Tag Archives: Montana

Montana lawmakers voted 41-59 against letting Bitcoin into state reserves. Lawmakers rejected the bill due to concerns about its volatility and taxpayer risk. Montana’s legislature rejected House Bill 429, seeking to authorize state investment in Bitcoin, stablecoins, and precious metals. The lawmakers voted 41-59 against the bill, with the legislators purporting that the potential dangers of having taxpayers’ funds used to make investments in risky assets are a concern. Although the bill...

Montana environmentalists aren’t happy about a decommissioned coal mine going into business again, this time as a crypto mining facility. Crypto Mining Rubs Climate Friendly People the Wrong Way Known as the Hardin generating station, the facility is a 115-megawatt coal plant located near the site of the historic battle of Little BigHorn. It was slated to close in 2018 given the lack of customers, and usage has seriously died down as of late. However, it looks like a...