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Breaking: Bitcoin Mining Faces Major Blow As Biden Proposes 30% Tax
By Pratik Bhuyan at 2026-05-04 06:11
Sentiment: Negative
What comes as a major setback to crypto miners in the United States, the White House is lobbying Congress to include a tax of 30% on the cost of the electricity used to mine cryptocurrencies in the upcoming federal budget. This development comes on the heels of the U.S. government’s repeated claims of potential damage The post Breaking: Bitcoin Mining Faces Major Blow As Biden Proposes 30% Tax appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Bitcoin News #Bitcoin #Bitcoin mining #crypto mining #United States
Source CoinGape