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Will Arkansas's crypto mining ownership ban survive appeal on Kalshi

If the United States Court of Appeals for the Eighth Circuit vacates or reverses, in whole or in part and on any ground including ripeness, the preliminary injunction barring enforcement of Act 174 of 2024's foreign-ownership restrictions on digital asset mining businesses in Jones Eagle LLC v. Ward before Feb 1, 2027, then the market resolves to Yes.

Settles on: CourtListener, Westlaw, ABC, Fox News, MSNBC, Law360, The Wall Street Journal, Bloomberg News, PACER, CBS, NBC, Justia, LexisNexis, Bloomberg Law, The Washington Post, Axios, CNN, Reuters, The New York Times, the Associated Press, Court News Service, Politico.

Market says (typical open contract)
38%
Median YES price across 1 open contract, 10 Nov 2026 04:28 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
75% 😈
Half luck. The favorite is clear, the fee is not small, and the payout on the favorite is thin.

The cover charge

Fee and break-even by purchase price
If you buy atFee per contractOn $50Win rate to break even
30¢1.5¢$2.4531.5%
38¢ (now)1.6¢$2.1739.6%
50¢1.8¢$1.7551.7%
70¢1.5¢$1.0571.5%
90¢0.6¢$0.3590.6%

Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.

How long until your balance is $0 in this market? →

Open contracts right now

Open contracts in this series with price, implied probability, volume and close time
ContractYES priceImpliedFee at this priceReal-world oddsLuck neededVolumeCloses
Will the United States Court of Appeals for the Eighth Circuit rule vacates or reverses, in whole or in part and on any ground including ripeness, the preliminary injunction barring enforcement of Act 174 of 2024's foreign-ownership restrictions on digital asset mining businesses? · Before Feb 1, 202738¢38%1.6¢—75%31,624Feb 01, 04:59 UTC

Who actually wins this market

  • Whoever posts the resting orders and collects the spread without paying a fee.
  • The venue, on every fee.
  • Not, on average, the person clicking buy because the chart is going their way. That was us.

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