Resolution sought to change Arkansas rules for digital asset mining

Mining businesses would have to follow utility rules, pay applicable taxes and fees, and use noise-reduction methods. These provisions cover digital asset mining businesses and businesses using a blockchain network in Arkansas. A business could use a passively cooled container without extra enclosure if it locates or relocates with local approval to a qualifying location.

A person could mine digital assets at home under utility rules and local permitting requirements. This provision covers individuals mining digital assets at their residences. The text also says local governments could not ban home mining or require advance approval, but its wording leaves the relationship to local permitting requirements unclear.

The proposal addresses local noise rules, zoning, and rates set by the Arkansas Public Service Commission. These provisions concern local regulation of digital asset mining and commission rates for mining businesses that use a blockchain network. Amendment wording leaves uncertain whether local governments could limit noise and whether the commission could set rates for mining businesses using a blockchain network.