Home Gadgets Biden Wants to Hit Power-Hungry Crypto Miners With a Big Tax Bill

Biden Wants to Hit Power-Hungry Crypto Miners With a Big Tax Bill

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The Biden Administration is proposing a bill to hold cryptocurrency mining companies accountable for the amount of energy costs they expel with a new 30% tax on their electricity costs. The Digital Asset Mining Energy (DAME) excise tax was announced on the White House website on Tuesday, explaining that cryptomining…

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Source: gizmodo.com