The fallout from Arkansas' "right to mine" bitcoin law
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21 день томуThe peace and quiet of rural Bono, Arkansas, has been shattered by a loud and incessant mechanical buzzing sound created by a bitcoin mine. What exactly is a "bitcoin mine," and how does it work? Who owns them? And what can the residents of Bono do about them? Correspondent David Pogue investigates this very loud problem.
[A previous version of this report incorrectly stated that "at least 50 bitcoin mining plants are planned in Arkansas." In fact, as of April 14, 2024, when this story originally aired, at least 50 counties in Arkansas had passed ordinances to restrict the sound level emitted by bitcoin mines.]
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@lifeisgood12341 19 днів тому
What a waste of electricity
@Austin8thGenTexan 19 днів тому
When we have grid shortages of electricity in Texas, they pay these Bitcoin miners billions of dollars *not* to operate. They locate these mines where taxes and electricity are the very cheapest - which is usually a drain on a rural electric co-op. ⚡😲⚡
@DgurlSunshine 19 днів тому
@@Austin8thGenTexan BANKRUPT
@Austin8thGenTexan 19 днів тому
@@DgurlSunshine It's never in the best interest of the People. 🥀
@igorschmidlapp6987 19 днів тому
Depends on whose using it, for what purpose, and its ROI, as to whether it's a "waste"... the cryptominers sure don't see it that way... your opinion (or mine) doesn't mean squat. The downside of unincorporated land areas...
@paulyricca3881 19 днів тому
💦😫💦💨 WHY IS OJ DEAD WHY?
@kikilynn1167 18 днів тому
I feel so bad for these neighbors. I used to live next to a bunch of all night partiers and it was torture. Noise can destroy your life. The impact of chronic noise needs to be taken more seriously.
@jimwednt1229 6 днів тому
The way people in American industry government bend over to the Chinese is disgusting. The Chinese are trying to control Bitcoin
@mbuggin1976 9 днів тому
How is it not illegal to put out this level of constant noise directly next to a residence?
@forpointsix4.678 4 дні тому
Just a guess but I pretty sure none of these properties are zoned residential. At the most it's mixed use zoning. Both properties are running businesses. I'm curious if during harvest season (24/7 work and tons of noise) these people started getting complaints. They would stop working?
@brianaisawesome6580 19 днів тому
That is awful
@paulyricca3881 19 днів тому
💦😫💦💨 OJ IS DEAD WHY? WHY? WE LOVE OJ.
@jeffreymorris735 6 днів тому
Why is Arkansas allowing Chinese companies to benefit here in the states
@jamesburge1983 19 днів тому
As a resident of Arkansas, being a one party state you can imagine how much 'deregulation' is loved. These folks love deregulation so long as it is harmful to others, but start to whine as soon as they are forced to take responsibility for their actions.
@mattnatwhitt5082 10 днів тому
As opposed to poverty living in California that cause people to flee to Arkansas
@user-jo1zj1vg4v 10 днів тому
@@mattnatwhitt5082lmao nobody is moving to Arkansas in droves. Poverty state
@mattnatwhitt5082 9 днів тому
@@user-jo1zj1vg4v they just went from 0.2 to 0.7% increase in population growth. Someone is moving there considering California dropped 0.2% in the same year
@MrAnderson7372 9 днів тому
You misspelled 'corrupt selected officials in your state are selling out to the communist Chinese party'.
@petergriffin9902 9 днів тому
"Deregulation!" "Not in my backyard!" 🤠
@susanryan3479 6 днів тому
Why is China allowed to build these in the US?
@teresahixson8716 19 днів тому
This should absolutely be illegal!! If you were one of the politicians that drew up this bill and supported it, God help you , and I hope they build one in YOUR yard.
@andihutson8512 19 днів тому
So he ushered in criminal elements, most from the CCP, for a "cheap date" off the backs of taxpaying working families and took away their right to do anything about it - the noise or anything else. If you can't see what these people are doing....bless your heart.
@JerjerB 19 днів тому
And the Republicans say they love America...
@JerjerB 19 днів тому
Sarah Huckster Sanders
@DgurlSunshine 19 днів тому
@@JerjerB PETE RICKETTS
@paulyricca3881 19 днів тому
💦😫💦💨 WHY IS OJ DEAD ? OJ DONT LEAVE ME U WAS INNOCENT.
@paulyricca3881 19 днів тому
@@JerjerB💦😫💦💨 OJ IS DEAD WHY ? WHY?
@Yahoo12 4 дні тому
Sue until they enclose the fans and press for Chinese bitcoin regulations on U.S. land. Greedy corporations over people. Good luck 🍀 That noise is unhealthy.
@MyVlogTherapy 19 днів тому
This is not right. Should not be allowed to place those things anywhere. Especially personal homes. It’s not only about the noise it’s about the health risks.
@paulyricca3881 19 днів тому
💦😫💦💨 OH MY OJ IS DEAD DEAD DO U HEAR ME?
@timothygibson4596 7 днів тому
Health risks? You make it sound like it’s a meth lab, the city can make an ordinance for them erect a structure and bring the decibel level to a lesser level
@normandeaunewswire 19 днів тому
Miner should set up temporary baffles for sound while redesigning.
@mattmassey01 6 днів тому
Just enclose the the sites and put sound dampening materials inside. Not hard should have been apart of the bill.
@igorschmidlapp6987 19 днів тому
I think that her property needs watering... say with a high pressure fire hose... And say that hose just happens to get out of control, and hit that mining server farm? Oops... what a shame... ;-P stupidity raises it head in state and local politics... AGAIN...
@Scott-uo7ns 8 днів тому
Is there not a noise ordinance??
@CTde110 7 днів тому
Probably not with right to mine
@BikerJim74 19 днів тому
There are more efficient and quieter ways to cool a datacenter lmao.
@igorschmidlapp6987 19 днів тому
That cryptominer showed it...
@paulyricca3881 19 днів тому
💦😫💦💨 PLEASE PLEASE OJ CANT BE DEAD.
@paulyricca3881 19 днів тому
@@igorschmidlapp6987💦😫💦💨 OJ IS DEAD.
@hwjebwlsndqgajsbsksnd 7 днів тому
Water cooling would be good
@Badpoison1 5 днів тому
Camouflage and an AMR would be my solution to this
@masterchafer 19 днів тому
Wait so you're telling me complete deregulation leads to people taking advantage and causing trouble for lower income families? Who could have seen that coming except for literally anyone who's not Republican. Those families got what they voted for.
@paulyricca3881 19 днів тому
💦😫💦💨 OJ IS DEAD O WHY ?
@Austin8thGenTexan 18 днів тому
@@paulyricca3881 🔥 👹 🔥
@paulyricca3881 18 днів тому
@@Austin8thGenTexan🥃👴🏻 WHY? WHY? IS OJ DEAD WE MSS U OJ
@Austin8thGenTexan 18 днів тому
@@paulyricca3881 O.J. timed out. ⌛
@24whoanelly 18 днів тому
Frickin DO SONETHING corrupt Arkansas
@ianhernandex 8 днів тому
0:17 Definitely the wrong map. Bono is towards the Northeast part of the state outside of Jonesboro. not anywhere near conway
@jrey4703 8 днів тому
I’m surprised it hasn’t caught fire 😮
@timriehl1500 7 днів тому
My first thought!
@elizabethbottroff1218 День тому
If that property isn't zoned for light industrial, they are breaking the law with the scale of the operation. There are also noise ordinances. Bitcoin right to mine is not relevant to being a bad neighbor.
@DM-lc2cf 19 днів тому
The whole thing is so stupid, it is a fantasy world...
@Austin8thGenTexan 17 днів тому
A newer version of the Beanie Baby craze - only much more expen$ive ! Preying on the poor and uninformed.
@RoolSkool 14 днів тому
@@Austin8thGenTexan so blackrock & fidelity are poor and uninformed?
@chaseb6418 7 днів тому
Dystopian
@justmehereUK 6 днів тому
It's really not @@Austin8thGenTexan
@paulyricca3881 День тому
@@Austin8thGenTexan 👗⬅️YOURS?
@Extraterrestrial-With-A-Finger День тому
One word.... Sabotage!!
@west264 5 днів тому
Sounds like some Robin Hood like people need to step in and make it to expensive to operate.
@jwolpert 19 днів тому
Bitcoin is not a currency. The Satoshi paper claimed it would be, but it failed to deliver on that claim in spectacular fashion. And it turns out that blockchain technology is a poor system for ever running a currency use case. At best it’s digital speculation or a form of price-variable bearer bond. Excellent for laundering money and offshoring without government oversight…for people who like that sort of thing.
@jamesburge1983 19 днів тому
yeah, you are correct, as much as techbros keep spouting gibberish this is what it was from the beginning.
@doreeneclose 16 днів тому
Say what? You need to do a little more research. Check out Lightening, which is a layer 2 bitcoin product on the blockchain. It’s fast, moves between many currencies and has no middle man charging outrageous fees. Bitcoin is the future. These rude and disgraceful miners are not. Eventually I imagine mining rigs in people’s basements, with the excess heat used to power homes inexpensively. That process has already begun in offices and industrial buildings.
@leonardojimenez2415 15 днів тому
How has it failed to deliver? Let me guess, you believe in fiat? You must love government issued money lol. Fun fact the US dollar is also used to launder money. Look at where your tax money is being spent?… to funds mass massacres and genocides in other countries while you get to sit back laugh about it huh? Wake up and be open to new technologies. The satoshi white paper created a currency to survive on when governments no longer cares about you… it was never intended to be secret. It’s a public ledger where everyone get a copy of the same transaction…
@RoolSkool 14 днів тому
There's plenty of people who use it to pay for stuff. I love when people act as if the current people in charge are going to say that new thing is better, let's use that. 😂😂
@justmehereUK 6 днів тому
Smart contracts and store of value. You sound like someone from 2013, times have changed
@miscbits6399 5 днів тому
this would be classifoed as a statutory noise nuisance in Britain under the environmemtal protection act. The Federal EPA has noise laws which apply regardless of state and a call to the national EPA helpline should be in order
@thejerk95 18 днів тому
First FRACKING, now it’s this.
@nathanmartin8393 17 днів тому
Nothing wrong with Fracking
@davidperry4013 День тому
They need to be subject to noise abatement laws.
@TheCryptoMiner 8 днів тому
Lady should get sued for the upkeep of her lawn.
@TheTSRush 5 днів тому
Don't give up Gladys!!
@Bendc1970A1 13 днів тому
I thought the cost of electricity is more than the value of bitcoin mined anymore?
@timothygibson4596 7 днів тому
Nah, coins are back up in price. 55k-68k
@tannermaple 6 днів тому
Arkansas also has pretty cheap electricity cost.
@bford98541 6 днів тому
Even if you lose money right now, if bitcoin jumps up again in a few years the investment is worth it.
@paulyricca3881 День тому
@@bford98541 🥃👴🏻 SHHH! HUSH YO MOUF! SILENCE IS FOO!
@paulyricca3881 День тому
🥃👴🏻 SOOO HOO IZ IT??
@walther007 9 днів тому
Funding the pockets of Chinese millionaires on the backs of Americans. Business as usual.
@BrendaKevinKahle 5 днів тому
That's what C4 is made for...
@graytv-7345 7 днів тому
This is why zoning laws exist
@JamieWedge 8 днів тому
This stuff shouldnt be allowed in residential areas
@angeliqueedwards2004 2 дні тому
I couldn't imagine dealing with that constantly. I hope she gets the money she deserves so her family can move into a quiet neighborhood
@birdwife589 11 годин тому
i appreciate her for being diplomatic but i would absolutely take this to the physical retaliation level
@Obi1kenobi10 7 днів тому
Water cooling would solve the noise issue.
@doreeneclose 16 днів тому
I’m a Bitcoin enthusiast, but this is just wrong! I’m so sorry.
@honkeykong9563 18 днів тому
Decentralization is a Fool's Paradise.
@TaraConti 10 днів тому
There’s also fire risks to think about!
@georgemcdaniel4654 19 днів тому
Good luck it doesn't matter if you can't breath or even walk out side. And again no regulations sow what do you think they will do And it brings out heat. Sow what do you think.
@DgurlSunshine 19 днів тому
HOT HOT HOT WASTE
@igorschmidlapp6987 19 днів тому
I think that you can't spell, is what I think... I have a fine spell checker It came with my PC It plainly marks for my review Miss steaks aye can knot sea...
@HRBJHD 19 днів тому
I say we should help those red states get all the republican policies we can help them get! Maybe the businesses will just buy the whole south.
@nathanmartin8393 17 днів тому
The red states definitely don’t want the liberal policies. Every bad policy we have in my state is some moronic liberal policy
@travisball566 4 дні тому
It’s a big problem here in Arkansas and extremely annoying
@marcobolo2513 16 днів тому
They should have never let that operation so close to someone’s house…they should have to modifying it to make it quiet or move
@georgemcdaniel4654 19 днів тому
To me it's just a shame and it actually hurts the investment. And it's just an xbox for rich people to burn money and for get all of you. We have the power and we don't care. Bitcon ow because no regulations no nothing because that never goes rowing.
@kylestokes4501 10 днів тому
We had to take an exam in Psych Medicine, with Boom Boxes blasting 50’s Rock and Roll, another spirting various numbers in a monotone voice, another was playing 1944 WWII news from the front, and another was Orchestral Movements from Bach and Beethoven. The intercom listed all our names in a repeating roll call, where when our specific name was called, we had to turn our test over, stand for 5 seconds during red light, until a light turned green, and then we had to sit down and continue( instant failure if you missed roll call stand). Students who missed their name being berated and escorted from the exam in tears, with hands cupping their ears, while they yelled at us to keep our eyes on our exams, and flashed the lights on and off above us. There was Dosage Calculations based on weight, and the numbers drove students mad😂 They didn’t grade or count the 50 question test, it was an empathetic lesson we got an A for completing. I, with severe ADHD, had no trouble completing the test😂. My brain acts that way all the time, but I did develop a burned in memory from that test.
@malclaire 11 днів тому
Seems like the neighbors wont say anyrhing if someone took cqre of it.
@ramong2277 19 днів тому
Hahahaha, keep voting those idiots (business friendly) officials into office.
@norejose 6 днів тому
Is illegal to mine in china, but China's government is mining in the states lmao
@tomv5988 3 дні тому
People get away with so much B.S.
@gineasley3517 6 годин тому
This is untenable! It’s like dumping polluted water on your neighbors, for example. It’s a dumping of an unpleasant and unhealthy physical effect! It should be illegal…
@texasalalmoful 7 днів тому
Isn’t this the price of progress though? We’re going to miss it, when it all ends up under concrete
@MrJazzBond 7 днів тому
Make it within a week! Neighbors already suffered for months and they also have made money for months too. You make money but can't pay for builders in a week is a shameless. That's why avoid chinese investors.
@len452000 4 дні тому
I wonder Republican controlled states passed laws allowing Chinese gov backed tech companies to set up shop anywhere in their states without any regulations.
@SooDamGood 2 дні тому
That’s be awful to make up to.
@DesertFernweh 7 днів тому
You telling me some good ole boys can't fix this with some ole sticks of Boom boom.
@alecbaker13 6 днів тому
That’s so messed up bro
@jimwednt1229 6 днів тому
facilities are Chinese
@reco5able 19 днів тому
Bitminer need to be banned for ever
@mattnatwhitt5082 10 днів тому
See, here's the thing: you move out to the country be ready for not having the same regulations as the city.
@ScottWarner86 7 днів тому
They did say they will enclose it. It’s not like they are ignoring completely. Maybe complaints helped but hope that gets resolved soon for them
@doreeneclose 16 днів тому
You think that’s bad. In NC there are no zoning regs where my mom built her little dream retirement home in a residential area. Her neighbor soon after started a port-a-potty business. She now has an endless stream of outhouses coming and going in view of her home, with occasional rank odors. That’s a high price for freedom.
@michaelmontgomery727 7 днів тому
I would think sound dampening or white noise emitters could be used to keep the noise much more tolerable.
@MaldonadoCharles 7 днів тому
The Chinese make so much money off the USA.
@jacobtyler7172 6 днів тому
I hope those American citizens win that lawsuit.
@tannermaple 6 днів тому
The thing is he could have spent money on nicer fans.
@1luckyarmywife461 6 днів тому
That’s crazy.
@lamarshealey3332 9 днів тому
There are better ways to computers quietly 🤷🏾♂️
@hunter.5625 8 днів тому
They can just sound proof the walls
@snowjammma 6 днів тому
of course they use the word Fallout in the title of this video
@justincase441 10 днів тому
It is not okay to do this to people. Do onto others as you want done onto yourself. You cant fo this to people
@gregnulik1975 19 днів тому
They'll just have to build a noise insulation cover on top of the servers.
@lynnwood7205 13 днів тому
Why what they need is to rent out their land for poultry manure disposal.
@DgurlSunshine 19 днів тому
ITS NOISE POLLUTION! CRIMINAL.
@vector2864 9 днів тому
Come on that's pretty funny China using the americans to to mine bitcoin for China 😂
@BooBuKittyPhuk День тому
Go inside
@At_the_Garden 19 днів тому
Arkansas’s government should require all the mining farms close immediately and not start until they meet an inaudible decibel level.
@EdugeBDroN 5 днів тому
Those republicans & business friendly.....counting on money making operations to worry about people's welfare is fool's gold....aint gonna happen...that why we need gov regulations
@KennethFrierson-wt6xt 4 дні тому
Big you are
@thelegend7735 8 днів тому
😢
@HRBJHD 19 днів тому
Bet they’re still gonna vote trump. I’m sure if you talked to them long enough that they’d be telling you the government should get out of their lives!
@DgurlSunshine 19 днів тому
BIDEN & DEMS TOOK BITCON DONATIONS
@matthollins3806 7 днів тому
Yeah that place would not last long if i had just bought a nice property there. it would spontaneously ignite but idk how
@KennethFrierson-wt6xt 4 дні тому
Lol 😂 tell your governor 🤣 she don't care
@circleoflife3806 16 днів тому
Why does CCP need to do bitcoin mining in US when they could do it easily in China? Super computer can increase efficiency for online hacking and spying, especially with added benefit of proximity. Why did American lawmakers allow this on American soil? Looks like another security risk.
@MrWhite2222 17 годин тому
Because bitcoin mining is illegal in China. So they do it in the US... and send the profits to China...
@RadMad789 19 днів тому
This video was reposted, but they still have Bono labeled wrong on the map.
@igorschmidlapp6987 19 днів тому
Isn't he in Ireland? ;-P
@DavidPogue 16 днів тому
Actually, Bono is CORRECTLY labeled on the map! It turns out there are TWO "Bono, Arkansas" towns. The one we visited is an unincorporated municipality near Damascus. I promise--it's correct!
@69pepe420 8 днів тому
no different than so many other business'. ppl just extra mad they dont have any Bitcoin LOL!
@Radocruz 7 днів тому
I'm pretty sure they're mad because of the ludicrous amount of noise. The people living next to that cacophony probably don't even know what shitcoin is.
@joshuaebblestien 9 днів тому
If you’re seeing this I’ll buy your house
@crookedandsteep 9 днів тому
Gladice should use that Go Fund Me money to buy some BTC! 🤑
@rr7firefly 6 днів тому
Bitcoin mining also uses an enormous amount of water to keep the operation cool. Imagine the impact in places where water resources are stretched to the limit. Not a good thing. This is a highly wasteful use of limited resources.
@smkd42066 9 днів тому
Bet china owns that
@WheelerRickTHETIEGUY 19 днів тому
There are so many parts missing to the story. Neither a business wants to be daily involved with citizen/neighbor. and the citizen does not want to be involved with the business.. The fan noise makes no sense with respect to miners. That noise in video was totally something not mining related.
@h.d.h 7 днів тому
Data centers are that loud.
@Innovade 9 днів тому
They got what they voted for.
@TheCryptoMiner 8 днів тому
Ill buy your house.. is it for sale?😊
@RealJohnRedcorn 19 днів тому
Yeah ... lets shut it down for one family 🤣 Credit card companies use 3 times as much energy ! Lets do them first !
@nathanmartin8393 17 днів тому
You know it’s not about the energy use right?
@jojose417 9 днів тому
I’ll say it over and over never live in a red state. Almost guaranteed the people that are suffering are also the same people that vote for the people that set these policies.
@georgemcdaniel4654 19 днів тому
Of course it was and we need China and they need us the people we need. We're all connected. Like it or not.
@DgurlSunshine 19 днів тому
NOPE
@DgurlSunshine 19 днів тому
NO WATER FOR CCP MINING
@MrRsmit113 10 днів тому
sabotage
@Cmsksorbtbfkxlsnwdifhfhfhrjfjd 2 дні тому
So people believe that there is global warming but their perfectly fine with building and using unimaginable levels of electricity to run these Bitcoin mines. I guess greed is king.
@MrWhite2222 17 годин тому
Credit card companies use more power lol. Do some research yourself and not just listen to what NPR tells you to think.
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