Senator Cynthia Lummis opposed the Biden administration's proposed 30% tax on Bitcoin miners! 💡
- Lummis stated that this tax could negatively affect the Bitcoin mining industry in the USA.
- He drew attention to the miner migration that China experienced after the ban: "The USA may also experience a similar migration."
- Argued that Bitcoin mining could strengthen energy grids.
- In Texas, miners supported the grid when energy demand peaked.
How do you think this tax will affect the industry? Let's discuss in the comments! 💬#Bitcoin#Crypto
Source: CryptoPotato