Don't Worry About the 30% Crypto Mining Electricity Tax Thing -

The Biden Administration Budget Proposal is not going to increase your electricity bill by 30%. There is a lot of fear being posted on twitter and other social media and it has been taken out of context and blown out of proportion.

The budget proposal is just that, a PROPOSAL. The president does not set the budget, congress does, and in addition - our congress is divided, which means theyre not going to agree on anything.

Republicans wont add new taxes, and democrats cant add new taxes without the cooperation of the republican house. So there is literally nothing to worry about until 2024 when suddenly weve got the halving to worry about and then we'll have a lot to worry about all at once :)

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