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Biden budget proposes 30% tax on crypto mining electricity usage

March 10, 2023 by DIGIT

The tax would be phased-in at 10% per year over three years and covers electricity generated from both on and off-grid sources. Go to Source Powered by WPeMatico

Categories 30% mining tax, Biden, Bitcoin Mining, budget, budget 24, crypto miners, crypto mining tax, digital asset tax, US budget


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  • bitcoinBitcoin(BTC)$68,183.00-0.27%
  • ethereumEthereum(ETH)$1,973.340.86%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.481.32%
  • binancecoinBNB(BNB)$622.481.70%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$86.141.79%
  • tronTRON(TRX)$0.2841221.56%
  • dogecoinDogecoin(DOGE)$0.099530-2.20%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%