Biden’s 30% Bitcoin Mining Tax Plan Won’t Work: Marathon CEO Fred Thiel

Biden’s 30% Bitcoin Mining Tax Plan Won’t Work: Marathon CEO Fred Thiel

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In March, President Joe Biden released his annual budget proposal outlining his policy priorities for the coming year. With respect to the digital asset industry, the proposal touched upon crypto mining. Specifically, Biden called for a 30% tax on all electricity used to mine Bitcoin and other…

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