Unapproved Bitcoin Mining Facility Forced To Close Store

cryptoshitcompra.com/wp-content/uploads/2021/09/Instalacion-minera-de-Bitcoin-no-aprobada-obligada-a-cerrar-la.jpg »alt =» Unapproved Bitcoin mining facility forced to close shop 101 ″ class = »content-img» /> Source: Link Global Technologies /

Complaints about noise from residents of a wealthy real estate community in Canada’s Alberta province have led to a months-long investigation that uncovered a Bitcoin (BTC) mining operation that started without approval and must now be shut down.

Vancouver-based Global Connection is the name of the company that established the operation, CBC reported. Alberta Public Utilities Commission has ordered to close two plants until it presents evidence that they are authorized to operate, that is, until they have demonstrated that they have obtained authorization under the Alberta Environmental Protection Act or that the confirmation authorization is not required.

However, Link Global argued that this would cost local labor, as well as make the oil and gas infrastructure in which it operates go idle once again.

investigation that led to the discovery of the mining farm began with complaints from insomniac residents of a small neighborhood less than a kilometer away. se people said they were not consulted prior to the establishment of the facility.

In addition to the neighbors, the county or the Alberta Public Utilities Commission (AUC) were not even notified, so the latter could not have granted approval, nor could they have ensured that the company met the relevant conditions, such as producing energy for the exclusive use of the company and demonstrate that the plant had no negative effects on people or the environment.

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At the time, the plant was operating at full capacity, and works began in August 2020. Link Global had installed four 1.25 MW gas generators at the site, according to the article, drawing power from a gas well. . Calgary-based company Energía MAGA .

In June this year, the company finally admitted that it had failed to notify or consult local stakeholders, saying that it was “not aware of legal and regulatory requirements.”

Alberta has nearly 200,000 idle or abandoned oil and gas wells, often because they are no longer economically viable, and despite environmental concerns raised about Bitcoin mining, Stephen Jenkins, CEO of Link Global, said the operation could provide a environmental benefit as is “. use of underused or unused energy «and» retrofitting and reallocation of existing infrastructure «.

company said that for every 10 MW of power, it can generate around 1.2 BTC per day. But if he can’t find a solution with the AUC, Jenkins said he will move the operation to another site in Alberta, Saskatchewan or BC.

However, the closure order has arrived and the company will also have to pay a fine of CAD 50,000-75,000 ($ 39,600-59,500), reduced by up to 50% because Link Global has admitted to breaking the rules.

company plans to submit documentation to demonstrate that its Kirkwall, Alberta plant meets provincial emissions requirements to keep it running.


Learn more: – See: Spanish police arrest alleged cryptocurrency “farm” of 111 drilling rigs – Employee found Ethereum mining under Seoul Premier Opera

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