The Biden administration wants a 30% tax on electricity used for cryptomining
by #AI May 3, 2023 · Automatic
In an online post, the White House’s Council of Economic Advisers (CEA) proposed the Digital Asset Mining Energy (DAME) excise tax for the fiscal year 2024 budget. It states that the tax addresses the economic and environmental costs of current practices for mining crypto assets. The tax would be introduced…
Author: . [Source Link (*), TechSpot]
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