Disclaimer: The opinions expressed in this article are the author’s own and do not necessarily reflect the views of the editorial team at crypto.news.
Residents living near cryptocurrency mines across the United States are experiencing a range of health issues and property damage. Reports of migraines, emergency room visits, vertigo, seizures, loud noises, and decreased property values have been coming from areas near Bitcoin mining facilities in Iowa, Indiana, Nebraska, Texas, and upstate New York.
For example, residents in Granbury, Texas, have raised concerns about the constant noise coming from a local mine. The noise, caused by large cooling fans used to prevent equipment overheating, has been keeping residents awake at night, causing migraines, and disturbing wildlife in the area. These worries in Texas are exacerbated by the state’s vulnerable energy grid, highlighted by the power outages and fatalities during the 2021 deep freeze.
Texas law states that excessive noise levels above 85 decibels are considered unreasonable. Readings taken near the Granbury mine measured 103 decibels, well above the legal limit. Chronic exposure to noise levels above 60 decibels can have negative effects on cardiovascular health. Violating the noise regulations in Texas can result in a $500 fine or injunctive relief for repeated offenses.
Residents in Granbury, who are both supportive of the industry and against excessive regulation, believe that action needs to be taken to address the situation. Their complaints center around potential legal claims related to property rights against cryptocurrency miners.
To address the issue of noise pollution from Bitcoin mines, experts suggest leveraging property rights and nuisance laws. These laws would allow individuals to hold miners accountable for any disruptions caused by their operations. By enforcing property rights and nuisance torts, noise pollution can be mitigated, leading to quieter mining operations and incentives for developing quieter technologies.
By focusing on individual liberty, property rights, and nuisance laws, the crypto industry in the US can advocate for responsible mining practices. Implementing regulations at the local and state levels that protect property rights can ensure a harmonious relationship between homeowners and cryptocurrency miners.
While some propose limiting local officials’ ability to set noise restrictions, others recommend practical solutions such as sound barriers or agreements to shut down operations during grid failures. A property rights-centered approach could effectively address the noise pollution challenges faced by crypto mines, with lawmakers and courts playing a crucial role in implementing these measures.
Kadan Stadelmann, a blockchain developer and Chief Technology Officer at Komodo Platform, emphasizes the importance of advocating for responsible mining practices and finding solutions to noise pollution issues faced by the crypto industry in the US.