tl;dr
Arizona's legislature passed HB 2342, protecting home-based Bitcoin miners and blockchain node operators from local zoning and usage restrictions. The bill is now awaiting final approval from Governor Katie Hobbs. If signed into law, the bill would make the use of computational power in residences a...
Arizona's legislature has passed HB 2342, which aims to protect home-based Bitcoin miners and blockchain node operators from local zoning and usage restrictions. The bill defines "computational power" broadly and is part of Arizona's broader crypto-forward stance. If signed into law by Governor Katie Hobbs, the bill would make the use of computational power in residences a matter of "statewide concern," stripping local governments of regulatory authority in this area.
Arizona is also advancing proposals for state-managed reserves of digital assets, positioning itself as a leader in crypto adoption. Neighboring states like Texas, Oklahoma, and Kentucky are also making legislative moves to accommodate the crypto industry.
The bill, introduced by Rep. Teresa Martinez, passed the Arizona Senate with a narrow 17–12 vote and is now awaiting final approval from Governor Katie Hobbs. It defines "computational power" broadly, targeting not only blockchain operations like mining and running nodes but also artificial intelligence workloads, cloud computing, and high-performance scientific research conducted from home setups.
Arizona's advancement in crypto legislation is part of a broader trend, with roughly 26 states introducing similar Bitcoin reserve bills. Arizona is leading the way, with neighboring states such as Texas, Oklahoma, and Kentucky also making legislative strides to accommodate and protect crypto-related activities.