ππ°π³π΅πΊππΈπ° on Nostr: Proposed US bill taxes cryptominers' electricity consumption The Digital Asset Mining ...
Proposed US bill taxes cryptominers' electricity consumption
The Digital Asset Mining Energy excise tax β DAME for short β would require firms to pay a tax equal to 30 percent of the electricity bill consumed by computers used to make digi-dollars after a phase-in period that begins at the start of 2024.
In 2024, firms engaged in digital asset mining would pay 10 percent of their bill in tax, before the rate rises to 20 percent in 2025 and hits 30 percent in 2026.
https://www.theregister.com/2023/05/04/us_crypto_electricity_bill_tax/
The Digital Asset Mining Energy excise tax β DAME for short β would require firms to pay a tax equal to 30 percent of the electricity bill consumed by computers used to make digi-dollars after a phase-in period that begins at the start of 2024.
In 2024, firms engaged in digital asset mining would pay 10 percent of their bill in tax, before the rate rises to 20 percent in 2025 and hits 30 percent in 2026.
https://www.theregister.com/2023/05/04/us_crypto_electricity_bill_tax/