News for hackers. Stuff that matters.

A comment on Biden proposes 30% tax on crypto mining. Parent comment

Re:Biden proposes 30% tax on crypto mining by dboreham on Monday March 11, 2024 @09:06PM (#39675009)
> 30% excise tax on electricity costs associated with crypto mining

Curious how you measure that electrons are flowing towards silicon calculating hash functions but only hash functions where the output is not used 99.99% of the time but once in a while goes into a bitcoin block.

[ Parent | on HN ]
Re:Biden proposes 30% tax on crypto mining by throwaway345353 on Monday March 11, 2024 @09:23PM (#39675152)
I imagine it's like how weed grow houses don't have snow on the roof in winter, it's kind of hard to hide a MW scale bitcoin mining operation.
[ Parent | on HN ]