Digital Asset Mining Energy

Large-Scale Crypto Mining Consumes 2% of US Electricity
Large-Scale Crypto Mining Consumes 2% of US Electricity
February 04, 2024  |  Cryptocurrency

How much energy does cryptocurrency mining consume in the U.S.? A recent analysis by the Energy Information Agency (EIA) estimates that large-scale cryptocurrency operations consume more...

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Biden Proposes 30% Crypto Mining Tax to Offset Environmental Cost
Biden Proposes 30% Crypto Mining Tax to Offset Environmental Cost
May 03, 2023  |  Cryptocurrency

The White House wants to tax crypto mining to offset the “harm” the practice causes. The Digital Asset Mining Energy (DAME) excise tax, proposed in...

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