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
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