A Bitcoin mining firm has launched legal action against Hood County officials to halt an incorporation election. The vote would allow residents near the facility to establish noise control regulations. Early voting concludes Friday, with Election Day scheduled for Tuesday.
Mara Holdings filed a federal lawsuit Monday against multiple Hood County officials. The company seeks a temporary restraining order to stop the Mitchell Bend incorporation vote. Bitcoin mining operations at the site use over 60,000 computers that run continuously.
County officials received a Thursday deadline to respond to the legal challenge. The lawsuit claims the citizen-led petition failed to meet legal requirements. Furthermore, Mara Holdings accuses county officials of working together to support the incorporation effort.
Residents along Mitchell Bend Highway have reported noise issues since last year. The Bitcoin mining facility’s cooling fans generate the disturbance that affects nearby homes. Neighbors south of Granbury say the constant noise disrupts their daily lives.
Incorporation would grant residents authority to create their own regulations. The proposed city status represents their strategy to address the Bitcoin mining noise problem. Community members organized the petition drive to gain local control over noise standards.
Mara Holdings installed soundproofing barriers after complaints began arriving from the community. The company also replaced many older fans with quieter equipment for the Bitcoin mining operation. However, residents maintain that noise levels remain unacceptable despite these modifications.
The Bitcoin mining process requires constant computer operation to earn cryptocurrency. Cooling systems for Bitcoin mining equipment generate the noise that sparked the conflict. The facility’s Bitcoin mining activities continue while the legal dispute unfolds.
The election timeline complicates the legal proceedings because early voting started last week. Bitcoin mining regulations hang in the balance as courts consider the case. Officials now await judicial decisions that could affect both Bitcoin mining operations and community governance rights.
The post Bitcoin Mining Company Files Suit to Remain Operational in Hood County appeared first on CoinCentral.



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more