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Kentucky Governor Signs Bitcoin Mining Incentive Bill Into Law

Kentucky Governor Signs Bitcoin Mining Incentive Bill Into Law



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7 Comments

  1. This is a BIG step in my opinion, guys. I suspected that most governments would try to get their hands on crypto instead of banning it, and a multi government fight to get Bitcoin is the way it hits the next parabolic spike. Iran and other countries (I think China?) have been incentivizing crypto mining to try to get their hands on it as well. We may be seeing the wheels in motion already to mid 6 or even 7 figure BTC in the next few years.

  2. >The new law “provides sales and use tax exemptions on the tangible personal property directly used and the electricity used in commercial mining of cryptocurrency”

    Yup, pretty much an open invitation to miners

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