TLDR Mara Holdings filed a federal lawsuit Monday against Hood County officials to stop an incorporation election. The Bitcoin mining facility operates over 60,000 computers that run continuously near Mitchell Bend Highway. Residents have complained about noise from cooling fans at the Bitcoin mining site since last year. The incorporation vote would allow residents to [...] The post Bitcoin Mining Company Files Suit to Remain Operational in Hood County appeared first on CoinCentral.TLDR Mara Holdings filed a federal lawsuit Monday against Hood County officials to stop an incorporation election. The Bitcoin mining facility operates over 60,000 computers that run continuously near Mitchell Bend Highway. Residents have complained about noise from cooling fans at the Bitcoin mining site since last year. The incorporation vote would allow residents to [...] The post Bitcoin Mining Company Files Suit to Remain Operational in Hood County appeared first on CoinCentral.

Bitcoin Mining Company Files Suit to Remain Operational in Hood County

TLDR

  • Mara Holdings filed a federal lawsuit Monday against Hood County officials to stop an incorporation election.
  • The Bitcoin mining facility operates over 60,000 computers that run continuously near Mitchell Bend Highway.
  • Residents have complained about noise from cooling fans at the Bitcoin mining site since last year.
  • The incorporation vote would allow residents to create their own noise control regulations.
  • County officials received a Thursday deadline to respond to the legal challenge from Mara Holdings.

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 Challenges Mitchell Bend Incorporation Vote

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.

Bitcoin Mining Firm Implements Noise Reduction Measures

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.

Market Opportunity
LETSTOP Logo
LETSTOP Price(STOP)
$0.01498
$0.01498$0.01498
-2.28%
USD
LETSTOP (STOP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

South Korea Launches Innovative Stablecoin Initiative

South Korea Launches Innovative Stablecoin Initiative

The post South Korea Launches Innovative Stablecoin Initiative appeared on BitcoinEthereumNews.com. South Korea has witnessed a pivotal development in its cryptocurrency landscape with BDACS introducing the nation’s first won-backed stablecoin, KRW1, built on the Avalanche network. This stablecoin is anchored by won assets stored at Woori Bank in a 1:1 ratio, ensuring high security. Continue Reading:South Korea Launches Innovative Stablecoin Initiative Source: https://en.bitcoinhaber.net/south-korea-launches-innovative-stablecoin-initiative
Share
BitcoinEthereumNews2025/09/18 17:54
Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

The post Hong Kong Backs Commercial Bank Tokenized Deposits in 2025 appeared on BitcoinEthereumNews.com. HKMA to support tokenized deposits and regular issuance of digital bonds. SFC drafting licensing framework for trading, custody, and stablecoin issuers. New rules will cover stablecoin issuers, digital asset trading, and custody services. Hong Kong is stepping up its digital finance ambitions with a policy blueprint that places tokenization at the core of banking innovation.  In the 2025 Policy Address, Chief Executive John Lee outlined measures that will see the Hong Kong Monetary Authority (HKMA) encourage commercial banks to roll out tokenized deposits and expand the city’s live tokenized-asset transactions. Hong Kong’s Project Ensemble to Drive Tokenized Deposits Lee confirmed that the HKMA will “continue to take forward Project Ensemble, including encouraging commercial banks to introduce tokenised deposits, and promoting live transactions of tokenised assets, such as the settlement of tokenised money market funds with tokenised deposits.” The initiative aims to embed tokenized deposits, bank liabilities represented as blockchain-based tokens, into mainstream financial operations. These deposits could facilitate the settlement of money-market funds and other financial instruments more quickly and efficiently. To ensure a controlled rollout, the HKMA will utilize its regulatory sandbox to enable banks to test tokenized products while enhancing risk management. Tokenized Bonds to Become a Regular Feature Beyond deposits, the government intends to make tokenized bond issuance a permanent element of Hong Kong’s financial markets. After successful pilots, including green bonds, the HKMA will help regularize the issuance process to build deep and liquid markets for digital bonds accessible to both local and international investors. Related: Beijing Blocks State-Owned Firms From Stablecoin Businesses in Hong Kong Hong Kong’s Global Financial Role The policy address also set out a comprehensive regulatory framework for digital assets. Hong Kong is implementing a regime for stablecoin issuers and drafting licensing rules for digital asset trading and custody services. The Securities…
Share
BitcoinEthereumNews2025/09/18 07:10
Jerome Powell & A Hard Money Moment

Jerome Powell & A Hard Money Moment

With Trump teeing up a personally controlled Federal Reserve, hard money seems like an easy bet, but Bitcoin and gold aren't behaving the same.
Share
Coinstats2026/01/15 06:30