Arkansas HR1014 would require digital asset miners and mining businesses to notify authorities before purchasing, leasing, or constructing facilities.

Arkansas HR1014 amends the Arkansas Data Centers Act of 2023 to mandate that digital asset miners and mining businesses file a written notification with the Arkansas Public Service Commission and local government six months before purchasing, leasing, or beginning construction of a mining facility. The notification requirement applies whether the purchase or lease has already occurred or if construction is about to start. This bill aims to ensure transparency and oversight in the digital asset mining industry.

Arkansas HR1014 would require digital asset miners and mining businesses to notify authorities before purchasing, leasing, or constructing facilities.

Arkansas HR1014 amends the Arkansas Data Centers Act of 2023 to mandate that digital asset miners and mining businesses file a written notification with the Arkansas Public Service Commission and local government six months before purchasing, leasing, or beginning construction of a mining facility. The notification requirement applies whether the purchase or lease has already occurred or if construction is about to start. This bill aims to ensure transparency and oversight in the digital asset mining industry.