Bitcoin mining is a very polarizing subject in the US of America and has drawn significant fury from the Biden organization. Biden administration ponders tough new taxes on Bitcoin mining Due to its high energy consumption, Bitcoin mining has frequently received harsh criticism from governments. The most recent instance is the proposal by the Joe Biden administration to levy severe taxes on Bitcoin mining. As per reports, the duty being referred to is known as the Digital Asset Mining Energy Excise Tax (DAME). The administration included a proposal for it in its 2024 fiscal year budget. The proposal calls for The post Crypto Tax Opposes By Senator Cynthi Lummis appeared first on Cryptoknowmics-Crypto News and Media Platform .