The US presidential administration will force miners to give almost a third of profit to the state budget – Bits Media

Council of Economic Consultants under the President of the United States (CEA) proposed to introduce a thirty percent miner tax tax, To prevent them from spoiling the climate.

The Council proposed to introduce tax in stages for three years, beginning with 10% next year. IN 2025 increase the year order to 20%, and then to 30%. Expected, that the proposed mining tax of cryptocurrencies will replenish the treasury of the state approximately $3,5 billion for ten years. Thanks to Dame, miners will be better aware of the harm, which they apply to society, They think in the CEA.

The CEA was explained, that high electricity consumption by miners has a negative impact on the environment, electric networks and even on the quality of life of people. At the same time, mining farms are scattered throughout the country. CEA claims, that mining companies increase greenhouse gas emissions into the atmosphere, Due to their activities, electricity prices increase, At the same time, compensation for the damage is not charged from miners.

In September last year, the White House published a report, according to which cryptocurrency miners use more energy, than all of Australia: from 0,9% to 1,7% total electricity consumption of all United States.

Head of the Energy Policy Department of Digital Trade Chamber Tom Maps (Tom Mapes) considers, that the introduction of tax will be another way of pressure from the authorities on the industry, which officials consider the threat.

“The US authorities simply do not like this industry, And they are looking for any ways, To cut her wings ", - expressed a crypto enthusiast.

Economist James Brogel (James Broughel) criticized the offer of the White House, Counting, what would be wiser to tax the emissions of greenhouse gases from cryptocurrency mining, and not the use of electricity. It makes no sense to force the company to pay tax, If they use renewable energy sources, The brogeel is outraged.

Earlier, Microstrategy founder Michael Seilor (Michael Saylor) He supported the miners, stated, that they reduce the accounts of citizens for electricity and use excess energy, which would be spent in vain.