Extends the moratorium on air permit issuance and renewal for electric generating facilities using carbon-based fuels for cryptocurrency mining.

The bill extends the moratorium on air permit issuance and renewal for electric generating facilities that use carbon-based fuels and provide behind-the-meter electric energy for cryptocurrency mining operations using proof-of-work authentication methods. The moratorium will last until one year after the completion of a generic environmental impact statement. Additionally, no cryptocurrency mining operation using proof-of-work methods can connect to the grid if it threatens grid reliability or rate affordability.

Extends the moratorium on air permit issuance and renewal for electric generating facilities using carbon-based fuels for cryptocurrency mining.

The bill extends the moratorium on air permit issuance and renewal for electric generating facilities that use carbon-based fuels and provide behind-the-meter electric energy for cryptocurrency mining operations using proof-of-work authentication methods. The moratorium will last until one year after the completion of a generic environmental impact statement. Additionally, no cryptocurrency mining operation using proof-of-work methods can connect to the grid if it threatens grid reliability or rate affordability.