The U.S. Government Seems to Be Closing in on Bitcoin Mining

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<p>For instance, the justification for the emergency order, granted by the Office of Management and Budget, was the recent crypto price rally, which saw bitcoin climb over 50% in a matter of months, which the EIA said would “incentivize more cryptomining activity, which in turn increases electricity consumption.”</p>
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<br /><a href="https://www.coindesk.com/consensus-magazine/2024/02/02/the-us-government-seems-to-be-closing-in-on-bitcoin-mining/?utm_medium=referral&amp;utm_source=rss&amp;utm_campaign=headlines">Source link </a></p><p>The post <a href="https://forextraderhub.com/the-u-s-government-seems-to-be-closing-in-on-bitcoin-mining.html">The U.S. Government Seems to Be Closing in on Bitcoin Mining</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>