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US Senator Goes Full Bull on Bitcoin Mining With FLARE Act

A powerful new federal bill offers full tax expensing to crypto miners capturing flared gas, turning wasted energy into bitcoin-fueled grid dominance. FLARE Act Sets the Stage for US Energy Reform and Bitcoin Mining Expa...

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US Senator Goes Full Bull on Bitcoin Mining With FLARE Act
A powerful new federal bill offers full tax expensing to crypto miners capturing flared gas, turning wasted energy into bitcoin-fueled grid dominance. FLARE Act Sets the Stage for US Energy Reform and Bitcoin Mining Expansion U.S. Senator Ted Cruz (R-TX) announced on March 31 the introduction of the Facilitate Lower Atmospheric Released Emissions (FLARE) Act, […]

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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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