President Joe Biden has proposed a punitive tax on cryptocurrency mining operations due to the “harms they impose on society.” What Happened: In a statement released by the White House…
The Biden administration has proposed a tax on crypto miners to address climate change. According to Yahoo News, the Council of Economic Advisers (CEA) is advocating for a Digital Asset…
U.S. President Joe Biden is looking to impose a punitive tax on crypto mining operations for the “harms they impose on society,” the White House’s Council of Economic Advisers (CEA)…
The White House views the Bitcoin mining industry as environmentally harmful and limited in economic benefit.
New Brunswick’s main power company began to deny energy applications from crypto miners and other large-scale users in 2022, the CBC said on May 1. The cabinet order that endorsed…
Jack Dorsey’s Block (SQ) recently bought a large number of bitcoin (BTC) mining chips from Intel (INTC), which will accelerate its plans to enter the mining hardware market just as…
What comes as a major setback to crypto miners in the United States, the White House is lobbying Congress to include a tax of 30% on the cost of the…
Bhutan‘s investment arm Druk Holding and Investments, or DHI, has reportedly been mining Bitcoin (CRYPTO: BTC) for a “few years” in an effort to diversify the country’s portfolio. What Happened:…
BIT Mining Limited has unveiled its latest mining machine, the LD4, designed for mining two widely used cryptocurrencies, Dogecoin (DOGE) and Litecoin (LTC). The LD4 is an upgrade from the…
BIT Mining Limited announced the launch of the new Dogecoin/Litecoin mining machine LD4, with an energy consumption index of 0.71 W/MH, about half of the performance index of Bitmain L7.
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