White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining – Mining Bitcoin News
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured...
Mining
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector – Mining Bitcoin News
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in...
Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s – Mining Bitcoin News
Stronghold Digital, a leading Bitcoin mining firm, announced the company has entered into a two-year hosting agreement with Cantaloupe Digital...
Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases – Mining Bitcoin News
Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge....
Mawson Infrastructure Group Expands to New Bitcoin Mining Site in Ohio, Plans to Boost Hashpower by 1 EH/s – Mining Bitcoin News
Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin...
Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change – Mining Bitcoin News
While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching...
Bitcoin Difficulty Estimated to Drop After 5 Back-to-Back Increases – Mining Bitcoin News
Bitcoin’s imminent difficulty change appears to be heading towards a possible decrease, marking the first time in over 73 days,...
Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023 – Mining Bitcoin News
Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April...
Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus – Mining Bitcoin News
Bitcoin mining company Terawulf has announced the full deployment of its 50-megawatt (MW) stake in the nuclear-powered Nautilus Cryptomine facility....
Police in Kosovo Seize Crypto Mining Rigs From Serbs – Mining Bitcoin News
Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of...
China Fines Bitmain $3.6 Million for Tax Violations, Report – Mining Bitcoin News
Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid...
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet – Mining Bitcoin News
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for...
Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports – Mining Bitcoin News
Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite...
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase – Mining Bitcoin News
On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth...
March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs – Mining Bitcoin News
According to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past...
Chatgpt More Useful Than Crypto, Nvidia Tech Chief Says – Mining Bitcoin News
Unlike AI applications such as Chatgpt, cryptocurrencies do not bring “anything useful,” a top executive of U.S. chip maker Nvidia...
Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025 – Mining Bitcoin News
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger...
Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate – Mining Bitcoin News
On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher....
Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge – Mining Bitcoin News
Following the last two difficulty increases on the Bitcoin network, another rise in difficulty is expected to take place on...
Several Crypto Mining Operations Busted in Russia – Mining Bitcoin News
Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators...
Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation – Mining Bitcoin News
A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets...
While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit – Mining Bitcoin News
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant...
