Access Restricted for EU Residents
You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
Thursday Nov 6 2025 02:40
2 min
Residents living in a small area of Hood County, Texas, were unsuccessful in their attempt to form a new municipality in order to regulate the excessive noise emanating from a nearby Bitcoin mining facility. According to a report published by The Texas Tribune, only 38% of the 138 voters supported the proposal to create "Mitchell Bend," a proposed municipality encompassing a two-square-mile community of approximately 600 individuals.
For nearly three years, local residents have voiced concerns regarding the disruption caused by MARA's 60,000 Bitcoin miners. The loud noise generated by these machines, essential for securing Bitcoin's $2 trillion network, has reportedly led to sleepless nights, headaches, and hearing problems for residents, with some even relocating. MARA has taken steps to mitigate the noise, including extending a 24-foot wall and converting two-thirds of its cooling fans to a liquid cooling system.
Despite these efforts, residents maintain that the noise remains a significant issue, prompting the consideration of incorporating Mitchell Bend. This new municipality would represent a small fraction of the nearly 70,000 residents residing in Hood County.
MARA initially filed a lawsuit in late October in an attempt to prevent the vote, arguing that the incorporation of Mitchell Bend would negatively impact its operations and potentially result in burdensome taxation. Although the request was denied, a MARA spokesperson conveyed satisfaction with the outcome, stating, "We’re pleased that Hood County voters saw through the sham incorporation effort and rejected it at the ballot box."
Danny Lakey, a Hood County resident, expressed disappointment but affirmed the residents' commitment to pursuing alternative solutions. "Although we took a loss here, we are going to move forward and we will continue to do what we can to not let industry take over Hood County."
Residents had previously taken legal action against MARA and its site manager, David Fischer, regarding noise violations; however, these actions were unsuccessful. In Arkansas, the Vilonia planning commission unanimously rejected a proposal to establish a crypto mining facility, following strong opposition from residents in April.
Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.
Latest
View all
Thursday, 23 July 2026
6 min
Thursday, 23 July 2026
3 min
Thursday, 23 July 2026
4 min
Thursday, 23 July 2026
Indices
Gold Price Today, July 24: Gold Slips to $4,043 as Dollar and Yields Rise
Thursday, 23 July 2026
Indices
South Korea Tightens Rules on Single-Stock Leveraged ETFs, Raises Cash Requirement to KRW 30 Million from July 31
Thursday, 23 July 2026
Indices
Intel Q2 Revenue Jumps 25% on AI Demand, Beats Estimates as Strong Q3 Outlook Lifts Shares
Thursday, 23 July 2026
Indices
Crypto Prices Today July 24: Bitcoin Steadies Near $65K as ETF Demand Counters Geopolitical Uncertainty
Thursday, 23 July 2026
Indices
Oil Price News Today: Brent Slips Below $100 as Traders Weigh US-Iran Tensions
Thursday, 23 July 2026
Indices
US Treasury Says Yen Is Deeply Undervalued, Urges Bank of Japan to Continue Rate Hikes
EN
