Since its inception in 2009, Bitcoin, as well as the succeeding cryptocurrencies, have generated controversy. Throughout the world, the majority of nations are attempting to establish rules and regula...
Tag: Miners
Taxes and levy on crypto price and miners in Kazakhstan soon
Crypto miners will have to pay higher taxes as per the public authority of Kazakhstan The planning to build the taxation rate had been going on for quite some time now The experts in Nur-Sultan acce...
Kazakhstan to Introduce New Tax Regime for Bitcoin Miners
The government of Kazakhstan is currently working on increasing the taxes on cryptocurrency mining, while expressing its intent to tie the new rate to the value of the minted cryptocurrency. In a rece...
Kazakhstan Bitcoin miners could be subject to increased taxes
After China banned Bitcoin mining activities, Kazakhstan became the ideal location for migrating miners. However, the regulatory environment in the country is changing, and it could discourage more mi...
BAKED AVAX smart contract promises up to 8% ROIs for miners
BAKED AVAX is a DeFi Ecosystem created to provide generational wealth and passive income. Giving you the control and power back of your finances. Created by people for the community. The miner daily R...
Bitcoin Miners Receive Third Break This Year, Over 100K Blocks To Go Until The Halving
Bitcoin miners are celebrating the third break this year as their computational power increased due to a decrease of 1.26% in difficulty. This means that they will be able to mine more Bitcoins, and w...
Once Crypto Bill Passes In Russia: Only Industrial Miners Would be Allow To Mine Bitcoin & Crypto
The main leaders who are in charge of crypto legislation in Russia have proposed that after the country discloses its long-awaited legislation for crypto and Bitcoin then only the industrial miners wo...
Texas Enforces New Rules for Crypto Miners
Crypto miners in Texas must get approval from ERCOT to connect their rigs to the state’s power grid. Texas Requires New Permissions Before Crypto Can Be Mined It has come to the attention of the crypt...
China: Bitcoin miners under attack
More mining farms and nearly 4,000 machines for mining Bitcoin and cryptocurrencies using the PoW protocol have been seized in China. Seizures of Bitcoin mining machines continue in China About 4,000...
Fake Tesla Release Sends Lithium Miner’s Stock on a Wild Ride
(Bloomberg) — Shares of Lithium Corp. whipsawed on Wednesday after an inauthentic press release circulated claiming electric-vehicle giant Tesla Inc. had acquired the Nevada-based miner. Most Re...
Marathon’s Thiel Says Company Not for Sale, as M&A Chatter Picks Up Among Crypto Miners
The potential cash crunch means opportunity for those with capital, said Bitfarms’ Morphy. “A lot of companies that were looking for SPACs and IPOs to fund their growth have not taken place. As ...
On-chain Data Suggests Bitcoin Miners Were Behind The Selloff
On-chain shows Bitcoin miner outflows have been elevated recently, suggesting miners were involved in the recent selloff that took the price of the crypto below $42k. Bitcoin Miner Outflows Spiked Up ...
Ethereum Miners Continue To Surpass Bitcoin Miners In Revenue
Ethereum Miners Continue To Surpass Bitcoin Miners In Revenue Ethereum miners continue to outpace bitcoin miners in terms of revenue. The second-largest cryptocurrency by market cap has now proven tha...
China Cracks Down On Illegal Bitcoin Miners; Seizes Over 3500 Rigs
China is known for being very vocal against the use of cryptocurrency and its mining. Once a Bitcoin mining powerhouse, the country is now cracking down on crypto by seizing equipment and raising elec...
Seven times Bitcoin miners made the world a better place
What do a swimming pool, beef jerky, a caravan, timber, animal waste, a Guatemalan lake and a high school have in common? They’ve all been saved by Bitcoin (BTC) mining. From reusing “waste” heat to ...
Data Shows Bitcoin Miners Have Sold Big Recently
On-chain data suggests Bitcoin miners seem to have dumped big recently as their outflow has spiked to the largest value since more than a year ago. Bitcoin Miner Outflows Have Observed A Large Spike R...
Big Crypto Miners Are Shifting Towards Europe, Middle East; Here’s Why
Major crypto miners in North America are looking to expand into regions with more power resources and less regulatory pressure. At the Bitcoin Conference 2022 in Miami on Thursday, crypto miners such ...
Are crypto miners taking the lion’s share?
Over the last couple of years, the world has been grappling with the lack of semiconductors, which are the substances that conduct electricity between metals and isolates. The most famous semiconducto...
Miners utilizing Norway’s renewable energy to reduce Bitcoin’s carbon footprint
Bitcoin miners in Norway run their operations solely on renewable energy thanks to the country’s climate-conscious industry, according to a report by Arcane Research. Miners in the country also benef...
Marathon is shifting its bitcoin miners to some new locations from Montana
Cryptocurrency mining, especially bitcoin mining mostly being targeted due to energy consumption and environmental issues; sometimes resulting in relocations of miners One of the leading digital...
Bit Digital Signs Partnership with BitMine to Host 7,000 ASIC Miners
Bit Digital, a Bitcoin mining firm headquartered in New York, announced on Tuesday that it has signed a letter of intent with BitMine Immersion Technologies, a digital asset mining firm based in Georg...
Don’t Expect U.S. Miners to Replace Russian Coal in Europe
(Bloomberg) — U.S. coal miners including Peabody Energy Corp. are surging as the European Union proposes banning imports of the fuel from Russia. But it will be difficult, if not impossible, for...
A State Senator Is Pushing to Attract Bitcoin Miners to Oklahoma
The bill proposes a sales tax exemption for miners that would apply to their utility bills. If passed, Oklahoma would tax crypto mining operations “in a manner similar to historical forms of manufactu...
Norway’s BTC miners rely 100% on renewable energy
Over the years, there has been intense debate about the energy consumption of Bitcoin mining activities. However, Bitcoin (BTC/USD) supporters have argued that mining the coin could incentivize the re...
Tax incentives for Bitcoin miners in Oklahoma and other states
Bitcoin miners will now have tax benefits in the State of Oklahoma Commercial mining operations aim to reduce expenditure on hardware Development and expansion of new and advanced technology is the ...
Crypto miners strike gold in Oklahoma as state introduces new tax incentives
Oklahoma lawmakers are in the final stages of introducing legislation that would make the state the new cryptocurrency mining hub in the U.S. Called the “Commercial Digital Asset Mining Act of 2022,” ...
Ethereum Miners Made $1.29 Billion in Revenue in March: Data
New data shows that Ethereum miners made a total of $1.29 billion in revenue in March. Nevertheless, this is still a long way down from the all-time high registered in November last year. According to...
Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits – Mining Bitcoin News
Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms regi...
Oklahoma joins widening group of US states mulling tax incentives for bitcoin miners
advertisement Lawmakers in Oklahoma have advanced legislation in recent days that, if finalized, would extend a tax break to bitcoin and cryptocurrency miners that set up shop in the state. The Commer...