Crypto Mining
Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’
Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme”...
Swan Bitcoin halts mining and IPO plans, announces staff cuts
Swan Bitcoin, a Bitcoin-focused financial services firm, said it is ending its managed mining business alongside its Initial Public Offering...
Hive to build massive Bitcoin mining facility in Paraguay despite looming energy hikes
In a July 22 statement, Bitcoin miner HIVE Digital said it plans to construct a 100-megawatt digital asset mining operation in...
DAIM CEO says Trump’s plan to make Bitcoin reserve asset is tough but ‘possible’
DAIM CEO and founder Brian Korshain voiced strong optimism about the potential impact of former President Donald Trump’s support for...
Miners reduce holdings amid rising prices
Miners represent the foundation of the Bitcoin market. Their behavior is one of the best indicators of market health and...
Putin warns of power shortages from Bitcoin mining, calls for expansion of CBDC
Russian President Vladimir Putin warned that crypto mining could lead to significant power shortages in some regions of the country...
Bit Digital ‘thrilled’ by Ethereum ETFs but highlights their lack of staking features
Bit Digital expressed optimism around spot Ethereum (ETH) ETFs’ upcoming launch but drew attention to the funds’ lack of staking...
Zcash community approves decentralized grant allocations with 20% block reward
The Zcash community has approved a proposal to allocate 20% of block rewards for a new decentralized grants system.The Zcash...
Northern Data saw revenue drop to €77.5 million, mined 2,298 BTC in 2023
Northern Data Group reported a net revenue of €77.5 million for the 2023 fiscal year, down from €193.3 million in...
Bitfarms schedules shareholder vote for October amid Riot’s intensified acquisition efforts
Bitcoin miner Bitfarms will hold a shareholder vote in October regarding Riot Platform’s takeover bid, according to a July 12...