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Locals skeptical In Cryto

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#1
One of the men at Lee’s, Royce Hudson, 73, said he got out of the Marines in November 1967, returning to central Texas and a job at the Alcoa smelter. He worked there for the next four decades, becoming a furnace operator, until he retired in 2008 when the facility closed, he said.
These days, he laments the fate of the local community, where the next generation is finding jobs harder to come by, and many people endure long commutes to work in Austin, Round Rock, Temple and Bryan-College Station.
Hudson says he’s happy that Bitmain is investing in the community, though he admits to knowing very little about what they do: “People are a little skeptical, because nobody really understands how it works,” he says, declining to have his coffee refilled. “We’re just not technically advanced enough.”
One of his former colleagues from the plant remarked that he couldn’t understand why there was nothing shipping out of the new plant, in the way that aluminum ingots used to issue forth from the old smelter.
The reality is that bitcoin mines represent a new type of industrial facility, with a glaring absence of heavy machinery and spewing little to no pollution, aside from the sizable emissions from the associated power generation. The output — the mined bitcoin — is delivered virtually, and almost instantaneously...
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