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Mining
Shark Tank star Kevin O’Leary blasts “dirty” Bitcoin miners
Billionaire investor Kevin O’Leary revealed in a recent Stansberry Research interview with Daniela Cambone when will the price of Bitcoin appreciate…
Despite Bitcoin’s price falling, its mining difficulty rises to new ATH
Bitcoin price performance might currently be leaving a bitter taste in the mouth of many crypto enthusiasts, but available data has shown that that has not…
The Bitcoin hashrate soars to a new all-time high, what happens next?
The Bitcoin hashrate hits a 7-day average of 201.3 terahashes per second (TH/s), making a new all-time high. This represents a 20% increase since the start of…
Kryptovault is breaking myths about the unsustainability of Bitcoin mining
Kryptovault, a Norwegian data center provider and operator, is also the largest Bitcoin miner in the country. The company’s 54,000 square feet farm, located some…
New tax proposal in Kazakhstan could push crypto miners out
Kazakhstan may soon prove to be a hostile location for crypto miners as the Asian country’s government has proposed a hike in its electricity tariff and taxes for…
Extreme weather conditions forces crypto miners to halt operations
Bitcoin miners in Texas are downing tools for some days due to the anticipated extreme weather conditions expected to hit the state this week.Miners in Texas shut…
IRS signals tax case retreat on staking, but the rules haven’t changed for everyone else
In 2019 Joshua Jarrett earned block rewards on proof-of-stake networks, paid taxes as if those rewards were income, and in line with IRS’ limited guidance on how…
Report: Bitcoin mining carbon emissions contribute nearly 0.08% globally
The new CoinShares report underlines the network’s recent carbon emissions, which amount to nearly 0.08% globally, are insignificant numbers compared to emissions…
Why Putin says Russia has “competitive advantages” in crypto mining
Vladimir Putin, the president of Russia, during a video conference held on 26th January, has told the government officials that Russia bears certain “competitive…
Kazakhstan is cutting off power supplies to crypto miners
Crypto miners in Kazakhstan are facing a major drawback, as reports have revealed that authorities in the country have cut off the power supply of miners owing to…