Nebraska Legislature, BTC Mining Regulation Bill Passed…Increased Burden on Large Mining Companies

BeinCrypto reported that the Nebraska legislature in the USA has finally passed a regulatory bill on Bitcoin (BTC) mining.

According to this bill, large mining companies must bear the cost of infrastructure upgrades themselves and are obliged to regularly report their energy usage. Authorities also gain the power to cut off electricity supply to mining activities under certain conditions.

Experts believe that this regulation will increase the operational costs of large mining companies and strengthen the monitoring of energy usage. In particular, the power to cut off electricity supply, which is significant due to the high energy usage characteristic of mining, could potentially have an impact on the market if exercised.