Sarah Huckabee Sanders was the first White House press secretary to address cryptocurrencies (Bitcoin) when she broached the topic at a press conference in 2017. She reported: “I know this is something that is being monitored by our team here” and “I know this is something that he (President Trump) is monitoring.”
In April 2023, as governor of Arkansas, Sanders signed the law into law Arkansas Data Center Law aka the “Right to Exploit” Act, which clarifies “necessary guidelines to protect miners of data assets from discriminatory industry-specific regulations and taxes.”
(Arkansas was the first state in the nation to pass a “mining right” bill in both the House and Senate.)
The law would have been co-written by the Satoshi Stock Funda non-profit organization co-founded by Mandy Gunasekarawho also worked in the Trump administration as EPA chief of staff.
(Note: Satoshi Nakamoto is the pseudonym of the person who invented and developed Bitcoin.)
While the Mining Rights Act provides legal protections for Bitcoin miners, some Arkansans living near the noisy cryptocurrency mines — there are currently three — are protesting.
Anxiety, mood swings and sleepless nights: life near a #BitcoinMine
Pushed by an advocacy group, #Arkansas became the first state to protect noisy cryptocurrency operators from disgruntled neighbors. A furious backlash has some lawmakers considering a ban. https://t.co/g1QTRXlsO5
— green soul 🌎🌻Climate/Humanity #BidenHarris (@carolleisa) February 3, 2024
Residents said The New York Times that “the noise generated by computers performing billions of calculations per second ruin of livesdecreases property values and scares away wildlife.
Arkansas State Representative Jeremy Moorea Republican whose District 61 includes a Bitcoin operation, told the Times that he and other lawmakers are “developing a proposed statewide ban on industrial-level cryptocurrency mining.” Note: Moore was one of 93 representatives who voted in favor of the Mining Rights Act signed by Sanders. (Eighty-two of Arkansas’ 100 representatives in the House are Republicans, so this is a debate that is largely taking place on one side of the aisle.)
Moore now says the law’s impact on communities is much different than what was presented when lawmakers were considering the bill, which he says resulted in “intolerable noise with no regard for neighbors or wildlife “.
Another conflict brewing in the Arkansas crypto mining argument centers on ownership of these protected data assets. As seen below, Arkansas Agriculture Secretary Wesley Ward is particularly concerned about the ownership of a cryptocurrency mining company (Jones Digital), which Ward says “could have important links with China.
Such alleged ties, Ward believes, should be of particular concern to Governor Sanders, given her history of resistance to Chinese assets in Arkansas.
(Note: In 2023, Governor Sanders signed Law 636 which prohibits foreign-controlled parties – including China – from acquiring or holding public or private lands in the state.)
If a Chinese state-owned company plans to come to Arkansas, they are not welcome. Governor. @SarahHuckabee has led the nation to eliminate these communist entities from our great state, and it is only just beginning. The CCP’s crypto mines are no different and must go. #arleg #argop pic.twitter.com/HgXaVzL5ZB
– Jeremiah Lee Moore (@JeremiahMooreAR) December 12, 2023
Rep. Moore recognized Sanders’ work on the issue and shared that of Secretary Ward. letter to Arkansas Attorney General Tim Griffin, Moore wrote: “Governor Sarah Huckabee Sanders has led the nation in removing these communist entities from our great state, and she is only getting started. » Moore added that the governor should have the same concerns about the Chinese Communist Party’s alleged involvement in crypto, writing: “CCP crypto mines are no different & must leave.