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Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?
3.6.2023
References to the tax were removed from the U.S. debt bill, but that doesn’t mean it’s gone for good
Cathedra Bitcoin Unveils Plans for Off-Grid Bitcoin Mining in Texas
3.6.2023
On Friday, Cathedra Bitcoin Inc. announced a partnership with 360 Mining, revealing plans to deploy mobile data centers and application-specific integrated circuit (ASIC) bitcoin miners at 360 Mining’s off-grid location in Texas. 360 Mining and Cathedra Bitcoin Announce Texas Bitcoin Mining...
Evertas expands crypto insurance offerings to include mining and raises limits
2.6.2023
Crypto insurance underwriter Evertas will increase coverage limits to $420 million per policy while adding additional mining coverage
Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software
2.6.2023
The miner's bitcoin production per unit of computing power was low in April
Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining's Texas Site
2.6.2023
Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site
Quantum Computing Meets Blockchain: Scientists Propose New Version of Proof of Work Consensus – Future of Crypto?
2.6.2023
A newly published research paper from a team of researchers from Australian and American universities, in collaboration with quantum technology company BTQ, has proposed a new approach to the proof-of-work (PoW) consensus mechanism based on boson sampling.
The proposed proof-of-work system, known...
Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport
2.6.2023
Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said
Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed
2.6.2023
Cryptocurrency miners in Russia have extracted digital currencies for around $700 million last year, according to a state-run fintech entity. However, the growing industry remains unregulated with the government having postponed the adoption of the respective legislation once again. Russian Crypto...
Bitcoin mining firms keep building despite BTC mining profitability slump
2.6.2023
Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs
Cleanspark Bolsters Hashrate With $40.5M Purchase of 12,500 Bitcoin Miners
1.6.2023
On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per second (EH/s). Acquisition to Boost Cleanspark’s...
Bitcoin Miners Gain Support From Texas With Two Bills Passed, One Halted
1.6.2023
Two bills that will seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at committee
Today in Crypto: EU Has Option to Deem All Crypto as Securities by Default, Georgia to Launch Mandatory Supervision of VASPs, Bitget is the 'First Exchange' to Support an EVM-Compatible Address
1.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: EU Has Option to Deem All Crypto as Securities by Default, Georgia to Launch Mandatory Supervision...
Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion
1.6.2023
On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by 27.15% from the low of $65.43 billion reached...
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
1.6.2023
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller
Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion
31.5.2023
On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an unparalleled 51.23 trillion. Bitcoin Mining...
Washington Ignored Crypto for Now. That’s Good for Bitcoin.
31.5.2023
A huge tax on BTC miners didn’t make it into a deal to resolve the battle, and a separate provision might actually (unintentionally) help them
Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank of India Deputy Governor Recommends All Banks Adopt Blockchain & AI
31.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank...
Crypto Exchange Bybit Granted In-principle Approval to Operate in Kazakhstan
31.5.2023
Cryptocurrency exchange Bybit has received an in-principle approval to work in Kazakhstan, a jurisdiction increasingly seen by crypto companies as a gateway to the former-Soviet space. The trading platform wants to expand its presence in the region and other emerging markets. Bybit on Route...
Bitcoin Mining Set to Hit New Record High – What’s Driving the Surge?
30.5.2023
The Bitcoin mining difficulty is about to be adjusted to a fresh record high, reflecting a continued rise in the number of mining machines competing to secure the network.
According to data presented by CoinWarz.com, the BTC mining difficulty will be lifted from its current level of 49.55 trillion...
Tether Expands: Stablecoin Issuer Announces Sustainable Bitcoin Mining Project in Uruguay
30.5.2023
After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining operations in Uruguay.” Tether has partnered with...