{"id":555934,"date":"2023-02-24T08:41:20","date_gmt":"2023-02-24T05:41:20","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/montanas-right-to-mine-crypto-bill-moves-closer-to-passing-as-law\/"},"modified":"2023-02-24T08:41:20","modified_gmt":"2023-02-24T05:41:20","slug":"montanas-right-to-mine-crypto-bill-moves-closer-to-passing-as-law","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/montanas-right-to-mine-crypto-bill-moves-closer-to-passing-as-law\/","title":{"rendered":"# Montana\u2019s \u2018right to mine\u2019 crypto bill moves closer to passing as law"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a24689936c16\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a24689936c16\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/montanas-right-to-mine-crypto-bill-moves-closer-to-passing-as-law\/#%E2%80%9D_Montanas_%E2%80%98right_to_mine_crypto_bill_moves_closer_to_passing_as_law_%E2%80%9C\" >&#8221; Montana\u2019s \u2018right to mine\u2019 crypto bill moves closer to passing as law &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Montanas_%E2%80%98right_to_mine_crypto_bill_moves_closer_to_passing_as_law_%E2%80%9C\"><\/span>&#8221; Montana\u2019s \u2018right to mine\u2019 crypto bill moves closer to passing as law &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-48054ca8>A cryptocurrency mining rights bill  with laws that would prohibit the discrimination of crypto miners is one step closer to fruition after passing the Montana Senate.<\/p>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/leg.mt.gov\/bills\/2023\/billpdf\/SB0178.pdf\">proposed<\/a> laws would enshrine a \u201cright to mine digital assets\u201d and would prohibit \u201cdiscriminatory\u201d electricity rates being charged to crypto miners, protect mining that occurs \u201cat home\u201d and s<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a> local governments of the power to use zoning laws to stop crypto mining operations.<\/p>\n<p>It also prohibits additional taxes on the use of crypto as a payment method and would consider \u201cdigital assets,\u201d including cryptocurrencies and nonfungible tokens, as \u201cpersonal property\u201d alongside other financial products such as stocks and bonds.<\/p>\n<p>The bill was passed in the state Senate on Feb. 23 with a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/laws.leg.mt.gov\/legprd\/LAW0210W%24BSIV.ActionQuery?P_BILL_NO1=0178&amp;P_BLTP_BILL_TYP_CD=SB&amp;Z_ACTION=Find&amp;P_SESS=20231\">vote<\/a> of 37 for and 13 against and will head to the House for <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roval. If it is passed there as well, the final step would be for it to be signed into law by Governor Greg Gianforte, who could also choose to veto the bill.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/290331da-4f8b-476f-9231-7ed821c0cc65.png\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>Text from the bill outlining its provisions and some of the reasoning for the laws. Source: <\/em><em>Montana State Legislature<\/em><\/figcaption><\/figure>\n<p>The bill outlined that Montana wants to \u201cprotect the right to mine\u201d crypto and \u201ccreate legal certainty\u201d for miners as mining \u201cprovides positive economic value\u201d and could potentially \u201cstabilize the grid and provide revenue for infrastructure upgrades.\u201d<\/p>\n<p>The bill was written with the help of the Satoshi Action Fund, a pro-Bitcoin (BTC) lobbying group.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Hut 8 CEO weighs in on the bull and bear markets from a mining perspective<\/em><\/strong><\/p>\n<p>Dennis Porter, CEO of the advocacy body, told Cointelegraph in a January interview that leaders in Montana have used zoning laws to attempt to push miners out and have considered imposing higher electricity rates on miner operations.<\/p>\n<p>In April 2019, Missoula County in Montana passed rules that required miners to operate only in light and heavy industrial districts and required miners to exclusively use renewable energy. If passed, the law would overturn the county\u2019s zoning ordinance.<\/p>\n<p>In early February, the Mississippi state Senate passed a similar bill seeking to protect crypto miners from discrimination and is working its way to the states House.<\/p>\n<p>Meanwhile, Missouri\u2019s Digital Asset Mining Protection Act, which\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/house.mo.gov\/billtracking\/bills231\/hlrbillspdf\/1719H.01I.pdf\">aims<\/a>\u00a0to protect the rights of crypto miners, was introduced to the state legislature in mid-January. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/montana-s-right-to-mine-crypto-bill-moves-closer-to-passing-as-law\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Montana\u2019s \u2018right to mine\u2019 crypto bill moves closer to passing as law &#8220; A cryptocurrency mining rights bill with laws that would prohibit the discrimination of crypto miners is one step closer to fruition after passing the Montana Senate. The proposed laws would enshrine a \u201cright to mine digital assets\u201d and would prohibit \u201cdiscriminatory\u201d&#8230;<\/p>\n","protected":false},"author":1,"featured_media":555935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/1ff5a5a5-21fa-482c-9a91-d68e4c346649.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74989,75042,70301,55229,70934,70289],"class_list":["post-555934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-mining","tag-mining","tag-bills","tag-law","tag-regulation","tag-senate"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/555934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=555934"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/555934\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/555935"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=555934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=555934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=555934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}