Technology (Emerging Technology)

This Senate resolution authorizes the introduction of a bill to update Arkansas laws governing digital asset mining businesses and home miners. The proposed legislation would clarify operational requirements for these businesses, such as noise reduction measures and utility usage, while explicitly prohibiting local governments from banning home mining or imposing stricter rules on miners than those applied to data centers. It also allows individuals to mine cryptocurrency at home without needing a permit and ensures they are not classified as money transmitters. Although the bill was introduced, it failed to pass the Senate before the legislative session ended.