Mining News

The lawmakers in Nebraska agree to the boundaries of the coding mining in the final reading

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  • Labraska lawmakers have passed by LB 526, and they require large -scale miners covering infrastructure costs, reporting energy use, and acceptance of service interruption.
  • The draft law targets operations using 1 megawatts or more of the authority and gives public facilities a broad authority to manage the effect of the network, pending the ruler’s decision.
  • Nebraska joins an increasing number of countries that tighten supervision, as others such as Arizona and Kentucky are the legal protection of miners and encryption holders.

Nebraska’s encryption workers may soon face new regulations after the state lawmakers unanimously acknowledged a draft law designed to hold massive operations accountable for its impact on energy infrastructure in the state.

LB 526any Clear her final reading On Tuesday, with 49-0 vote, he is now heading to the office of Governor Jim Bellin for approval. If a year, the law will be valid on October 1 of this year.

It was presented by Senator Mike Jacobson (R-NB) in January, and the legislation aims to consume megawat or more electricity. This threshold seeks to capture all primary commercial mining operations instead of small hobbies.

If it is signed in the law, the draft law will require these miners to pay in exchange for the infrastructure promotions required by their operations, reporting their annual energy use publicly, and agree to stop their electricity service within periods of network stress.

The proposed law gives suppliers of the public authority, including municipal facilities and public authority areas, the authority to conduct pregnancy studies before imposing these requirements.

The suppliers must ensure that the measures are fair and unconscious, but the language gives them a wide discretionary authority to manage the increasing energy requirements associated with it. Exaggeration of encryption.

Divide the encryption mining

LB 526 comes as countries throughout the United States take different approaches to regulating encryption mining.

President Donald Trump, during his 2024 campaign, Call As for the rest of the fixed supply in Bitcoin, it is extracted within the American border, describing it as a key to achieving “energy dominance” and protection from the rise of the digital currency of the Central Bank.

Only last month, Arizona age HB 2342, which protects mine workers at home and Blockchain operators from the restrictions of division of local areas, announcing these activities on the state level.

Meanwhile, Kentucky Law In March, users officially protect users who respect themselves and confirm that mining and tricks do not consider securities.

The next step in the legislative process in Nebraska is its executive review. The governor has five legislative days, with the exception of Sunday days, to sign the draft law or its veto.

If no action is taken, the draft law will be legally automatically without signing it. As of now, the ruler’s office has not commented on LB 526. It was not immediately responded Decoder Request to comment.

Edit Sebastian Senkler

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