Why is crypto mining loud?
Digging for digital gold makes noise for several reasons.
Row after row of industrial-grade fans are typically used to prevent mining computers, known as application-specific integrated circuits, or ASICs, from overheating, which can create an enormous din. Crypto mining often also consists of rows of smaller mobile containers in the open air, in contrast to the US’s other major construction boom of tech infrastructure: artificial intelligence (AI) data centers, which are housed in closed structures.
Mary Willis, an assistant professor of epidemiology at Boston University, has spotted a pattern when it comes to the location of mines. Underwritten by bigger budgets, AI data centers are built on large plots of remote land. Miners, on the other hand, flock to the cheapest power and easy grid access, which often means old factory towns.
Miners are increasingly building next to aging power stations – they call such projects co-locations – and striking deals with energy companies to bring underused plants back to life. Mara’s Granbury mine is co-located with two gas power stations, both owned by Constellation Energy, which has fought locals over the past year to build a third plant. $BTC $ETH #FOMCMeeting #StrategicBTCReserve #MarketPullback