Crypto Mining Taxes Debated
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cryptocurrency miningThe Cool Down
•A new crypto tax could make Bitcoin mining more costly — here's why it's gaining traction
71% Informative
A new crypto tax could make miners who depend on dirty fuels pay more than others.
Proponents of implementing a crypto tax believe it could prevent the dire consequences of inaction.
A task force at the 2024 U.N. Climate Change Conference proposed a $ 0.045 per kilowatt-hour climate tax for miners.
The Biden administration also suggested a 30% tax on electricity consumed by crypto miners.
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