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Coinbase, Hut 8 and Other Crypto Stocks Rise as Bitcoin Surpasses $26K
17.3.2023
Bitcoin’s price is up 6% over the last 24 hours
Crypto mining in 2023 — Is it still worth it? Watch Market Talks
16.3.2023
Join us as we discuss whether cryptocurrency mining is still worth it in 2023 and all the latest updates regarding the mining industry
Today in Crypto: Europol Closes ChipMixer & Seizes BTC 1909, 'Surge in Cold Storage & ETH Layer 2 Usage' Post-FTX, Synalcom & Qori Enable Crypto Transactions for 20K Businesses in 'One Action'
15.3.2023
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: Europol Closes ChipMixer & Seizes BTC 1909, 'Surge in Cold Storage & ETH Layer 2 Usage' Post-FTX, Synalcom...
Crypto Winter Ends Era of Bitcoin Mining ‘HODLers’
15.3.2023
Bitcoin miners are no longer able or willing to hold onto all of their mined digital assets indefinitely
Accounting Platform Cryptio Partners With Protocol Labs to Help Filecoin Miners Go Public
14.3.2023
Filecoin miners will be able to generate accounting reports needed to pass their public company accounting oversight board (PCAOB) financial audits
Today in Crypto: Wirex & Novatti to Issue Cards to Australians, 280 Networks & $25BN at Risk Due to a Vulnerability, China’s 'Surveillance Coins' vs US 'Freedom Coins'
14.3.2023
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: Wirex & Novatti to Issue Cards to Australians, 280 Networks & $25BN at Risk Due to a Vulnerability...
Russian MP Calls for Gov’t to Hurry Crypto Mining Legalization – Here’s His Rationale
14.3.2023
A Russian lawmaker has called for the legalization of crypto mining – and has claimed that bringing mining out of a “grey” legal sphere as soon as possible will benefit both miners and the government.
The comments came from the MP Sergei Malikov, a member of the Moscow Regional Duma, where...
Report: Egyptian Police Arrest 29 Alleged Masterminds of Crypto Mining App Scam
14.3.2023
The Egyptian police are reported to have recently arrested 29 individuals associated with the Hoggpool cryptocurrency mining app scam. In addition to seizing 95 mobile phones and 3,367 SIM cards, the police said domestic and foreign currency valued at $194,000 was recovered during the arrests....
Bitcoin Miner Stocks Surge Amidst Banking Meltdown
13.3.2023
Mining equities were up about 17% on average, along with the price of bitcoin
Bitcoin Miner Marathon Says It Still Has Access to $142M at Signature Bank
13.3.2023
Marathon terminated a credit facility with Silvergate last week
Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block reward
13.3.2023
The act of mining a valid BTC block solo is so rare that the event has occurred only 270 times out of the 700,000 blocks produced in the last 13 years
Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation
12.3.2023
A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurrencies with imprisonment and hefty fines. Forced...
Crypto Biz: Silvergate shutting down, Alameda suing Grayscale
10.3.2023
Negative headlines surrounding Silvergate dragged Bitcoin's price below $20,000. Meanwhile, bankrupt Alameda is planning to sue Grayscale and its parent company DCG
Crypto Mining Firms Targeted: U.S. Treasury Proposes 30% Tax on Electricity Costs
10.3.2023
Crypto mining firms based in the United States could be subject to a 30% tax on electricity costs under a new budget proposal aimed at reducing mining activity.
According to a March 9 supplementary budget explainer paper by the Department of the Treasury, any firm using owned or rented mining rigs...
'Bad batch' or flawed design? Compass Mining flags problems with new ASIC miners
10.3.2023
The Bitcoin mining company is stumped as to why Bitmain changed the design of the S19 Antminers
U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms
10.3.2023
A provision in the department’s “Greenbook,” its list of tax proposals and explanations for U.S. President Joe Biden’s budget proposal, would create a phased-in excise tax based on the costs of the electricity used in crypto mining, imposed on the companies “using computing resources” to mine...
Biden budget proposes 30% tax on crypto mining electricity usage
9.3.2023
The tax would be phased-in at 10% per year over three years and covers electricity generated from both on and off-grid sources
Bitcoin Miner Hut 8 Talks Operational Issues and USBTC Merger in Earnings Call
9.3.2023
The Canadian mining firm has pulled 7,000 machines from a site due to litigation and is troubled by "electrical issues" at another site
ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use
9.3.2023
Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary...
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
8.3.2023
The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral