Arizona Senate passes bill to protect mining rights

It must also be signed by Governor Katie Hobbs to take effect

11.04.2025 - 12:50

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What’s new? The Arizona Senate has passed HB 2342, a bill to protect mining rights, by a vote of 17 to 12. The document guarantees protection from statewide restrictions on those who operate a blockchain node or mine digital assets. After Senate approval, the document has been sent to Governor Katie Hobbs for signature.

Source: X.com

What else is known? The bill was introduced in January by House Republican member Teresa Martinez. It recognizes residential computing use as a matter of “statewide concern,” effectively stripping local governments of regulatory authority in this area.

For example, authorities of certain cities and counties in Arizona will not be able to ban mining activities on their property.

Lawyer James Murphy demanded through the court that the US Department of Homeland Security disclose data on bitcoin creators

In 2019, ministry special agent Rana Saoud claimed that her colleagues had seen people involved in the creation of the first cryptocurrency

The bill defines “computational power” broadly to include blockchain operations, but it also targets artificial intelligence operations, cloud computing, and high-performance scientific research conducted on home-based rigs.

The bill’s advancement is part of Arizona’s broader stance on cryptocurrencies. Last month, for example, lawmakers advanced bills to create a strategic digital asset reserve (SB 1373) and a strategic bitcoin reserve (SB 1025).

If passed, they would allow Arizona to create state-administered digital asset reserves, including using confiscated cryptocurrency, and invest up to 10% of state treasury and pension funds in bitcoin.

In March, the capitalization of the largest miners fell by a cumulative $6 billion

For industry companies, the month was the worst in history in terms of stock returns

Last month, the Utah Senate passed a bill providing state residents with rights to non-custodial cryptocurrency storage, mining, running blockchain nodes, and participating in staking. However, a clause creating a bitcoin reserve was removed from it.

At the same time, Kentucky Governor Andy Beshear signed a similar bill on the rights of citizens to store cryptocurrencies and mining.

Also in March, Congressman Byron Donalds offered to protect President Donald Trump’s executive order on the creation of a national bitcoin reserve from possible repeal by his successors.

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