Sen. Ted Cruz Introduces FLARE Act on Bitcoin Mining
Senator Ted Cruz has introduced the FLARE Act, which would grant permanent tax incentives to Bitcoin miners that use stranded natural gas, raising debates on crypto mining’s energy impact and emissions output. The post Sen. Ted Cruz Introduces FLARE Act on Bitcoin Mining appeared first on Cryptonews.
Read More...US Crypto Mining in Crisis? How Trump’s Liberation Day Tariffs Could Shake the Industry
Later today, US President Trump will celebrate what he refers to as Liberation Day by continuing with a tariff policy to reduce American reliance on foreign products. Depending on the severity of the tariffs, the domestic crypto-mining industry will suffer considerable losses.
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