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Nalezeno "US Bitcoin Mining": 3239

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

Google Cloud to detect crypto-mining malware on virtual machines

7.2.2022
Bad actors using malware to steal GPU power to mine crypto will have to up their game to deal with Google Cloud's latest security protocol

Nasdaq will list Valkyrie’s ETF linked to Bitcoin mining firms on Feb. 8

7.2.2022
At least 80% of the investment's net assets are through securities that “derive at least 50% of their revenue or profits” from Bitcoin mining

The Miner Capitulation Number: A Look at When Bitcoin’s Price Crashed Below the Cost of Production

7.2.2022
Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s high, making bitcoin less profitable to mine. However...

US Senator Ted Cruz Bought the Bitcoin Dip, Discloses BTC Purchase Worth up to $50K

7.2.2022
U.S. Senator Ted Cruz has declared his bitcoin purchase worth up to $50,000. “I’m also particularly proud that my home state, Texas, is becoming an oasis for the blockchain community, for bitcoin miners, for innovators and entrepreneurs in the crypto world,” said the senator....

A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device

5.2.2022
The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly-listed company called Sphere 3D has detailed that it purchased 60,000 Numiner NM440 mining rigs...

Profitability makes crypto mining more expensive in Argentina

4.2.2022
The government says that mining “presents challenges to the infrastructure of the concession area to which they are connected.”

Crypto miner in Texas shuts down 99% of operations as winter storm approaches

2.2.2022
"We are taking proactive measures to shut down operations, shed load, and create additional capacity in response to ERCOT's needs should it be necessary,” said the Texas Blockchain Council on behalf of mining firms

Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2

2.2.2022
During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows...

Russian region struggles to keep up with Bitcoin mining energy demands

2.2.2022
A local energy distributor is working to recover about $800,000 from illicit cryptocurrency miners in Irkutsk Oblast

New York gubernatorial candidate calls for moratorium on proof-of-work mining

1.2.2022
Politicians and activists have often targeted crypto mining operations around Seneca Lake due to the presence of Greenidge Generation's plant

Russia houses $200B worth of crypto, Kremlin estimates

1.2.2022
According to data from TASS news services, Russians owned nearly 5 trillion rubles worth of cryptocurrencies by December 2021

Another solo Bitcoin miner solves valid block, making it fourth in 2022

1.2.2022
A 'whale' solo Bitcoin miner with a whopping 1.14PH/s computing power solved a valid block on Tuesday

US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis

1.2.2022
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high energy usage and carbon emissions associated with bitcoin mining could undermine our hard work...