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Nic Carter: Biden’s Crypto Mining Tax Move Counter-Productive
By Anvesh Reddy at 2026-06-10 20:23
Sentiment: Negative
The proposal to impose a 30% tax on Bitcoin mining power consumption cost in the upcoming US federal budget could have major repercussions in the global mining scene. If the proposed bill gets the Congress approval, the US administration could impose a 10% initially for an year, before raising 10% per annum to 30%. Essentially, The post Nic Carter: Biden’s Crypto Mining Tax Move Counter-Productive appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Altcoin News #Bitcoin Mining #Bitcoin News #Regulation News #Bitcoin mining #Crypto Market #United States
Source CoinGape