Appalachia residents claim they are being kicked out of their neighborhood after crypto mine opens

Residents of a North Carolina Appalachian town say they are being forced to leave their homes because of a noisy cryptocurrency mine, which has sparked petitions and protests.

Murphy’s facility, one of two in Cherokee County, has consistently made a sound that resident Mike Lugiewicz describes as ‘a little jet that never leaves. In September, a mine was described as ‘more expensive than beef production’.

Sound meters run by Lugiewicz outside his yard showed the constant noise of stacks of computer servers and cooling fans ranging from 55 to 85 decibels.

‘There’s a racetrack three miles away,’ said Lugiewicz. ‘You can hear the cars racing by. It has increased.

‘But at least they stop,’ neighbor Judy Stine added to CNN. ‘And you can go to bed.’

Residents of a North Carolina Appalachian town say they are being forced to leave their homes because of a noisy cryptocurrency mine, which has sparked petitions and protests

The ban on crypto in places like China has led those to search for locations along Appalachia, as electricity is relatively cheap and regulation is generally non-existent in those areas.

A company called PrimeBlock has bought a dozen mines in North Carolina as well as in Tennessee and Kentucky.

The company – based out of San Francisco – has raised nearly $300 million in equity financing and is expected to go public soon.

Despite a largely Republican and Libertarian base, the noise has forced residents to demand their local government do something about it, with the Board of Commissioners recently calling on state and federal officials to regulate crypto mining. asked for.

“I personally think that if we can get a bill in the system, other (North Carolina) counties will follow suit,” said Chairman Cal Stiles.

Chandler Song, co-founder and chief innovation officer of PrimeBlocks, said such regulation would be ‘unconstitutional to say the least’ and said of the locals: ‘Oh boy, they wanted us so bad a year ago. were.’

Representatives from PrimeBlock were scheduled to speak at the Cherokee County Board meeting, but County Commission Chairman Dan Eichenbaum said they decided not to come because someone shot at one of the service lines.

Resident Mike Lugiewicz (pictured left) describes the noise as 'a little jet that never takes off'

Resident Mike Lugiewicz (pictured left) describes the noise as ‘a little jet that never takes off’

The ban on crypto in places like China has led those to search for locations along Appalachia, as electricity is relatively cheap and regulation is generally non-existent in those areas.

The ban on crypto in places like China has led those to search for locations along Appalachia, as electricity is relatively cheap and regulation is generally non-existent in those areas.

Song has since said he hasn’t heard any complaints from the county, but promised that PrimeBlocks would build noise insulation walls and install a water-based cooling system, which did make noise, The Washington Post reported.

They did, but only on two sides of the mine before construction stopped, angering the residents.

Both Song and co-founder Ryan Fang were included in a 2017 Forbes list of young entrepreneurs who were able to raise more than $10 million in funding for projects.

PrimeBlock claims approximately $25 million in revenue for the fourth quarter of 2021 and an estimated enterprise value of $1.25 billion.

Despite a largely Republican and Libertarian base, the noise has forced residents to demand their local government do something about it, with the Board of Commissioners (pictured) recently asking state and federal officials to block crypto mining. asked to regulate.

Despite a largely Republican and Libertarian base, the noise has forced residents to demand their local government do something about it, with the Board of Commissioners (pictured) recently asking state and federal officials to block crypto mining. asked to regulate.

Chandler Song, co-founder and chief innovation officer of PrimeBlocks, said such regulation would be 'unconstitutional to say the least' and said of Local: 'Oh boy, they wanted us so bad a year ago. '

Chandler Song, co-founder and chief innovation officer of PrimeBlocks, said such regulation would be ‘unconstitutional to say the least’ and said of Local: ‘Oh boy, they wanted us so bad a year ago. ‘

Song has not yet answered any follow-up questions. DailyMail.com has contacted a spokesperson for PrimeBlock for comment.

The mines, along with winter storms, have been blamed for causing blackouts in the Tennessee Valley Authority-built power grid, which has rarely happened in the history of the New Deal-era program. The mine never closes.

Resident Ron Wright said, “They locked us out for anywhere from 15 to 45 minutes to an hour every hour on Christmas Eve and Christmas Day.” ‘Well, once your power goes down, your heat pump shuts down and the pipes freeze.’

Lugiewicz and Steines are still fighting, but Lugiewicz has put up a For Sale sign on his house.

‘September of 2021, I think, is when they turned it on and my wife and I just shook our heads, said, ‘No, we’re out of here.’

Despite promises PrimeBlock would build noise insulation walls and install a water-based cooling system that produces sound, they only built them on two sides of the mine before construction stopped, only to annoy residents.

Despite promises PrimeBlock would build noise insulation walls and install a water-based cooling system that produces sound, they only built them on two sides of the mine before construction stopped, only to annoy residents.

The mines, along with winter storms, have been blamed for causing blackouts in the Tennessee Valley Authority-built power grid, which has rarely happened in the history of the New Deal-era program.  the mine never closes

The mines, along with winter storms, have been blamed for causing blackouts in the Tennessee Valley Authority-built power grid, which has rarely happened in the history of the New Deal-era program. the mine never closes

The Murphy facility caused all sorts of stir in neighboring Clay County, which banned commercial crypto mining last August.

The ordinance states, ‘With regard to environmental impacts, the board finds that cryptocurrency mining contributes to climate change, noise pollution, environmental destruction, use of enormous amounts of energy, including but not limited to electrical energy.’

County Commissioner Clay Logan told Clay County Progress that it was ‘just good common sense.

Both Change.org and the Sierra Club have started petitions against the mines.

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