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Georgia becomes latest US state to weigh tax incentives for Bitcoin miners

Legislation filed earlier this week indicates that George is the latest US state to consider potential tax incentives for cryptocurrency miners that operate in the state. Georgia House Bill 1342, filed on February 14, aims to “exempt the sale or use of electricity used in the commercial mining of digital assets.” The bill was introduced by a quintet of Republican state lawmakers.  The focus on sales and use taxes mirrors the approach taken last year by Kentucky, which passed a …