New Hampshire Senate stalls crypto mining deregulation bill after split vote
Summary
The New Hampshire Senate Commerce Committee voted 4-2 to send House Bill 639, which aims to deregulate cryptocurrency mining, to an interim study after a split vote. The bill, sponsored by Representative Keith Ammon, sought to prevent municipalities from imposing restrictions on mining operations related to electricity use or noise, and prohibit unique state or local taxes on digital assets. It also aimed to affirm the right to mine crypto and establish a dedicated blockchain docket in the state's superior court. The decision to stall the measure came after senators noted a surge in public concern since the bill was last debated in May, with one senator reporting receiving the most emails ever for a single piece of legislation. The bill is now expected to return before the full Senate in 2026. Separately, the article notes that while crypto mining faces criticism for energy use, the industry is increasingly utilizing renewable energy sources, contrasting with some states, like New York, that are proposing energy taxes on mining operations.
(Source:Cointelegraph)