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Alternative Mining Algorithms Reap Higher Profits Than Bitcoin Mining in 2021


Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen significant profits. While bitcoin miners have been seeing daily profits rise, a great number of other mineable digital currencies are pulling in much...

Sichuan Energy Meeting Offers Glimmer of Hope for Bitcoin Miners


Th Xiluodu Dam and Hydroelectric Power Plant. Source: Adobe/contributor_aerial There appears to be a ray of positivity for Chinese Bitcoin (BTC) miners, after a meeting of energy stakeholders in the province of Sichuan appeared relatively sympathetic to the miners’ cause. Per a report from...

Musk Connects With Na Bitcoin Miners for Sustainability


After a disastrous week in the Bitcoin industry and hate messages for Elon Musk, the Tesla founder on his new tweet mentioned that he had a word with North American Bitcoin Miners. They committed to publishing planned renewable usage. This latest tweet from the Bitcoin backing giant helped to push...

Green Investments Help Bitcoin Miners Amid Possible Regulatory Crackdown


Regulators have been moving into multiple areas of the crypto industry, and they will – in one way or another – come after crypto mining powered by non-renewables, according to two miners that talked with Cryptonews.com. However, as the concerns, facts, and misinformation over Bitcoin (BTC)’s...

South Korea to Impose a 20% Tax on Crypto Mining Activities


The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published...

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