The Biden administration has reiterated its pressure for a new tax that would subject Bitcoin (BTC) and cryptocurrency miners to an energy consumption tax of 30% of their energy consumption.
Council of Economic Advisers (CEA) In a blog post published by the official website to the White House on May 2, crypto currency mining to energy consumption And to the environment the one which… negative effects minimize within the scope of its work bitcoin and cryptocurrency of miners energy consumption 30% of much energy consumption tax payments suitable seeing app statements in support found.
The council currently agrees that cryptocurrencies caused by miners high energy consumption in their local environment quality of life, energy consumption And adverse global climatic conditions. expressed his opinion on the impact.
Cryptocurrency mining similar in quantities power consuming other to sectors compared to local or a national economic you don’t benefit underlining CEA, Digital Asset Mining Energy (DAME) tax called tax right One cause implied he had it.
The council considers the current status of cryptocurrency miners local environmental pollution, high energy costs And increased greenhouse gas emissions to the environment, such as negative economic responsibility for the effects full aspect not loaded drew attention.
Moreover sun And hydroelectric like renewable using energy sources of miners other electrical users non-renewable to use energy resources that you push expressing CEA, their similar responsibilities He said he was carrying.
On the other hand, the article is written by crypto money ecosystem actors. to intense criticism exposed. Tom Mapes, Energy Policy Director, Digital Chamber of Commerce In a statement on the subject, he said that the administration’s cryptocurrency mining ecosystem trying to limit expressed.
Biden management DAME tax for the first time March 9 presented on the 2024 discussed in the budget proposal.