Biden's DAME Mining Tax is an Attack on Bitcoin



The White House Council of Economic Advisors yesterday announced the Digital Asset Mining Energy (DAME) excise tax. The proposed 30% tax on “cryptomining” would be a soft ban on mining in the USA according to crypto industry experts.

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“The Breakdown” is written, produced and hosted by Nathaniel Whittemore aka NLW. Research is by Scott Hill. Editing is by Rob Mitchell and Kyle Barbour-Hoffman. Our theme music is “Countdown” by Neon Beach.

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The Utter Folly of Biden's Proposed Bitcoin Mining Tax



Today on Long Reads Sunday, NLW reads Nic Carter’s “The White House’s Bitcoin Mining Tax Undermines Itself”

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The Government Game Plan: Call Ether a Security, Tax the Crap Out of Bitcoin Mining



What a week. On this edition of the “Weekly Recap,” NLW updates on the Silicon Valley Bank situation, discusses the New York Attorney General’s lawsuit against KuCoin that claims ether is a security and looks at the Biden Administration’s plan to lay a 30% excise tax on energy used for crypto mining.

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