The construction of the mining facility could have stabilized utility bills, but residents’ concerns about noise pollution have halted the project.
According to reports from The Minnesota Star Tribune, Revolve Labs, a colocation service provider (similar to hosting), has withdrawn its proposal for the construction of a Bitcoin mining facility outside the town of Windom, in southwestern Minnesota, in response to concerns expressed by residents about the potential noise impact of the plant.
Jeff St. Onge, senior operations manager at Revolve Labs, stated:
“Our commitment is to operate in a way that aligns with community values and priorities, and we recognize that collaboration is essential to achieving this.”
The project could have brought significant economic benefits to the town. Jason Sykora, superintendent of the local electric utility, had predicted that the facility would have “flattened out our electricity rates for the next three years.” The facility would have generated about $35,000 per month in service fees for the town, a considerable sum for a rural community of about 4,500 residents.
However, residents’ concerns led to the project being halted. The noise produced by the cooling fans of the facility emerged as the main source of apprehension, highlighting similar issues at another Revolve Labs facility in Glencoe, also in Minnesota. Other concerns included potential negative impacts on property values and broader doubts about the social benefits of bitcoin mining.
The Windom case follows a recent case in Norway, where the closure of a Bitcoin mining facility due to noise complaints resulted in a 20% increase in energy bills for residents.