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BTCC / Hashtag / arkansas crypto mining law
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Is cryptocurrency mining a problem in Arkansas?

House Bill 1799 passed through the Arkansas legislature swiftly and became Act 851. Now, legislators on both sides of the aisle are raising concerns about the impact of cryptocurrency mining in Arkansas.

Why did Arkansas lawmakers approve new cryptocurrency mining restrictions?

LITTLE ROCK, Ark. (AP) — Arkansas lawmakers on Wednesday gave final approval to new restrictions on cryptocurrency mining operations after facing backlash for limiting local governments’ ability to regulate them last year.

How many crypto mining sites have opened in Arkansas?

Ten crypto mining sites had opened within the past eighteen months before the local legislature passed the crypto-friendly law in April 2023. The local crypto community welcomed the legislation, labeled as the Arkansas Data Center Act or Act 851, as it provided cryptocurrency mining businesses the same rights as data centers.

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