U.S. crypto miners face uphill battle amid proposed tax



The White House's newly proposed tax on cryptocurrency mining, which addresses the impact it has on energy and the environment, has sought to regulate the industry.

However, this sentiment was not shared by many crypto miners at a recent conference in Miami, as this move by the White House is seen as an attempt to limit profitability and weaken the industry.

CGTN’s Nitza Soledad Perez has the story from Miami, where industry leaders recently met up to discuss their work.