El Reno Water Crisis Sparks Concerns Over Oklahoma Law Limiting Local Regulation of Bitcoin Mines
An ongoing water crisis in El Reno has raised concerns about an Oklahoma law that limits local regulation of Bitcoin mines.
The city's water supply is under strain due to a combination of factors, including increased demand from Bitcoin mining operations.
Council members are now questioning the effectiveness of a 2019 state law that restricts municipalities' ability to regulate large-scale industrial water users, such as cryptocurrency mines.