The newly implemented "Right to Mine" law in Arkansas is under scrutiny. This law limits local governments' control over crypto mines, stirring public outcry, according to katv. Crypto mines have emerged throughout the state, leveraging this legislation. Locals, however, express ...
The newly implemented "Right to Mine" law in Arkansas is under scrutiny. This law limits local governments' control over crypto mines, stirring public outcry, according to katv.
Crypto mines have emerged throughout the state, leveraging this legislation. Locals, however, express concerns regarding noise, power usage, and the links between mining companies like Green Digital LLC and the Chinese Communist Party.
Arkansas Senator Bryan King is pushing back, having drafted a repeal bill. He argues that crypto mines pose a threat to energy stability, potentially causing blackouts.
Meanwhile, the law's sponsor, Senator Joshua Bryant, defends the legislation. He sees it as a protection for crypto miners' property rights and their investments. According to Bryant, local governments can still regulate crypto mining, similar to any other data center.
Nonetheless, local government officials and citizens argue the law hampers their ability to regulate crypto mines, particularly near residential areas. They insist on amendments to clarify or alter the law.
With the "Right to Mine" law set to take effect on August 1, the controversy is reaching a peak. Currently, approximately ten crypto mines operate in Arkansas.
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