Work is defined as force applied over a distance. Whenever work is done, energy is consumed. Therefore work is simply the consumption of energy in a valuable way. Any intervention that attempts to limit the use of energy as a primary goal is fundamentally anti-work. Think how suicidal it is to tax energy usage. It is essentially a war on work. Work is energy consumed to produce value. A war on work will simply accelerate the downfall of the American empire by penalizing those who use energy to produce value. It won't hurt Bitcoin, which will move elsewhere.

30% tax means major exodus of mining from the US to other jurisdictions, AND major expansion of decentralized off-grid power sources. Bullish for Bitcoin long-term, and energy production. Might see hashrate drop in the short term though.