AMMON: New Hampshire’s Blockchain Opportunity

(This was first published in NH Journal)

New Hampshire families pay electricity rates 67 percent above the national average, 17.47 cents per kilowatt-hour nationally versus 29.24 cents in New England. This isn’t just an inconvenience; it’s a crisis driven by limited access to natural gas and by policies imposed by neighboring states through ISO-New England. We pay a premium for power we don’t control.

This energy crisis demands creative solutions. HB 639, the Blockchain Basic Laws, offers one, not by adding costs, but by creating the legal framework for an industry that can help stabilize our grid and incentivize new generation.

The Senate Commerce Committee split 3-3 on this bill before referring it to Interim Study. I’m asking my colleagues to take a fresh look at HB 639 when it reaches the Senate floor on Jan. 7, 2026.

We cannot afford to wait. In the fast-moving blockchain industry, a year of delay means watching other states capture opportunities we’ve worked to create. Last month, the New Hampshire Business Finance Authority approved the world’s first Bitcoin-backed municipal bond, a $100 million issuance positioning our state as a global leader in responsible crypto finance. Gov. Kelly Ayotte called it proof that “New Hampshire is once again first in the nation to embrace new technologies.”

Read the rest at NH Journal