Wyoming Lawmakers Consider Deregulated Zones for Crypto Miners

In a recent WyoFile article by Dustin Bleizeffer, it was reported that Wyoming lawmakers are examining the possibility of establishing deregulated zones for crypto miners and other large-scale electricity consumers, aiming to attract new businesses and support the expanding blockchain industry. The Joint Minerals, Business and Economic Development Interim Committee is set to discuss two draft bills - Industrial power zones and Direct electric utility service agreements - that would authorize regulatory exemptions and enable dedicated power generation sales to industrial customers. Proponents argue that deregulation would lead to lower rates and foster growth, while critics express concerns over potential risks and implications for other utility customers. Read more about the topic below.

Source: Bleizeffer, Dustin. (2022, October 19). Lawmakers flirt with deregulated zones for crypto miners. WyoFile.

Retrieved from https://wyofile.com/lawmakers-flirt-with-deregulated-zones-for-crypto-miners/

#CryptoMining #Blockchain #Wyoming #Deregulation #EnergySector

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