Energy Use

Arkansas House adopts crypto mining resolutions

KUAR | By Josie Lenora

The Arkansas House has adopted two resolutions opening the door for new regulations on cryptocurrency mines.

The resolutions don't mean the bills will ultimately pass but they do allow members to discuss them in committee. The House and Senate are currently in a fiscal session. For each chamber to take up a non-budget bill, they must first get a resolution adopted by a two-thirds vote.

Six other resolutions to regulate crypto mines failed on the House floor Wednesday.

The mines have prompted complaints over noise and energy usage in rural Arkansas communities. There have also been their concerns about their alleged ties to overseas organizations and foreign governments.

Arkansas House adopts crypto mining resolutions

Arkansas House

On Wednesday, representatives in the Arkansas House passed two resolutions as they work to regulate crypto mines.