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Pennsylvania House Representative Removes Two-Year Crypto Mining Ban from Energy Conservation Bill Amid Pressure from Trade Unions

A bill to regulate crypto mining's energy consumption in Pennsylvania has had a two-year moratorium on new and renewed permits removed, after a state representative claimed he was pressured by trade labour unions. The Cryptocurrency Energy Conservation Act was passed by the Pennsylvania House Environmental Resources and Energy Committee by a slim margin of 13-12.

The bill now requires an impact study on miner operations and new reporting requirements, including information on energy sources, emissions reports, and energy and water consumption. Crypto miner Stronghold Digital Mining has set up in Pennsylvania and purchased two coal-burning power plants to power hundreds of Bitcoin mining rigs.

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