The Arkansas State Legislature has introduced Senate Bill 60, a significant piece of legislation aimed at regulating digital asset mining businesses in relation to military facilities. Proposed on January 21, 2025, the bill seeks to address concerns regarding the proximity of these operations to military installations, which include bases, hospitals, and arsenals.

The primary provisions of SB60 prohibit digital asset mining businesses from operating within a thirty-mile radius of any military facility. Existing operations within this zone must cease unless they were fully constructed and operational before December 31, 2024. Additionally, any changes in ownership of these businesses will require them to shut down operations if they fall within the specified radius.

The bill empowers the Arkansas Attorney General to investigate potential violations, which may include gathering sworn statements and issuing subpoenas for testimony and documentation. If a violation is confirmed, the Attorney General is mandated to order the cessation of operations at the offending locations.

Debate surrounding SB60 has highlighted concerns about the impact of digital asset mining on local resources and military readiness. Proponents argue that the bill is necessary to protect military operations and ensure that digital mining does not interfere with critical infrastructure. Critics, however, contend that the legislation may stifle economic growth in the tech sector and limit opportunities for businesses in the state.

The implications of SB60 extend beyond regulatory measures; it reflects a growing tension between emerging technologies and established military interests. Experts suggest that the bill could set a precedent for how states manage the intersection of technology and national security, potentially influencing similar legislation in other regions.

As the bill progresses through the legislative process, stakeholders from both sides are expected to continue voicing their opinions, making it a focal point of discussion in Arkansas's ongoing dialogue about economic development and military protection. The outcome of SB60 could have lasting effects on the state's digital economy and its relationship with military operations.