2024-5-19 00:08 |
President Biden's emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property. origin »
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President Joe Biden has proposed an excise tax on cryptocurrency mining companies that is 30% of the cost of the power they use. Biden's Fiscal Year 2024 budget included a proposal to implementThe post Joe Biden’s government proposes 30% crypto mining tax appeared first on AMBCrypto.
2023-3-10 17:00 | |
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The President Joe Biden administration has proposed imposing a 30% electricity tax on crypto mining operations in the United States. The move is attracting severe criticism from industry players. Despite the unfavorable market conditions and FUD that have plagued the…
2023-3-10 16:24 | |
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A provision in the department’s “Greenbook,” its list of tax proposals and explanations for U.S. President Joe Biden’s budget proposal, would create a phased-in excise tax based on the costs of the electricity used in crypto mining, imposed on the companies “using computing resources” to mine cryptocurrencies.
2023-3-10 02:02 | |
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The tax would be phased-in at 10% per year over three years and covers electricity generated from both on and off-grid sources.
2023-3-10 01:46 | |
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The Biden administration has proposed a new tax on crypto mining, as seen in a 2024 budget plan published by the White House on March 9. The post Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners appeared first on CryptoSlate.
2023-3-10 01:19 | |
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While the report didn’t create any new regulations, it still serves as a foreboding message to bitcoin miners.
2022-9-22 02:20 | |
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The Biden administration is considering pushing for a ban on cryptocurrency mining should measures aimed at reducing carbon emissions and the intense use of electricity prove ineffective.
2022-9-13 00:28 | |
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The PoW mining sector is of interest to the Biden administration. The White House is getting ready to publish a report on blockchain mining, according to Costa Samaras, the Office of Science and Technology Policy’s (OSTP) principal assistant director for energy.
2022-7-4 18:51 | |
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An energy team of the White House is drafting a policy recommendations report to address issues concerning cryptocurrency mining’s energy consumption and emissions, according to a report by Bloomberg Law.
2022-6-3 22:00 | |
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A White House task force is currently examining the advantages and disadvantages of cryptocurrency mining with the aim of providing the Biden administration with appropriate policy recommendations. Appropriate Policy Responses...
2022-6-3 21:53 | |
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The Biden administration is reportedly crafting policies intended to lower energy consumption and emissions from bitcoin mining.
2022-6-3 16:46 | |
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Check out the latest news digest by U.Today!
2021-9-29 17:55 | |
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During Thursday’s Bitmain’s Digital Mining Conference Miami Mayor Francis Suarez concluded his speech by calling for the election of a Bitcoin President after Joe Biden.
2021-9-10 22:19 | |
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Ripple CEO Brad Garlinghouse is once again taking aim at Bitcoin (BTC) mining energy consumption, predicting that the changing political landscape in the United States may affect companies holding the largest crypto by market capitalization.
2020-11-11 21:00 | |
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Expanding to Ethereum will help GraFun capture newer audiences, tap into higher liquidity for meme issuances and increase the platform’s visibility among crypto traders.
Soccer player George Boyd made over 100 Premier League appearances and has now joined crypto ETF issuer Jacobi Asset Management as an ambassador.
Hyla Fund Management wants to become the Goldman Sachs of crypto. The firm plans on launching a new Latin America crypto fund as part of its strategy.
According to the team, the confirmation layer will be a critical piece of infrastructure for composability among layer-2 rollups, allowing for two networks to read and trust each other's blocks of transaction data.
Quinn Thompson, the founder of crypto hedge fund Lekker Capital, shared with CoinDesk why he was so confident Trump would win despite concerning polls.
The Crypto Council for Innovation (CCI) is taking in the Proof of Stake Alliance (POSA) as regulators worldwide increase their attention to stakings' role in digital assets, where hundreds of billions of dollars are on the line.
AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.