New legislation in Arkansas singles out Bitcoin miners introducing targeted state fee

Oluwapelumi Adejumo

The Arkansas Senate has greenlit a resolution introducing legislation to impose fees on crypto miners for excessive energy consumption, Arkansas Times reported on April 15. The proposed legislation introduces a tiered fee structure to the emerging industry. Miners consuming 1 MW to 2.49 MW of energy would face a fee of $25,000. For energy usage […]

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New legislation in Arkansas singles out Bitcoin miners introducing targeted state fee