Nebraska lawmakers have approved a bill that imposes limits on crypto mining in the state. The legislation, known as LB 526, was unanimously passed in its final reading with a 49-0 vote and is now awaiting approval from Governor Jim Pillen. If enacted, the law will come into effect on October 1 and will target large-scale mining operations that consume one megawatt or more of electricity. Miners will be required to pay for necessary infrastructure upgrades, disclose their annual energy usage, and be prepared for electricity service interruptions during grid strain. Public power suppliers will have the authority to enforce these regulations, ensuring fairness and nondiscrimination. This move by Nebraska reflects a trend of varying approaches to crypto mining regulation across different states in the U.S., with other states like Arizona and Kentucky also implementing their own laws to address the growing industry. Read more AI-generated news on: https://app.chaingpt.org/news