Bitcoin Dips as Nebraska Puts Restrictions on Mining, Bitcoin Veterans Stay Bullish
Posted On May 15, 2025
Bitcoin (CRYPTO: BTC) has lost 1.34% over the last 24 hours and is trading at $102,259.99. Bitcoin might be in for a tough time, as Nebraska has voted to make life more difficult for Bitcoin miners.
Though it fell on the day, Bitcoin has given 3.47% returns this week, and more than 19% within the month.
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In Nebraska, a new legislation, LB 526, was passed unanimously (49-0) and is likely to be signed into law shortly. It won’t prohibit mining or even directly limit it, but it does impose costs and conditions on big operations. Miners will need to disclose their power consumption, pay for infrastructure upgrades, and accept that the state has …
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