US President Joe Biden has unveiled plans for a proposed massive tax levy on electricity used by cryptocurrency miners. The proposal, which would see crypto…
The Biden administration has proposed a new tax intended to make cryptocurrency miners pay society back for the damage they cause. That's actually how the White House puts it, with the so-called
The Biden administration is campaigning for a tax first sought in a recent federal budget proposal, advocating that crypto miners pay an amount equal to 30% of their energy costs.
The White House is attempting to persuade Congress to pass a 30% climate change tax on cryptocurrency miners as part of its next federal budget. The change,…