B.C. bitcoin mine plans to transform into AI data centre, regional district says it is already thwarting bylaw
4h 42m ago by lemmy.ca/u/LimpRimble in britishcolumbia@lemmy.ca from www.cbc.ca
"They aren't the best neighbours," said Grace McGregor, a director with the Regional District of Kootenay Boundary, representing the small municipality of Christina Lake, about DMG Blockchain Solutions.
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"Frankly, we try to talk to them. They don't want to talk ...They don't answer us," said McGregor.
Well the municipality should revoke the license and then turn off the water/power if they don't cease operation.
To be honest it would be a far less terrible use of power than blowing it on hash cycles for bitcoin.
Not really.
Mining setups are all air-cooled, no raised floor, no hot/cold aisle, etc. And you know the owners just want to turn a buck, so they won't put those things in.
We'll end up with yet another shit data centre with terrible uptime (power availability is not great in kootenays/boundary area), and this will draw way more power than necessary form our already taxed and expensive grid.
Bitcoin mining by nature does not produce anything of value.. It literally is the most in efficient way to process transactions by design to try and avoid anyone from taking over the the whole chain. Due to built in scarcity mechanism it doesn't even really produce new bitcoins with much frequency anymore
At least AI has "some" practical use