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New York Senate Bill S8518: Electricity Tax Targets Bitcoin Miners with Steep Costs

New York Senate Bill S8518: Electricity Tax Targets Bitcoin and Crypto Miners New York lawmakers are dropping a bombshell on cryptocurrency miners with Senate Bill S8518, a proposal to slap a tiered excise tax on their electricity usage. Spearheaded by Senator Liz Krueger and Assemblymember Anna Kelles, this legislation seeks to curb climate impact and […]

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