by creating...

Silent Wells, Loud Risks: Is Crypto Mining's Boom a Bust for PA?

Silent Wells, Loud Risks: Is Crypto Mining's Boom a Bust for PA?

Here’s the hard truth Pennsylvania, we really have to have an honest conversation about crypto mining. Not the future-of-finance hype, but the down-and-dirty, ground-zero reality unfolding in our own back-yards. In particular, the puzzling and disappointing recent trend of pairing crypto mining with abandoned and soon-to-be-abandoned natural gas wells. It...

Texas Crypto Noise: Is Bitcoin Mining's Promise Worth Granbury's Pain?

Texas Crypto Noise: Is Bitcoin Mining's Promise Worth Granbury's Pain?

The appeal of cryptocurrency, with Bitcoin at the forefront, is hard to ignore. Fortunes have been made, and hopes of a decentralized financial revolution through cryptocurrencies dance in many people’s minds. Texas is a hot spot for Bitcoin miners because of its cheap energy and business-friendly climate. Most have come...