The lower chamber of Oklahoma's state legislature approved a bitcoin mining-focused bill this week.
is among a raft of measures developing around the US that aim to provide tax incentives to bitcoin miners. If approved, Oklahoma's proposed law would help cut the spending related to hardware and electricity used by commercial miners.
"Blockchain technology used in the commercial mining of digital assets is an industrial process that should be taxed in a manner similar to historical forms of manufacturing or industrial processing in order to encourage the location and expansion of such operations in this state rather than in competing states," the bill's text explains.
The Oklahoma House of Representatives passed the act by a 64-18 margin, public records show. The State Senate conducted its first reading of the bill on Wednesday.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
The city of Fort Worth, Texas votes to become a bitcoin minerThe city council approved a resolution on Tuesday accepting a donation of three bitcoin mining machines.
Baca lebih lajut »
Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital – Mining Bitcoin NewsAccording to the bitcoin mining company, Cleanspark aims to leverage the funds for growth capital expenditures.
Baca lebih lajut »
Mining Report Shows Bitcoin's Electricity Consumption Decreased by 25% in Q1 2022 – Mining Bitcoin NewsThe BMC report's findings show Bitcoin’s electricity usage dropped by 25% in Q1 2022 compared to the year prior.
Baca lebih lajut »
Texas' Fort Worth Becomes the First US City that Mines BitcoinThree Bitmain Antminer S9 mining rigs will operate 24/7 outside Fort Worth's city hall to mine bitcoin.
Baca lebih lajut »
Fort Worth becomes the first US city to mine BitcoinAt every level of government, officials are recognizing that cryptocurrency will be an important part of the future.
Baca lebih lajut »
Chemirmir trial continues; Fort Worth becomes first government to mine Bitcoin - KRLD All Local - Omny.fmPlus, arson Investigators in Dallas say someone threw a Molotov cocktail into an office building this morning - sparking an early morning fire inside a Dallas high rise.
Baca lebih lajut »