Nebraska Legislature passes LB 526, Bitcoin mining farms face new requirements and cost pressures

PANews reported on May 15 that according to Beincrypto, the Nebraska State Assembly passed LB 526 with 49 votes to implement light regulation on Bitcoin mines. The bill requires large mining companies to bear the cost of upgrading the power grid, disclose energy consumption data, and authorize the government to interrupt power supply services at its discretion. The bill is now awaiting the signature of Governor Jim Pillen, who has previously expressed support for the crypto industry but did not specifically mention mining. The bill mainly targets grid load issues and does not involve environmental issues such as carbon emissions. Currently, the state's only major mining company is Marathon Digital, which recently completed equipment upgrades at its Kearney County mine. Although the bill does not substantially restrict mining activities, its unanimous passage reflects the Republican-led state legislature's tendency to "limited regulation" of the crypto industry.

The bill, similar to Texas’ previous grid restrictions on mining farms, reflects the conflicting positions of U.S. states on the issue of crypto regulation—even in Republican-governed states, infrastructure pressures may still lead to tighter policies.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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