Fun

News Feed - 2023-07-24 01:07:16

Ana Paula Pereira7 hours agoArkansas counties rush to pass noise regulations for crypto minersSeveral counties in the U.S. state of Arkansas are hurrying to adopt new ordinances before August, when crypto mining facilities will be subject to the same rules as data centers.5252 Total views10 Total sharesListen to article 0:00NewsJoin us on social networksSeveral counties in the U.S. state of Arkansas are rushing to pass emergency legislations allowing them to control noise and other activities related to crypto mining before a new state law comes into effect on August 1,according to local media reports. 


The new state law brings crypto mining facilities under the same regulations applied to data centers, creating guidelines for miners and protecting them from discriminatory regulations and taxes. Residents of Arkansas, however, barely had time to discuss the new legislation, which wasproposed, discussed in committees, and passed by legislators within a week, from March 30 to April 7.


State Rep. Rick McClure, who authored the bill, reportedly said that "no one spoke against this bill in committees, or on the legislative floors." Crypto mining companies in Arkansas include Green Digital, GMI Computing, United BitEngine, and Cryptic Farms.Arkansas Data Centers Act of 2023. Source: Arkansas State Legislature.


Related: The last Bitcoin: What will happen once all BTC are mined?


Local authorities are enacting more rules to address complaints of excessive noise 24 hours a day. "I don"t have any issues with mining crypto, but just the noise level, the lack of care for our neighbors," said Kris Kendrick, justice of the peace on Faulkner County"s Quorum Court, during a July meeting.


After the bill passed, the Association of Arkansas Counties developed a model ordinance that counties can use before the law takes effect. Since June, more than a dozen counties have reportedly passed noise ordinances that target data centers.


"I also want to make the point that it"s not these people stepping out on the front porch and [not] being able to enjoy a glass of tea sitting on the back porch. These people can hear this sound 24/7 from their bedrooms," Justice of the Peace reportedly Maree Coats said.


Despite not completely prohibiting county regulations, the new legislation prohibits local governments from discriminating against crypto mining facilities or from limiting decibel levels "other than the limits set for sound pollution generally." Counties are also forbidden from rezoning areas "with the intent or effect of discriminating against" digital mining operations.


Magazine: Bitcoin is on a collision course with ‘Net Zero’ promises# Mining# Business# Bitcoin Mining# RegulationAdd reactionAdd reactionRelated NewsWhat are fan tokens, and how do they work?US law protects institutions and exposes retail investors — Rep. TorresThe last Bitcoin: What will happen once all BTC are mined?Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halvingUAE emerges as a pro-Bitcoin mining destination in the Middle EastCrypto miner Hive Digital drops ‘blockchain’ from name amid pivot to AI

News Feed

New DeFi Project Xfinance(XFI) ILO Presale Will Start Today
New DeFi Project Xfinance(XFI) ILO Presale Will Start TodayAs the cryptocurrency world is experiencing rapid growth, decentralized finance (DeFi) platforms are also rising. In early
Turner Wright8 hours agoUK financial watchdog reminds crypto firms of October deadline for marketing complianceCompanies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions�
Alice Ivey12 hours agoHow to detect fake news with natural language processingUnravel the power of NLP in spotting fake news with various techniques and real-world examples.963 Total views15 Total sharesListen to article
Israeli central bank official says CBDC competition with banks is good for economy
Derek Andersen4 hours agoIsraeli central bank official says CBDC competition with banks is good for economyBank of Israel deputy governor Andrew Abir is eager for the digital shekel to shake up commercial banks.2515 Tota
Bitcoin Price Crash: Why $107,500 And $103,500 Are The Levels To Watch
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bitcoin Hashrate Spikes to 120 Exahash: Difficulty Drops Allowing Miners to Rejoin the Competition
Bitcoin Hashrate Spikes to 120 Exahash: Difficulty Drops Allowing Miners to Rejoin the CompetitionThe Bitcoin hashrate is up this weekend after the network experienced it’s fo
Five Reasons Why Koinly Is the Best Crypto Tax Software
Five Reasons Why Koinly Is the Best Crypto Tax Software sponsored Koinly is a leading a cryptocurrency tax calculator and portfolio tracker for traders, investors and accountants. T
Ethereum Approaches Decisive Level – Trading Around 200 DMA Resistance
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Dogecoin Flashes Sell Signal After 30% Rally – Time To Sell?
Este artículo también está disponible en español. In a notable turn of events, meme coin Dogecoin is now flashing a sell signal for corrections ahead after a 30% rally in
ENS to end eth.link domain suit after DAO greenlights $300K settlement
Jesse Coghlan5 hours agoENS to end eth.link domain suit after DAO greenlights $300K settlementENS Labs has been given approval from its DAO to settle and dismiss a legal fight over the ownership of the eth.link domain.81
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million Investment management firm Ark Invest says bitcoin is “li
Did Cardano Founder Steal $619 Million? Hopkinson Makes Shocking Revelation
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu