New Hampshire Senate Hits Pause on Controversial Crypto Mining Deregulation Amid Public Backlash

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After a wave of public concern surged over plans to ease local restrictions on crypto mining, the New Hampshire Senate Commerce Committee has stalled a key deregulation bill. On Thursday, lawmakers split evenly during two critical votes—first on advancing the bill and then on outright rejecting it—ultimately deciding 4–2 to postpone action for further study.

House Bill 639, spearheaded by Republican Representative Keith Ammon, seeks to prevent municipalities from imposing limits on crypto mining activities, including controls on electricity consumption and noise. It would also block state and local governments from levying taxes targeting digital assets, affirm miners’ rights to operate freely, and establish a specialized blockchain docket within the state’s superior court for crypto-related disputes.

Despite originally receiving a vote in May, the bill was sent back for refinement and garnering broader support. The latest committee session unfolded as senators reported an unprecedented surge of public feedback opposing the measure, with Senator Tara Reardon of Concord mentioning it generated the highest number of constituent emails she has ever received for any bill.

New Hampshire’s deep dive into this legislation underscores the increasing tension between fostering innovation in cryptocurrency mining and addressing public and environmental concerns. As the state contemplates its path forward, the debate exemplifies the broader national conversation on balancing economic opportunity with regulatory oversight in the evolving crypto landscape.

Read more: https://cointelegraph.com/news/new-hampshire-senate-stalls-crypto-mining-deregulation-bill-after-split-vote

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