Bhutan’s DHI and Bitdeer to raise $500M to develop sustainable mining operations
DHI CEO Ujjwal Deep Dahal said that the partnership will contribute to a more sustainable domestic economy in Bhutan.
Biden Administration Proposes 30% Tax On Crypto Mining To Counter Environmental Impact
Several US authorities have raised concerns regarding the environmental impact of crypto mining. Previously, US lawmakers probed the crypto mining energy use and environmental impact.
Biden Administration Proposes 30% Tax On Energy Used By Bitcoin Miners
The Digital Asset Mining Energy excise tax would harm businesses and push innovation out of the United States.
Bitdeer to Raise $500M for Bhutan Crypto Mining Operations in Deal With Government
Bitdeer said the agreement marks “a crucial expansion into Asia” and expects fundraising efforts to commence this month.
White House advisors renew push for 30% digital mining energy tax
The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community.
‘A Bounty on Bitcoin Miners’: Industry Slams Biden’s 30% Tax
The Biden Administration has argued it should enact a 30% tax on the cost of the electricity used by Bitcoin mining to address “the economic and environmental costs.”
Biden administration reiterates desire for 30% tax on Bitcoin miners’ electricity usage
“The increase in energy consumption attributable to the growth of digital asset mining has negative environmental effects and can
Bitcoin Miner Cumulative Revenue Tops $50B, Aggregate Profit at 37%
Bitcoin mining is still a profitable business despite some drawbacks. The total cumulative revenue for BTC miners reached a new milestone.
New Dogecoin and Litecoin Miners Launch While Altcoins Stumble
BIT Mining rolls out a new model, the LD4, for mining Dogecoin and Litecoin. But Bitcoin is performing extraordinarily well, claiming ever more market share.
Biden Proposes 30% Crypto Mining Electricity Tax to Offset Environmental Impact
The Council of Economic Advisers announced that it would push for a 30% DAME tax on crypto mining to combat its effect on the environment.
