WHY WE FIGHT
“Proof-of-work” crypto transaction processing is the most PURPOSEFULLY wasteful industry ever created.
It’s an extremely redundant, energy & WATER-intensive operation that uses enough resources to power a mid-sized country like Belgium or Greece.
In addition to the obscene squandering of resources, this industry is also terrible for the health & wellbeing of residents living near bitcoin “mining” facilities.
What IS “Proof-of-Work” Bitcoin “Mining”?
The crypto crowd would have you believe it’s a sophisticated computer algorithms furiously computing complex mathematical equations in order to unlock the next block. A simpler, and more honest, explanation is that it’s really just massive warehouses of specifically designed computers that do nothing but guess and throw away trillions of numbers per second. Somewhere in the world, roughly every ten minutes, one of those computers guesses a lucky lottery number, thereby “verifying” a batch of transactions. They are then rewarded with a portion of bitcoin.
“I have sleep disturbances, it upsets my livestock, I’m nauseated”
Cheryl Shadden, Texas
“It’s gonna be hard to sell a home. I’ve only been here three years. What the hell did I walk into?”
Tim Harris, Texas
“I really don’t know how much the town and county is benefiting at this point,” Taylor said. “But my concern is when they do finally go belly up, or we shut them down, the community is going to be left with the cleanup.”
Yvonne Taylor
CONNECTING COMMUNITIES
The “proof-of-work” bitcoin “mining” industry preys on vulnerable, mostly rural communities. They go to economically depressed areas and promise jobs and social benefit. They make wild, unsubstantiated claims about what they can bring to the area. In reality, they often take more than they give. Study after study shows these facilities are a massive burden to local businesses and residents. Their extraordinary demand for energy dramatically increases everyone’s bills.
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Protecting the Future from "proof-of-work" Bitcoin "mining"