Arkansas HR1012 would authorize a bill to monitor and regulate blockchain networks and digital asset mining's impact on water usage and the.

Arkansas HR1012 would authorize the introduction of a nonappropriation bill to monitor the impact of blockchain networks and digital asset mining on water usage and the electrical grid. The Arkansas Natural Resources Commission would monitor water usage, and if excessive, could take action against the operations. The Arkansas Public Service Commission would monitor the electric grid, and if threatened, could halt operations. The bill also mandates the creation of rules to implement these provisions.

Arkansas HR1012 would authorize a bill to monitor and regulate blockchain networks and digital asset mining's impact on water usage and the.

Arkansas HR1012 would authorize the introduction of a nonappropriation bill to monitor the impact of blockchain networks and digital asset mining on water usage and the electrical grid. The Arkansas Natural Resources Commission would monitor water usage, and if excessive, could take action against the operations. The Arkansas Public Service Commission would monitor the electric grid, and if threatened, could halt operations. The bill also mandates the creation of rules to implement these provisions.