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A vote on a Senate Commerce Committee bill aimed at deregulating crypto mining in New Hampshire was split on Thursday, after senators reported that public feedback on the bill had surged since it was last debated.
After being deadlocked twice, once on advancing the bill and again on rejecting it, the committee ultimately voted 4–2 to send the measure for further review in an interim study, as first <a href="https://newhampshirebulletin.com/2025/10/31/committee-recommends-more-study-for-crypto-deregulation-bill/" rel="noopener noreferrer nofollow" target="_blank">reported</a> by the New Hampshire Bulletin.
<a href="https://gc.nh.gov/bill_status/legacy/bs2016/billText.aspx?sy=2025&amp;id=722&amp;txtFormat=html" rel="noopener noreferrer nofollow" target="_blank">House Bill 639</a> would prevent municipalities from creating restrictions on crypto mining, such as rules around electricity use or noise, as well as prohibit state and local authorities from levying taxes unique to digital assets.
The bill, if approved, would also affirm the right of individuals and businesses to mine cryptocurrencies, and calls for creating a dedicated blockchain docket within the state’s superior court, where crypto-related disputes would be handled by a governor-appointed judge.
During the bill’s first vote in May, senators <a href="https://newhampshirebulletin.com/2025/05/15/new-hampshire-senate-halts-cryptocurrency-deregulation-bill-hoping-to-return-to-it-next-year/" rel="noopener noreferrer nofollow" target="_blank">returned</a> the measure to committee to fine-tune its language and rally more backing. The bill is sponsored by Republican Representative Keith Ammon and is expected to come before the full Senate in 2026.
On Thursday, Senator Tara Reardon of Concord told the New Hampshire Bulletin that the proposal had generated the most emails she had ever received for a single bill.
Related: <a href="https://cointelegraph.com/news/crypto-miners-may-rush-buy-rigs-trump-tariff-pause" rel="noopener noreferrer nofollow" target="_self">US crypto miners may rush to buy rigs in tariff pause despite ‘clear disadvantage’</a>
<h2 id="crypto-mining-in-the-us">Crypto mining in the US</h2>
Crypto mining uses <a href="https://cointelegraph.com/learn/articles/what-are-the-different-ways-to-mine-cryptocurrency" rel="noopener noreferrer nofollow" target="_self">computing power to verify transactions </a>and secure proof-of-work blockchains like Bitcoin, rewarding miners with newly created coins in the process.
While it has been criticized for its <a href="https://cointelegraph.com/news/bitcoin-mining-bans-consequences-worldwide-emissions-carbon-footprint" rel="noopener noreferrer nofollow" target="_self">high energy consumption</a> and environmental impact, the industry has made substantial progress since the early days.
A new report from the MiCA Crypto Alliance and data firm Nodiens found that coal’s share in Bitcoin mining has fallen from 63% in 2011 to 20% in 2024. Over the same period, the <a href="https://cointelegraph.com/news/bitcoin-mining-renewables-rise-coal-decline-2030" rel="noopener noreferrer nofollow">use of renewable energy</a> in mining has grown steadily, rising by an average of 5.8% annually.
Still, some US states are attempting to offset energy consumption through state taxes. On Oct. 2, New York State Senator Liz Krueger <a href="https://cointelegraph.com/news/new-york-senator-introduces-crypto-mining-tax" rel="noopener noreferrer nofollow">introduced a bill to impose a tiered excise tax</a> on energy used by crypto mining operations.&nbsp;
The measure would exempt miners consuming up to 2.25 million kilowatt-hours (kWh) annually, while those using between 2.26 million and 5 million kWh would face a 2-cent tax per kWh.
Magazine: <a href="https://cointelegraph.com/magazine/7-reasons-bitcoin-mining-terrible-business-idea-bit-digital/" rel="noopener noreferrer nofollow" target="_self">7 reasons why Bitcoin mining is a terrible business idea</a>

New Hampshire Senate stalls crypto mining deregulation bill after split vote

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