Mining Taxes Can Ultimately Centralize Power Into the Hands of a Small Group of Devs, While Causing Community Splits and Price Devaluation Along the Way

The newest disturbing trend in the crypto space is mining taxes, which are essentially a percentage tax levied on mining revenue in order to support a development fund. The major cryptocurrencies Bitcoin Cash (BCH) and Zcash (ZEC), which have market caps of $6.85 billion and $540 million respectively, both proposed mining taxes this week. The… Read more

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