Today, in New Hampshire, state senators meet to vote for a bill that bans regulating crypto mining. Proposed by Representative Keith Ammon, Bill 639 is designed to protect individuals who can do cryptocurrency mining from their homes.
New Hampshire and bills banning regulations on crypto mining
The state of the United States New Hampshire, The senator is about to vote for a bill that bans restrictions on cryptocurrency mining.
According to what was reported, the proposal was submitted by a representative Keith Ammon, Republicans from New Boston I want to give confidence to the crypto sector.
In fact, this bill “HB 639” would ban state agencies and local authorities from regulating cryptocurrency mining. Not only that, but the goal is Protect individuals who can do cryptocurrency mining at home.
By doing so, state agencies and local officials will be able to Could notfor example, Sets the sound limit In cryptocurrency mining, even when miners must comply with other healthy ordinances. moreover, They couldn’t claim Cryptocurrency miners Additional costs of excessive impact on the power grid. Not only that, They couldn’t prevent people from using cryptocurrency to buy and sell items.
In this regard, at a recent Senate hearing, Ammon The following was stated:
“The advantage of predicting that we are advocate for mining is that it helps to encourage future generations. We want to move away from this rare thinking.
last month, HB 639 has been approved by the House of Representatives New Hampshireand today it’s the Senate turn to vote.
New Hampshire Building HB639 on Crypto Mining Regulations
New Hampshire: Proposals on “free” code mining criticized by environmentalists
Meanwhile, Ammon’s bill was certainly praised by the libertarians and cryptocurrency lobby. However, it has been criticized by environmentalists.
In fact, Ammon has publicly dismissed all environmental concerns regarding the impact of cryptography on the planet and on the electrical network.
Here is what he says about the problem:
“There are people who believe that bitcoin mining will raise oceans, and we all own, bringing the oceans and things like that to a boil. This section can only prevent local governments from discriminating against their use of energy.”
To use it for HB 639, Cathy CokerDirector of the New Hamp Chasiera Club Branch, reportedly wrote:
“The reality is that it’s not just people who have computers. It’s about supercomputers that consume a lot of energy.”
Specifically, Colcurry and his colleagues have it Cryptocurrence of code mining for several reasons, That’s how it is Continuous 24-hour operation, and noisy, It disrupts the neighborhood. but, High energy intensity activities, It’s the cause Carbon dioxide emissions This can put a strain on the power grid.
Not only that, but many crypto mining operations It also uses a lot of water to cool the equipment. This leads to concerns about a Invoice Rise Hot water discharged from the facility It can cause harm to wildlife.
Non-US situation
While in New Hampshire, there is a struggle to free crypto mining from strict regulations and criticism from environmentalists, but industry companies outside the US are targeting Latin America.
Hive Digital Technologyfor example, a Canadian companies Specializing in Bitcoin mining, I recently invested In Paraguay as a long-term strategic partner. In fact, it seems that Paraguay enjoys An An ideal combination of geopolitical stability, low-cost hydropower and openness to foreign investment.
I’ve always talked about it outside of America recently. Phoenix Group, Bitcoin Mining Company Listed in the United Arab Emiratesand that Revenues for the first quarter 2025 dropped sharply Compared to the previous period.
Nevertheless, UAE employees who are ready for the top 10 Bitcoin miners by market capitalization are I ambitious, hoping to enter the top five by 2026.
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