This bill amends Minnesota Statutes 2024, section 216B.2402, subdivision 3a, to exempt sales to cryptocurrency and artificial intelligence data centers from certain energy savings goals. The definition of a "data mining facility" is updated to include all buildings, structures, equipment, and installations at a single site where electricity is primarily used by computers to process transactions involving digital currency not issued by a central authority, specifically mentioning cryptocurrency and artificial intelligence.
The amendment aims to clarify the scope of data mining facilities and provide exemptions that could encourage the growth of these sectors in Minnesota. By excluding these facilities from specific energy savings goals, the bill seeks to support the burgeoning industries of cryptocurrency and artificial intelligence, potentially fostering economic development in the state.
Statutes affected: Introduction: 216B.2402