Is the US 30% Bitcoin mining tax dead?

In a significant turn of events, the controversial Digital Asset Mining Energy (DAME) excise tax was not included in the latest Fiscal Responsibility bill aimed at tackling the Debt Ceiling crisis.

This proposed 30% tax on energy costs for cryptocurrency miners drew widespread criticism from stakeholders within the crypto-mining sector and U.S. lawmakers. Thus, the news of the omission has been widely celebrated on Crypto Twitter, as it was perceived as a victory for the broader crypto industry.