US State Closer to Law Protecting Bitcoin Miners: Senate Approves

The US state of Montana has voted to pass a bill that makes it easier to mine Bitcoin (BTC) at home and on an industrial scale.

Bitcoin mining bill submitted to the Montana State Senate yesterday evening at TSI 37 votes to 13 votes accepted. For the law to come into effect the next step is to go to the State Legislature Waiting.

Adopted law in private residences while paving the way for small-scale mining in places designated for industrial use Bitcoin mining on a larger scale will be made possible.

In addition, local government units zoning or noise regulations It will also prevent utilities from imposing restrictions on mining and discriminating electricity prices targeting mining operators. Bitcoin miners in previous eras “they make a lot of noise” was facing many problems.

According to the law passed by the state of Montana, when digital assets are used for payment, state and local governments are not responsible for any “additional tax, withholding, assessment or fee” will not be implemented and same rights as dollar payments will be recognized.

On the other hand, the entry into force of the new law 2020 Missoula County zoning ordinance Equivalent to the energy consumption of all Bitcoin miners, known as renewable energy It can also eliminate the specification that requires them to purchase or build assets.

This bill, passed by the Montana Senate, also Missouri, Mississippi And Oklahoma It is also on the agenda of the senates and it is planned that the states in question will move to the voting stage in the near future.

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