The Arkansas legislature has rejected a proposed bill that intended to prohibit cryptocurrency mining in close proximity to military installations. The Senate City, County, and Local Affairs Committee of the state denied the measure by a 6-1 vote, thereby halting efforts to impose restrictions on mining operations situated within a 30-mile radius of military sites.
Proposed Ban Addresses Environmental, Security Concerns
The reason for the bill is that having big Bitcoin mining operations near military sites could cause energy problems and raise security issues. The lawmakers who supported the plan pointed to past examples where national security agencies found that foreign-owned mining operations, especially those connected to China, could pose major risks.
The measure raised worries about noise pollution and high energy use, which some critics say could harm local neighborhoods and important services.
The rejected bitcoin mining operation restriction bill. Source: Arkansas Senate
Arkansas Maintains Its Crypto-Friendly Position
Arkansas reaffirmed its relatively favorable p
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Author: Christian Encila
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