Cryptocurrency

Crypto Mining Industry Under Fire From White House – New TAX Plan Announced – 251



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Episode 251:
https://youtube.com/live/idXIBqxXC94

White House Proposes 30% Tax on Electricity Used for Bitcoin and Crypto Mining
https://watcher.guru/news/white-house-proposes-30-tax-on-electricity-used-for-bitcoin-and-crypto-mining

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14 Comments

  1. Ok, so big profitable guys will consolidate the power at the expense of big unprofitable ones and little guys will either stop mining or will not report. Great way to kill innovation.

  2. what are they gonna do? just charge EVERYONE 30% more?? lmfao nahhh… they have no way of knowing who is actually mining… unless youre a mining specific account… and that mining is obvious… itll never pass

  3. and if it does pass.. then good….. itll put the huge farms out of business thus making it waaaaaaayyyy more profitable for us smaller miners… especially us with free power

  4. Thank you for this video. With already rising energy cost, this could be a complete game ender for ALOT of people. Not sure why there hasnt been more coverage on this from the community as a whole

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