Opinion
Biden wants to impose a new 30 percent tax on the electricity that Bitcoin miners are using — regardless of how it's sourced. That means many will move abroad.
Isaac Schick
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Isaac Schick is a policy analyst with the American Consumer Institute, a nonprofit research organization based in Washington, D.C. He holds a master’s degree in public policy from California Polytechnic State University.
Biden's mining tax is the least sensible part of his 2025 budget proposal
