Nebraska votes unanimously to restrict bitcoin mining

The Legislative Council in the state of Nebraska unanimously passed a draft law that restricts a little bitcoin mining. It does not impose any dangerous limits, but it offers new requirements, disabled, and costs of mining companies.

The bill is not a large setback, but the unanimous vote is still noticeable. Marathon is the only mining company that has important operations in the state, and its reaction to these insightful events may prove.

Nebraska to restrict bitcoin mining

The organization of encryption is swept throughout America, because President Trump made it a hot issue for both the state and the federal level. In general, the Republican Party is more supportive of a quarter, but it is also full of internal contradictions.

A wonderful example of this is in Nebraska, where the Legislative Council of the Republican Party voted the majority of 2/3 unanimously to restrict bitcoin mining today:

“The legislative regulations in Nebraska have passed a bill to regulate bitcoin miners. LB 526 requires adult miners to cover the cost of infrastructure promotions, requires mining workers to report energy use, and allows authorities to boycott the service. Claim.

LB 526Bitcoin mining an bill in Nebraska, not a large relapse for companies in the state. It is slightly more than two pages, two, and a direct.

Unlike mining bills, it does not address carbon emissions or other environmental effects. Instead, it is It is almost completely focused on the electrical network.

Over the past few years, the mining operations in Texas have been blamed in Brunot and power outages. These companies use huge amounts of electricity, which can strive the network during the summer heat wave. The Republican Legislative Council in Texas approved the laws of cruelty that restrict mining, and Nebraska may take the same approach.

Specifically, Nebraska maintains the right to boycott mining operations at its discretion, which may address the heat wave problem.

It also requires mining companies to pay in exchange for infrastructure promotions if their work is straining the current network. Finally, the number of mining operations and the amount of electricity they consume will be reported.

Now that the state legislative council approved the draft law unanimously, it only requires the ruler’s signing to become a law. The governor of Nebraska Jim Bellin described Crypto as “an important and emerging industry”, but he did not comment specifically on mining. Currently, it seems likely to be signed in the end.

To date, Marathon is the only bitcoin mining company with important Nebraska operations. Earlier this year, it is promotion The devices are located in Kirney, a province of 6,600 people. Bitcoin mining in the United States has become less profitable, and the debt marathon takes to buy BTC from other sources.

In other words, a marathon reaction to the insightful bill can prove. Even if LB 526 becomes law, it does not actually restrict bitcoin mining in Nebraska much.

However, this development indicates that the local government is very ready to impose light restrictions. This alone makes the incident worthy of observation.