White House Council Reignites 30 Percent Tax on Crypto Mining

By CryptoNews - 11 months ago - Reading Time: 1 minutes

White House Council Reignites 30 Percent Tax on Crypto Mining

The White House is pushing to tax cryptocurrency miners to “pay their fair share” for the costs inflicted on local communities and the environment.
Electricity used in crypto-mining was similar to what is used to power all of the country’s home computers or residential lighting, the White House’s Council of Economic Advisers noted in a blog post published on Tuesday....
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Original source: CryptoNews