PANews reported on October 20th, according to Decrypt. Last Friday, U.S. Democratic Representative Anna Kelles introduced Bill A9138 in the New York State Assembly and sent it to the Ways and Means Committee for consideration. The bill proposes imposing a consumption tax on electricity used by digital asset mining companies using proof-of-work authentication. It complements Senator Liz Krueger's Bill S8518. Both bills would require crypto miners to contribute to the New York State Energy Affordability Program based on electricity consumption. The specific tax rate is based on electricity consumption, with a tax exemption for up to 2.25 million kilowatt-hours, followed by a tax ranging from 2 to 5 cents per kilowatt-hour in various intervals. A9138 exempts mining facilities that are powered entirely by renewable energy and operate off-grid, to encourage sustainable development. The tax proceeds would be used directly for energy affordability programs. If passed, the tax would take effect on January 1, 2027. Both versions are currently under committee review.PANews reported on October 20th, according to Decrypt. Last Friday, U.S. Democratic Representative Anna Kelles introduced Bill A9138 in the New York State Assembly and sent it to the Ways and Means Committee for consideration. The bill proposes imposing a consumption tax on electricity used by digital asset mining companies using proof-of-work authentication. It complements Senator Liz Krueger's Bill S8518. Both bills would require crypto miners to contribute to the New York State Energy Affordability Program based on electricity consumption. The specific tax rate is based on electricity consumption, with a tax exemption for up to 2.25 million kilowatt-hours, followed by a tax ranging from 2 to 5 cents per kilowatt-hour in various intervals. A9138 exempts mining facilities that are powered entirely by renewable energy and operate off-grid, to encourage sustainable development. The tax proceeds would be used directly for energy affordability programs. If passed, the tax would take effect on January 1, 2027. Both versions are currently under committee review.
New York Democrats introduce companion bill for proof-of-work mining
PANews reported on October 20th, according to Decrypt. Last Friday, U.S. Democratic Representative Anna Kelles introduced Bill A9138 in the New York State Assembly and sent it to the Ways and Means Committee for consideration. The bill proposes imposing a consumption tax on electricity used by digital asset mining companies using proof-of-work authentication. It complements Senator Liz Krueger's Bill S8518. Both bills would require crypto miners to contribute to the New York State Energy Affordability Program based on electricity consumption. The specific tax rate is based on electricity consumption, with a tax exemption for up to 2.25 million kilowatt-hours, followed by a tax ranging from 2 to 5 cents per kilowatt-hour in various intervals. A9138 exempts mining facilities that are powered entirely by renewable energy and operate off-grid, to encourage sustainable development. The tax proceeds would be used directly for energy affordability programs. If passed, the tax would take effect on January 1, 2027. Both versions are currently under committee review.
Market Opportunity
Union Price(U)
$0.003227
$0.003227$0.003227
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058
Ethereum price predictions are turning heads, with analysts suggesting ETH could climb to $10,000 by 2026 as institutional demand and network upgrades drive growth. While Ethereum remains a blue-chip asset, investors looking for sharper multiples are eyeing Layer Brett (LBRETT). Currently in presale at just $0.0058, the Ethereum Layer 2 meme coin is drawing huge [...] The post Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058 appeared first on Blockonomi.
Share
Blockonomi2025/09/17 23:45
‘Primal’ Creator Genndy Tartakovsky Talks Zombified Season 3
The post ‘Primal’ Creator Genndy Tartakovsky Talks Zombified Season 3 appeared on BitcoinEthereumNews.com. A zombified Spear appears in Season 3 of Adult Swim’s
Share
BitcoinEthereumNews2026/01/15 06:04
‘Dr. Quinn’ Co-Stars Jane Seymour And Joe Lando Reuniting In New Season Of ‘Harry Wild’
The post ‘Dr. Quinn’ Co-Stars Jane Seymour And Joe Lando Reuniting In New Season Of ‘Harry Wild’ appeared on BitcoinEthereumNews.com. Joe Lando and Janey Seymour in “Harry Wild.” Courtesy: AMC / Acorn Jane Seymour is getting her favorite frontier friend to join her in her latest series. In the mid-90s Seymour spent six seasons as Dr. Micheala Quinn on Dr. Quinn, Medicine Woman. During the run of the series, Dr. Quinn met, married, and started a family with local frontiersman Byron Sully, also known simply as Sully, played by Joe Lando. Now, the duo will once again be partnering up, but this time to solve crimes in Seymour’s latest show, Harry Wild. In the series, literature professor Harriet ‘Harry’ Wild found herself at crossroads, having difficulty adjusting to retirement. After a stint staying with her police detective son, Charlie, Harry begins to investigate crimes herself, now finding an unlikely new sleuthing partner, a teen who had mugged Harry. In the upcoming fifth season, now in production in Dublin, Ireland, Lando will join the cast, playing Pierce Kennedy, the new State Pathologist, who becomes a charming and handsome natural ally for Harry. Promotional portrait of British actress Jane Seymour (born Joyce Penelope Wilhelmina Frankenberg), as Dr. Michaela ‘Mike’ Quinn, and American actor Joe Lando, as Byron Sully, as they pose with horses for the made-for-tv movie ‘Dr. Quinn, Medicine Woman: the Movie,’ 1999. (Photo by Spike Nannarello/CBS Photo Archive/Getty Images) Getty Images Emmy-Award Winner Seymour also serves as executive producer on the series. The new season finds Harry and Fergus delving into the worlds of whiskey-making, theatre and musical-tattoos, chasing a gang of middle-aged lady burglars and working to deal with a murder close to home. Debuting in 2026, Harry Wild Season 5 will consist of six episodes. Ahead of the new season, a 2-part Harry Wild Special will debut exclusively on Acorn TV on Monday, November 24th. Source: https://www.forbes.com/sites/anneeaston/2025/09/17/dr-quinn-co-stars-jane-seymour-and-joe-lando-reuniting-in-new-season-of-harry-wild/
Share
BitcoinEthereumNews2025/09/18 07:05