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Russian Ministry wants to legalize Bitcoin mining in specific areas
15.2.2022
The proposal aims to recognize crypto mining as a commercial activity and introduce taxes on its realized profits
Mods Accused of Bitcoin Mining, Viruses Removed From Steam
15.2.2022
Over the last few days, a series of mods for the PC strategy game Cities: Skylines have been removed from Steam after users began fearing that they contained all kinds of nasty stuff, from keyloggers to viruses to bitcoin mining software.Read more
Are we misguided about Bitcoin mining's environmental impacts? Slush Pool's CMO Kristian Csepcsar explains
14.2.2022
In one instance, Bitcoin miners are helping oil companies cut flaring by using generators running on natural gas that would otherwise be burned into the atmosphere
Two Texans Use Flare Gas to Net USD 4M on Bitcoin Mining, Plan USD 20M in 2022
14.2.2022
Two Texan 23-year-olds have use an alternative way to mine Bitcoin (BTC), using flare gas from oil drilling, generating USD 4m in revenue last year, and eyeing USD 20m by the end of 2022....
Read More: Two Texans Use Flare Gas to Net USD 4M on Bitcoin Mining, Plan USD 20M in 2022
Crypto miners exempt from IRS reporting rules, US Treasury affirms
14.2.2022
The U.S. Treasury affirmed that crypto miners and wallet operators are exempt from the IRS reporting rules, preparing appropriate regulations
4 factors to consider when choosing an industrial-scale Bitcoin mining location
13.2.2022
BTC mining is an exciting and fast-scaling industry to be a part of. Just make sure that you set your roots down in the right place
Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s
13.2.2022
The network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in just one day, further ensuring resilience against attacks on the Bitcoin network
The world's first and oldest Bitcoin mining pool has mined nearly 1.3 million BTC since inception
11.2.2022
Over 15,000 users, mainly small individual miners, are part of the still-growing Braiins (Slush Pool) ecosystem
Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard
11.2.2022
Sustainable Bitcoin mining gets a boost from the joint venture between mostly hydro-powered BTC miners Merkle Standard and infrastructure provider Bitmain
Crypto Biz: Wall Street is marketing Bitcoin for us, Feb. 3-9
11.2.2022
Big banks continue to explore Bitcoin and cryptocurrency’s long-term value proposition after shunning the asset class for years
Sustainable Bitcoin miner uses waste heat to dry wood
11.2.2022
Not only does one Norwegian Bitcoin miner boast 99% renewable energy stats but it’s even using waste heat to dry out timber and soon seaweed
Living on a volcano: The outlook of El Salvador’s crypto mining industry
10.2.2022
El Salvador’s crypto mining potential is there but it will take some time and effort to come to fruition
Kazakhstan President Orders Government to Find All Miners and Raise Tax by April
10.2.2022
President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted....
NYC Mayor Supports 'Crypto But Not Crypto Mining,' While Billionaire Bashes BitLicense
10.2.2022
The US Mayor who became known in the Cryptoverse as a Bitcoin (BTC) supporter and industry ally is now opposing crypto mining, citing high energy consumption. Meanwhile, a billionaire urges the state to get rid of BitLicense "right away."...
Read More: NYC Mayor Supports 'Crypto But Not Crypto...
Merkle Standard Chosen as Launch Customer, Orders 4,449 of Newest BITMAIN 188 TH/S S19 + “Hydro” Mining Rigs
10.2.2022
PRESS RELEASE. (Irvine, February 9, 2022) – Sustainable Bitcoin mining company Merkle Standard has executed a purchase order for the high-performance, liquid-cooled mining rigs from Bitmain Technologies Ltd. The leading ASIC hardware provider will supply 4,449 of new S19 Pro + Hydro machines...
Billionaire Bill Ackman calls for crypto clarity in New York
10.2.2022
Billionaire Bill Ackman has called upon the city authorities to ensure that more innovators don’t migrate because of the regulatory hurdles
Senator Rages Over Bitcoin's Less Than 0.08% Carbon Footprint
10.2.2022
The environmental impact of Bitcoin (BTC) and crypto mining took center stage during a hearing on digital assets in the US Senate’s Committee on Agriculture on Thursday, as some senators voiced concerns over the “astonishing” energy usage associated with mining. As reported, the Bitcoin mining...
Polish Miner Commercializes Tech Using Solar Panels To Mine Bitcoin, Heat Houses
9.2.2022
Determined to reduce the carbon footprint of his Bitcoin (BTC) mining operations and cut his electricity bill, Polish miner Paweł Wojciechowski started using photovoltaic (PV) modules to mine the crypto, allocating the excess heat to warm the water in his household. Amid surging demand for...
No precedent: IRS court settlement doesn't clarify crypto staking taxes
8.2.2022
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression
Simple math says Russia could collect up to $13B in crypto tax each year
8.2.2022
The analytic note mentioned that the estimates are purely an overview and based on a basic tax slab of 6%, which would be quite different once regulations are set in place