Biden budget proposes 30% tax on crypto mining electricity usage
The tax would be phased-in at 10% per year over three years and covers electricity generated from both on and off-grid sources.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The tax would be phased-in at 10% per year over three years and covers electricity generated from both on and off-grid sources.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
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