Odaily Planet Daily News 🌍 Brian Morgenstern, public policy director of Bitcoin mining company Riot Platforms, revealed how the Biden administration's Operation Chokepoint 2.0 affects the Bitcoin mining industry. Morgenstern pointed out that this policy is similar to de-banking efforts and aims to "cut off" miners' energy supply. He called for an investigation into government overreach. ⚖️

The action against crypto mining began in 2022, when the Biden administration released a white paper on central bank digital currency (CBDC) proposing to restrict or cancel Bitcoin mining. 💡 The government also plans to impose a 30% tax on energy used by miners and require comprehensive energy audits. 🔍

Despite the challenges, Bitcoin still shows strong vitality and appeal. 🚀