Good residents of Pitt County, I’m extremely against Metropolis Council making modifications to our land zoning legal guidelines to permit Compute North, who would provide crypto forex mining companies, to function in Pitt County for a lot of good causes.
Crypto forex mining (comparable to bitcoin) consumes a sinful quantity of electrical energy, treasured metals, pc chips, electronics and non- renewable sources (coal, oil and pure fuel). The vitality used contributes to greenhouse gases, thermal air pollution and extra extreme climate.
Crypto forex permits legal actions comparable to ransomware assaults, blackmail and human trafficking, paid in bitcoin. The Colonial pipeline was shut down in 2021 by a ransomware assault, and even the Metropolis of Greenville was hit in 2019. Though some who invested in 2011 grew to become very wealthy, others have misplaced every part.
There may be nothing good about it, besides massive income for GUC, which invited them right here. They’d develop into GUC’s greatest electrical buyer by tenfold. Though GUC will get energy from the Sharon Harris nuclear plant, extra energy wasted right here implies that extra coal, oil and pure fuel should be burned elsewhere.
In line with Enterprise Insider (Sept. 6, 2021), bitcoin mining makes use of .5 p.c of all electrical energy on the planet and 7 occasions greater than Google’s worldwide utilization. It consumes 91 terawatt hours yearly, greater than Finland. It takes about 13 years of a family electrical invoice to make only one bitcoin.
Based mostly on 1 ton of coal burned equals 2500 kilowatt of energy, crypto mining consumed 36,400,000 tons of coal final 12 months.
Compute North, simply present us your energy payments in your three operations for the final 12 months and the environmental scientists can translate that into tons of coal and barrels of oil.
Greenville is best than this! Let Metropolis Council understand how you’re feeling.