ChainCatcher news, Bitcoin mining facility provider Revolve Labs recently announced the withdrawal of its application to build a Bitcoin mining site in the outskirts of Windom, Minnesota. This decision stems from local residents' concerns about noise pollution and its impact on property values.The project was originally expected to bring in $35,000 per month in service fee revenue for the town and was anticipated to stabilize electricity costs over the next three years. However, despite Revolve Labs' assurances that it could control potential noise pollution, residents' concerns remain unresolved.

ChainCatcher news, Tether CEO Paolo Ardoino stated at Paris Blockchain Week that Tether has set up a factory in Latin America and will enter the Bitcoin mining sector. We are initially focused on building renewable energy stations, and the $500 million investment in this industry is nearing completion. This capital investment has funded the construction of mining facilities and energy stations in Uruguay, Paraguay, and El Salvador.