In a recent report, Senator Cynthia Lummis, a vocal advocate for cryptocurrencies, has raised concerns over President Biden's proposed mining tax. Lummis argues that the tax would have a detrimental impact on the industry, citing the high energy consumption of Bitcoin mining, comparing it to household appliances like tumble dryers. The senator's report highlights the potential consequences of such a tax on the rapidly growing crypto market and calls for further discussion and analysis before implementing any policy changes.