Nashville-Davidson

Motion to Stop Bitcoin Mining in Washington County Delayed – Nashville-Davidson, Tennessee

Nashville-Davidson, Tennessee 2021-11-26 01:06:03 –

A motion by Washington County, Tennessee to suspend Bitcoin mining operations on Wednesday was postponed until 9 am on December 8. This is the postponement of the third motion. On Wednesday morning, in the Prime Minister’s court, the county appeared in front of Prime Minister John Rambo and sought a temporary injunction against Brightridge to shut down the mine. FOX 17 Report..

Investopedia Define Bitcoin mining is “the process of creating a new Bitcoin by solving a puzzle. It consists of a computing system with special chips competing to solve a mathematical puzzle.” “It is generated using a large mining pool that spans many regions. Bitcoin miners aggregate mining systems that consume large amounts of power to mine cryptocurrencies.”

In a lawsuit filed on November 15, Washington County alleged that the mine violated the Zoning Ordinance requiring it to be used for utilities. Red Dog Technologies operates a mine and residents complain that it is making a lot of noise. The property is rented to Red Dog by the local power distribution company Bright Ridge.

court document A restraint order requested by Washington County prohibits Bright Ridge from using the property further in violation of the zoning resolution, either directly or indirectly as Bright Ridge, or through consent and agreement with other entities. Indicates.

“Bright Ridge has exacerbated the problem by refusing to suspend operations in response to repeated written and verbal requests and introducing Washington County to Bright Ridge’s business partners Red Dog Technologies, LLC. “The lawsuit states. “Washington County has nothing to do with this entity or any other business partner of Brightridge and Tennessee law. This prestigious court is a valid statute that resolves the rights between Washington County and Brightridge. You are authorized to conclude. “

BrightRidge argued that RedDog must be present before an injunction to stop the operation is issued. The county claimed that Bright Ridge was the owner and the only necessary party. FOX 17 Note.

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Kaitlin Housler Tennessee Star When Star News Network..Email tips [email protected]

Motion to Stop Bitcoin Mining in Washington County Delayed Source link Motion to Stop Bitcoin Mining in Washington County Delayed

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