{"id":135682,"date":"2024-08-16T15:30:43","date_gmt":"2024-08-16T12:30:43","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135682"},"modified":"2024-08-16T13:05:45","modified_gmt":"2024-08-16T10:05:45","slug":"imf-proposes-major-electricity-tax-hike-for-crypto-miners","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/imf-proposes-major-electricity-tax-hike-for-crypto-miners\/","title":{"rendered":"IMF Proposes Major Electricity Tax Hike for Crypto Miners"},"content":{"rendered":"

This proposal<\/a><\/strong> aims to help reduce the environmental impact of crypto mining, which has been exacerbated by recent events such as Bitcoin\u2019s<\/a><\/strong> April halving, pushing miners to improve efficiency.<\/p>\n

The IMF estimates that such a tax could add $5.2 billion to government revenues worldwide and cut global carbon emissions by 100 million tonnes, roughly equivalent to Belgium\u2019s emissions. However, there is concern that this measure may be less effective if miners relocate to regions with lower electricity costs.<\/p>\n

In addition, the IMF has put forward a specific electricity tax for AI data centers. This tax would be $0.032 per kilowatt-hour (kWh), or $0.052 per kWh including air pollution costs, potentially generating $18 billion in annual revenue. The tax rate for AI centers is lower because these facilities generally use cleaner energy sources.<\/p>\n