NYT Bitcoin mining article criticized for exaggeration and bias

The once-denied journalist was called out for one-sided articles about Bitcoin. His latest anti-crypto tirade is about noise pollution from a bitcoin mining farm in Arkansas.

On February 3, New York Times investigative reporter Gabriel Dance published a piece. The article focused on residents' complaints about noise generated by computers.

Selected report condemned.

However, the Bitcoin-bashing article was criticized by environmentalist and venture investor Daniel Batten as being one-sided.

“Every piece he writes about Bitcoin is a one-sided piece with no real investigation.”

According to Dance, noise generated by cooling fans on mining computers has drawn complaints from residents.

“People are devastated, property values ​​are reduced, and wildlife is displaced.

Bitcoin mining operations in Arkansas are expanding rapidly. There are three sites owned by a network of companies that have been in conflict with local residents.

In the year In April 2022, Arkansas passed a “Right to Mine” law protecting Bitcoin miners from noise laws and zoning restrictions.

But the law has sparked backlash, with some Republican lawmakers now looking to ban industrial mining statewide, the report said.

However, the writer was accused of using it

“Emotionally misleading language that is not supported by facts or exaggerated to the extreme.”

Read more: Is Crypto Mining Profitable in 2024?

Batten, a lawyer for Green Energy Mining, added:

Is it your confirmation bias or your New Times paycheck that has blinded you to the countless ways the world knows Bitcoin will support the environment by 2023?

It has also been observed that selected reports confirm the public's bias towards negative news. This ensures high engagement and consequently high revenue for media outlets like the NYT.

It also goes to some lengths to explain why the mainstream media publishes more Bitcoin FUD than positives. There is also the suggestion that some media outlets are backed by big Wall Street players who see Bitcoin as a threat. Unsurprisingly, these include the New York Times and the Wall Street Journal.

Anti-Bitcoin mining agenda

In the year On February 3rd, crypto podcaster “Walker” did some digging in the NYT reporters revealing banking connections:

“I can't believe the NYT is hiring bankers to write their Bitcoin FUD op-eds…”

In the year On February 1, it was reported that the US Energy Information Administration (EIA) would regulate the energy use of crypto miners amid environmental concerns.

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However, it is widely reported that Bitcoin mining is going green. In late January, a UN study on Bitcoin mining was scrutinized for relying on outdated sources and selective bias.

Additionally, the European Union is on its way to restricting or banning Bitcoin mining due to misguided assumptions about environmental impact. The European Commission is supported by the main central banks, which explains the anti-Bitcoin report and the proposed action.