Montana State Senate Passes New Bill for Crypto Miners

Montana State Senate Passes New Bill for Crypto Miners

full version at coinedition
  • The Montana State Senate passed a new bill to protect crypto miners.
  • The bill would safeguard crypto miners from the discrimination miners are facing. 
  • The Legislation would support at-home mining and would prohibit discriminatory electric charges.

The western state of the United States, Montana passed a bill on Thursday under the auspice of the State Senate, with the intention to protect crypto miners from a set of possible risks, including acts of discrimination.

According to the new bill, the crypto miners would be bestowed with a “right to mine digital assets”. In addition, the bill would prohibit “discriminatory” electricity rates charged on crypto miners, along with protecting home mining.

In addition, the legislation also intends at restricting the local government’s power to restrict at-home mining or to use zoning laws to close active operations of crypt mining.

Notably, the bill would probably upend the Missoula County zoning ordinance passed in 2020, which necessitated all the bitcoin miners to buy or build renewable energy assets equivalent to their consumption of energy. However, the representatives of Missoula county were relucta…

The post Montana State Senate Passes New Bill for Crypto Miners appeared first on Coin Edition.

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