1 year ago
13
LITTLE ROCK, Ark. - A new law in Arkansas protecting cryptocurrency is said to bring an economic boost to communities, though some people in Vilonia are concerned about one coming just behind their neighborhood, and what it will cost them.
The law regulates digital asset mining and offers legal protections. It also recognizes things like cryptocurrency mining sites as data centers. The text of the law says data centers like these will create jobs, pay taxes and help local economies.
The purpose of the sites going into communities is to use their electricity to get a blockchain network and be able to generate digital assets.
Residents in Vilonia reached out to KARK with concerns after learning a site would go in near their home in town.
In Damascus, one has already gone in.
Robin Bullard, a resident in Vilonia, visited the site to see for herself what would be going on less than a mile behind her home.
“It sounded just like a tornado siren,” she said. “If we can't decipher from a tornado siren and the crypto mining, what are we supposed to do?”
Other neighbors came with Bullard to speak to KAR...
English (US) ·