Motion to Stop Bitcoin Mining in Washington County Delayed

 

A motion by Washington County, Tennessee on Wednesday that aims at stopping a Bitcoin mining operation was delayed until December 8th at 9 a.m. – the third time the motion has been delayed. In the chancellor’s court Wednesday morning, the county appeared before Chancellor John Rambo and asked for a temporary injunction against BrightRidge to stop the mine from operating, FOX 17 reports.

Investopedia defines bitcoin mining as, “the process of creating new bitcoin by solving puzzles. It consists of computing systems equipped with specialized chips competing to solve mathematical puzzles.” The cryptocurrency is generated using “large mining pools spread across many geographies. Bitcoin miners aggregate mining systems that consume massive amounts of electricity to mine the cryptocurrency.”

In a lawsuit filed on November 15th, Washington County argued the mine is a violation of zoning ordinances that require the property to be used for public utility. Red Dog Technologies operates the mine, which residents complain creates a lot of noise. The property is leased by BrightRidge, a regional electricity distributor, to Red Dog.

Court documents show the restraining order requested by Washington County would prohibit BrightRidge “from any further use of the property in violation of the Zoning Resolution whether directly or indirectly as BrightRidge or through consent and agreement with other entities.”

“BrightRidge exacerbates the problem by refusing to cease operations upon repeated written and verbal requests and referring Washington County to BrightRidge’s business partner, Red Dog Technologies, LLC,” the suit reads. “Washington County has no relationship to this entity or any other business partner of BrightRidge’s and Tennessee law empowers this Honorable Court to enter a valid decree settling the rights between Washington County and BrightRidge.”

BrightRidge argued Red Dog needed to be present before an injunction to stop operations could be issued. The county argued BrightRidge is the owner and is the only necessary party, FOX 17 notes.

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Kaitlin Housler is a reporter at The Tennessee Star and The Star News Network. Email tips to k[email protected]

 

 

 

 

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2 Thoughts to “Motion to Stop Bitcoin Mining in Washington County Delayed”

  1. william r. delzell

    Bitcoin is too volatile to be trusted as a reliable currency. In El Salvador, for instance, the only nation to adopt Bitcoin as its currency, has run into stiff opposition by the masses of El Salvadorians who feel that Bitcoin benefits only a few super-wealthy individuals while putting the average El Salvadorian at risk. Countless protests have rocked El Salvador over this issue. Even violent suppression of these protesters by the El Salvadorian dictatorship has not quieted the unrest.

    1. 83ragtop50

      Willima – One of the few times I agree with you. Bitcoin is even a worse idea than the Federal Reserve.

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