{"data":{"id":"us-ar/ark.-code-ann.-23-119-102","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-119-102","heading":"Definitions","body":"As used in this chapter:\n\n(1) \"Blockchain network\" means a group of computers operating and processing together to execute a consensus mechanism to agree upon and verify data in a digital record for the purpose of generating digital assets;\n\n(2) \"Digital assets\" means cryptocurrency, virtual currency, and natively electronic assets, including without limitation stable coins, nonfungible tokens, and other digital-only assets, that confer economic rights or powers;\n\n(3) \"Digital asset mining business\" means a group of computers working at a single site that consumes more than one megawatt (1 MW) of electrical energy on an average annual basis for the purpose of generating digital assets by securing a blockchain network; and\n\n(4) \"Local government\" means a county, a city of the first class, a city of the second class, or an incorporated town.","path":["AR Code","Title 23","Chapter 119"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"f9a2ddbd839f7826e8c87cb9de52b66a70bf06a62d29c4b2164c5a563160d65a","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-119-101","next":"us-ar/ark.-code-ann.-23-119-103"},"notice":"GroundRules: Original legal text. Not legal advice."}