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Money Mining without permission: Secretly built Bitcoin plants in Canada must be sealed

06:15  15 september  2021
06:15  15 september  2021 Source:   finanzen.net

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In Canadian Alberta, a company has used the favorable energy of unsaved gas sources for the mining of Bitcoin. However, due to noise problems of residents, a bar has been advanced.

YASUYOSHI CHIBA/AFP/Getty Images © Provided by finanzen.net Yasuyoshi Chiba / AFP / Getty Images

• Noise pollution by bitcoin-mining in Canada

• Authority closes illegal mining systems

• CEO confesses an

cheaper electricity for the Krypto business

in the Canadian province Alberta has decided the competent authority that two illegal gas power plants, which were used for BitCoin -Mining, must be taken out of service, as heise.de reports. The Aktiengesellschaft Link Global Technologies had two of the many dismissed gas sources, whose classic operation has no longer been rented, was rented by Maga Energy and installed on-site small power plants and containers with bitcoin mining hardware. Such gas sources, of which there are tens of thousands in the region, are a popular source of favorable energy for Bitcoin miners. - bitcoin action with plus 500 - that's how it works. 72% of private investor accounts lose money if you are using this provider CFDS . You should carefully check if you can afford to take the high risk of losing your money. - The company operates the mining since summer 2020 around the clock - which means that the generators are in use day and night. And making the chagrin of residents a pile of noise. In fact, in Sturgeon near a Nobel resident, whose inhabitants the rest and silence of their settlement is particularly important to appreciate. Through the generators and ventilation systems of the mining plant they found at once exposed to a major noise pollution. One of the residents described the effects of the CBC, the English-speaking public broadcasting radio Canada, as follows: "It is almost like warming up an airplane engine on the runway".

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Authority speaks sales ban from

against the link Global, which had not endeavored neither for authorizations nor certificates, the competent authority first spoke a provisional and finally a final operational ban. As heise.de explains, in Alberta generators, under 10 megawatts on their own useful needs are operated free of approval, but only under the condition that they do not affect no one, noise protection regulations and have no negative impact on the environment. However, the generators of Link Global exceed the permissible volume at night, represent the neighbors a great annoyance and burn natural gas, which causes CO2 emissions and thus damages the environment.

CEO clears the company's mistake an

of the CEO of the link Global, Stephen Jenkins, compared to the CBC position and acquainted itself to his own misconduct: "It's my mistake". Also with regard to noise pollution Jenkins confessed: "I take full responsibility. We did not involve the neighbors". The company's compromise proposal to operate only during the day Bitcoin mining was rejected by the authority. The arguments of the CEO concerning the benefits for the environment resulting from the mining could not be tapped the officials. Jenkins had stated that some broke gas sources escaped methane, a very potent greenhouse gas. Since the link Globally only charged gas sources use and no new drills, the methane load can be avoided.

thomas weschle / editorial finance.net

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