The "Right to Mine" law recently passed in Arkansas is facing opposition due to concerns over loosened restrictions on commercial cryptocurrency mining. The law limits the authority of city governments to regulate crypto mines, which has raised concerns about noise levels, strain on the power grid, and environmental impact.
Senator Bryan King is set to introduce a bill to repeal the controversial law, which he criticizes for its hasty introduction. However, the bill's sponsor, Senator Joshua Bryant, argues that it defends property rights and supports the local economy by stabilizing utility costs. Despite the debate, the law will take effect next month, and Arkansas currently houses approximately ten crypto mines.
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