For a long time, the United States of America shunned the title of “democratic model” the planetary scale. But recent events, including the Black Lives Matter movement, the series of police attacks on racialized people, the assault on the Capitol by supporters of Donald Trump after his defeat… have tarnished this image.
To deal with any form of discrimination, the US federal structure obliges states and cities to put in place appropriate measures. And that without having to go through Washington. Recently, the State of Mississippi has used its prerogatives for certain players in the crypto mining industry.
Mississippi senator and discriminatory crypto mining tariffs
Some states in Uncle Sam’s land saw their population of cryptocurrency miners grow after the Chinese Communist Party banned bitcoin mining. Cities like Texas or Mississippi are currently home to individual miners, even large corporate infrastructures, extracting blocks.
In Mississippi, Cryptocurrency Miners Enjoy Relatively Low Electricity Pricing Across the U.S., Reports Cointelegraph. However, the Public Service Commission was accustomed to imposing discriminatory tariffs on crypto mining companies and individuals. This institution, supposed to regulate the public services of this State, even goes so far as to deprive them of the status of ” fund transmitter. »
” Mississippi Senate passes landmark law protecting bitcoin mining.
‘It will be legal in the state of Mississippi to operate a node for the purpose of mining digital assets from home’ and ‘to operate a digital asset mining business’. »
This discrimination in the tariffs imposed on cryptocurrency mining players does not leave Senator Josh Harkins indifferent. Reason why he adopted a law project which will legalize mining-related activities in Mississippi.
In the eyes of observers, this decision constitutes a further step towards the protection of cryptocurrency miners. Additionally, Senator Harkins has already pushed for passage of the Mississippi Digital Asset Mining Act in 2022.
Senator Harkins’ crypto mining bill also includes other points worthy of our attention. There is in particular the limitation of the noise of mining at home. Or the imposition of requirements on miners beyond those applied locally to data centers, etc. Unfortunately, this Republican is not yet alarmed by the problem of centralization of bitcoin mining.
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