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Crypto Mining Limits Approved in Nebraska

Nebraska Passes Bill to Regulate Large-Scale Crypto Mining

  • Nebraska lawmakers passed LB 526 unanimously with a 49-0 vote.
  • The bill targets crypto mining operations using 1 megawatt or more of power.
  • Miners must cover infrastructure costs, report energy usage, and accept service interruptions.
  • The law grants public utilities authority to manage grid impact effectively.
  • The bill now awaits approval from Governor Jim Pillen.

LB 526 aims to regulate large-scale crypto mining in Nebraska by requiring miners to pay for necessary infrastructure upgrades and report energy usage. The bill, which passed unanimously, now awaits the governor’s decision. If enacted, it will take effect on October 1.

Source (2.6)https://decrypt.co/320160/nebraska-lawmakers-approve-crypto-mining-limits-in-final-reading?rand=52368
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