๐จ Nebraska Sets Precedent in Crypto Mining Regulation ๐จ
Nebraska has become the first U.S. state to pass legislation regulating energy consumption for crypto mining operations. The bill, LB 526, targets facilities consuming over 1 megawatt of electricity, mandating:
Funding for grid infrastructure upgrades
Public disclosure of annual energy usage
Agreement to temporary shutdowns during grid strain
The bill now awaits Governor Jim Pillen's decision. If signed, it will take effect on October 1, 2025.
This move positions Nebraska at the forefront of balancing crypto innovation with energy infrastructure stability.