A count that would have Forbidden BTC Block Reward Miners From establishing operations within a radius of 30 km from a military facility has been rejected in Arkansas.
The City, County and Local Committee at the State Senate voted 6-1 against the proposed Senate proposal 30, which was sponsored by Senator Ricky Hill (R-Cabot).
According to local reports, the long debate about the bill was spilled into discussions about digital assets in general and later put. Hill on the defensive as he tried to distinguish his attitude towards ‘Crypto’ and his fight against miners stationed close to military operations.
“Crypto is here to stay; I am not anti-crayon; I’m pro-military; My attitude here is that I want to do everything I can to protect our military and their facilities, “Hill told the committee members.
He added that Arkansas has over 53,000 square miles and that his behalf would only limit a radius of 30 miles around five military facilities. However, the committee members were unsold on the merit of the bill or the role of the state in limiting MiningAs they say is a federal role.
“If our federal government, under two different administrations, has not seen the threat, I think it is not in our interest to make that decision for them,” said Senator Joshua Bryant (R-Briters).
While the bill would apply to the five military facilities in Arkansas, was late. Hill’s immediate target A mining operation under construction in Cabot, about five miles from Little Rock Air Force Base in Jacksonville. Florida-based Interstate Holdings owns the mine and has received great criticism from the local community and its leadership for months, led by Cabot mayor Ken Kincade. Originally the complaints were centered on ordinary criticism, for example Sound levels at the future mine and power consumption. However, local leaders introduced the national security problems Angle at the end of last year, which culminated in Sen. Hill’s Bill.
The bill tried to adapt to a broader wave of criticism of miners who deployed their rigs near military facilities in the United States, due to the great influence of Chinese investors in these companies.
In May last year, then President Joe Biden issued an executive order that hinders Mina a partner, a BTC Miners, from acquiring land in Cheyenne, Wyoming, near Francis Warren Air Force Base. My one is based on the British Virgin Islands but is reportedly owned by Chinese citizens.
In his orderFormer President Biden stated that proximity to operation to a “strategic missile base and key element in the US nuclear power triad, and the presence of specialized and foreign equipment that is potentially capable of facilitating monitoring and espionage activities, provides a national security risk for the United States. “
The Arkansas bill tried to cause similar concerns, with late. Hill who stated in December last year: “Why did they choose this plant less than five miles from our air base? This is a national security problem. “
Canadian BTC Miner Bitfarms explores AI
Elsewhere, one of Canada’s largest BTC block rewards, Bitfarms, examines a transition to the Data Centers Centers Centers. The Toronto-based company announced That it took out the services from two consultants – Appleby Strategy Group and World Wide Technology – to conduct a feasibility analysis on their mining places in Canada and the USA and advice on an AI strategy.
Bitfarms goes with dozens of other BTC miners who are looking for greener pastures in AI because of the constantly reducing revenues from their mining operations since then BTC Halving Last April. With AI the largest technical buzzword and with Over 3 trillion dollars To be invested in the technology by 2030, the miners turn away from BTC.
The hut 8 (Nasdaq: Hut), Scientific core (Nasdaq: Corzw), Bitdered (Nasdaq: BTDR), Riot platforms (Nasdaq: riot), Iris Energy (Nandaq: Iren) and DMG blockchain (Nasdaq: DMGGF) are among the miners who now offer data centers to AI clients.
The CEO Ben Gagnon, who commented on Pivot, said that the company has been in discussions with AI and HPC/AI clients with high performance, and “We are convinced that our North American portfolio pipeline is strongly suitable for HPC/AI.”
“The contracts associated with HPC/AI customers provide long-term, stable cash flows and income streams, while our (BTC) mining operations will continue to make money from (BTC) flexible upward potential, creating a powerful and resistant portfolio that will generate for a long time -The term value for our shareholders. “
Bitfarms runs 12 mines across the United States, Canada, Argentina and Paraguay. But that announced A week ago that it had signed an agreement to sell the largest of its three mining places in Paraguay to Rival Bikupa Digital (TSXV: Hive). More sales may soon be due in Latin America, with Gagnon revealing that the company intends to have at least 80% of its operations in North America at the end of this year.
In order for artificial intelligence (AI) to function directly within the law and thrives on growing challenges, it must integrate a corporate blockchain system that ensures data input quality and ownership – which means that it must keep data secure and at the same time guarantee the immutability of data. Check out COINGEEK’s coverage on this new technology to learn more Why Enterprise Blockchain will be the spine in AI.
Watch: Untangling Bitcoin Mining on Coeingeek Weekly Livestream
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