Home Finance Crypto news The U.S. Government Seems to Be Closing in on Bitcoin Mining

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

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

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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.”

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