Biden Budget: U.S. Treasury To Impose 30% Tax On Crypto Mining Operations
U.S. President Biden unveiled his 2024 budget plan on Thursday, March 9. The U.S. Treasury Department intends to impose a.
Latest News
Latest News
Jack Dorsey’s Block Asks for Input on Proposed ‘mining development kit’
Block, a payments startup formerly known as Square, is advancing its foray into the cryptocurrency mining sector and may eventually.
- by Oladapo Hapostle
- March 8, 2023
Latest News
New York will vote on a crypto mining ban, despite widespread opposition
Next week, the New York State Assembly will vote on a proposal to ban cryptocurrency mining in the state. The.
- by Will
- April 23, 2022
Latest News
UniCredit was fined $144 million for improperly closing the accounts of a crypto mining company
Following a case brought by a subsidiary of the crypto mining business Bitminer Factory, a district court in Banja Luka,.
- by Will
- March 29, 2022
Latest News
Miners have relocated 30% of their equipment from Kazakhstan
Companies who are lawfully operating mining facilities in Kazakhstan have already transferred roughly 30% of their equipment. Alan Dorjiyev, President.
- by Will
- February 24, 2022
Latest News
At the start of 2022, the countries’ Bitcoin hashrate distribution is Recorded
Russia ranked third in the world in terms of mined Bitcoin in 2021, behind Kazakhstan and the United States, according.
- by Will
- February 12, 2022
Latest News
Governor Greg Abbott of Texas extends a warm welcome to bitcoin miners
Governor Greg Abbott of Texas is welcome Bitcoin miners to his state, stating that the emerging digital asset mining business.
- by Will
- February 5, 2022
Latest News
China has declared cryptocurrency mining to be ‘obsolete.’
China’s top economic planning body has declared crypto mining “obsolete,” reiterating the government’s attempts to completely eliminate the industry. The.
- by Will
- January 11, 2022
Latest News
As the ‘turbo-charged’ premise plays out, bitcoin mining stocks halve
The share prices of the largest crypto mining companies have plummeted in lockstep with the price of bitcoin, which has.
- by Will
- January 7, 2022
Latest News
Kazakhstan To Construct Nuclear Power Plant to address the energy shortage caused by cryptocurrency mining
According to a report by Russia Today, Kazakhstan authorities are considering establishing a nuclear power plant in response to the.
- by Victoria
- December 30, 2021