Crypto Mining Proposal Withdrawn After Strong Public Opposition in Minnesota
Revolve Labs withdrew its proposal to establish a crypto-mining facility in Windom, Minnesota, on September 26, following opposition from local residents.
According to a report by The Minnesota Star Tribune, the decision was made after a public hearing where community members voiced concerns over the noise generated by crypto-mining operations.
Opposition Against Mining Facility in Minnesota
Local residents were concerned about the noise pollution and potential impact on property values. The company cited its commitment to aligning with community values as a reason for pulling the application.
âOur commitment is to operate in a way that aligns with community values and priorities, and we recognize that collaboration is essential to achieving this,â said Revolve Labs senior operations manager Jeff St. Onge.
The company had initially proposed the facility near Cottonwood Lake, expecting to generate $35,000 monthly in service fees for the city of Windom. The project was expected to bring economic benefits to the area but faced significant pushback from residents.
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