NY Crypto Mining Tax: A Bill to Hike Rates

New York crypto miners could face new taxes based on electricity use! A new bill proposes a tiered tax system for miners consuming over 2.25 million kilowatt-hours annually, potentially driving them out of state. Will this push for green energy succeed, or just send crypto businesses packing? Find out how this could impact the future of crypto mining in the Empire State.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.