“The rise in vitality consumption attributable to the expansion of digital asset mining has adverse environmental results and may have environmental justice implications in addition to improve vitality costs for those who share an electrical energy grid with digital asset miners,” in keeping with the doc. “Digital asset mining additionally creates uncertainty and dangers to native utilities and communities, as mining exercise is very variable and extremely cellular. An excise tax on electrical energy utilization by digital asset miners might cut back mining exercise together with its related environmental impacts and different harms,” the doc added.
