Residents in rural Texas are suing their noisy neighbor: a humming bitcoin mining facility [Yahoo! Finance]
MARA Holdings, Inc. (MARA)
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Source: Yahoo! Finance
"Sound measurements around the facility are below legal limits," the facility's operator countered. Residents of Hood County in northern Texas have filed a lawsuit against a local bitcoin mining facility, alleging its " intolerably loud " noises and physical vibrations have caused mental and physical health problems. The crypto mine in question — located in Granbury, Texas — is operated by Marathon Digital Holdings, according to the suit, though construction began in 2022 and Marathon took over the lease in January 2024. Industrial cooling fans generate a near-constant hum, according to the suit — and residents want a permanent injunction, saying it causes them to "suffer day in and day out." They're being represented by environmental law nonprofit Earthjustice One impacted resident, Cheryl Shadden, has difficulty sleeping and has experienced hearing loss, vertigo, and tinnitus, according to the suit. Shadden's dogs and horses have also displayed signs of stress, and her
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MARA
News
- Bitcoin's ecosystem expands with innovative layer 2 applications [Yahoo! Finance]Yahoo! Finance
- SEC Chair Gary Gensler announces plans to step down in January [Yahoo! Finance]Yahoo! Finance
- MARA Holdings, Inc. (NASDAQ: MARA) was downgraded by analysts at Compass Point from a "buy" rating to a "neutral" rating. They now have a $25.00 price target on the stock, up previously from $21.00.MarketBeat
- MARA Holdings, Inc. Completes $1 Billion Offering of 0% Convertible Senior Notes due 2030GlobeNewswire
- MARA Holdings, Inc. Announces Pricing of Oversubscribed and Upsized Offering of Zero-Coupon Convertible Senior Notes due 2030GlobeNewswire
MARA
Earnings
- 11/12/24 - Miss
MARA
Sec Filings
- 11/21/24 - Form 8-K
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- MARA's page on the SEC website