Nebraska Enacts Law to Limit Power Use in Large-Scale Cryptocurrency Mining

Nebraska recently enacted a law regulating large-scale cryptocurrency miners, those using over 1 megawatt (MW) of electricity. The bill requires such miners to report their energy usage annually and pay for infrastructure upgrades required by their operations. The legislation also allows public power suppliers to implement load management strategies during peak demand or emergencies. LB 526 awaits Governor Jim Pillen’s signature, with a potential implementation date of October 1.