Think it’s more likely that miners fight the tax. Win in the Supreme Court if it goes that far - or every data center gets taxed. Goby’s big tech Allie’s get real angry when you tax their cloud data centers simply for operating.

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*Govt’s big tech allies

that’s an interesting point. it does seem questionably constitutional to impose a tax on a private activity of a good that has already been paid for. the economic transaction in question is for “power” not “hashing”.

I realise, btw, that trying to be reasonable about this is probably the wrong approach, but it at least makes me feel warm and fuzzy.