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New York Targets Bitcoin Mining With Proposed Tax Hike Bill

New York Targets Bitcoin Mining With Proposed Tax Hike Bill Authored by Frank Corva via BitcoinMagazine.com, Yesterday, two members of the New York State (NYS) Senate introduced Senate Bill 8518 (S8518), which imposes excise taxes on digital asset mining using the proof-of-work consensus mechanism, ......

Source: Zero Hedge

Original URL: https://www.zerohedge.com/crypto/new-york-targets-bitcoin-mining-proposed-tax-hike-bill