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PortuguêsFollowing the announcement from Greenidge Generation Holdings that detailed the company would be promoting a carbon-neutral stance, and the firm’s recent partnership with Foundry, Greenidge revealed on Thursday it is…
Continue ReadingThe IRS has considered crypto mining revenue as part of taxable income since 2014. North American mining and hosting firm Compass Mining is offering a new tax avoidance method for…
Continue ReadingBitcoin mining took a big hit when the Chinese authorities commenced a crackdown on crypto mining. This had led to an exodus of miners out of China. Which had been…
Continue ReadingU.S. Clients of Compass mining can now mine bitcoin directly into a Choice Individual Retirement Account without triggering a taxable event. U.S. clients of Compass mining can now mine bitcoin…
Continue ReadingBitcoin miner Greenidge announced today its plans to expedite the closure of an old coal ash landfill and turn it into a solar farm. Bitcoin mining firm Greenidge Generation announced…
Continue ReadingAccording to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm. Bitcoin mining company Greenidge Generation is planning to increase…
Continue ReadingRestrictions in China have forced homegrown Bitcoin miners to move out to crypto-friendly nations such as Canada, Kazakhstan and the United States. China’s stringent crypto regulations meant closing shop for…
Continue ReadingSenator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets. Republican Senator and Bitcoin proponent Cynthia Lummis said that massive government spending is…
Continue ReadingBIT Mining, a cryptocurrency mining company that recently stated it will be expanding outside of China, aims to buy 2,500 Bitcoin miners for deployment in Kazakhstan. BIT Mining Goes To…
Continue ReadingThe mining firm’s expansion into Kazakhstan follows plans to introduce new energy fees for crypto miners starting in 2022. Crypto mining firm BIT Mining, which recently announced it would be…
Continue ReadingVertically integrated bitcoin miner LUXXFOLIO has announced 80% of the company’s first batch of rigs are up and mining. Vertically integrated bitcoin mining company LUXXFOLIO Holdings has announced that 80%…
Continue ReadingGenesis announced a $125 million round of equity funding to further expand the bitcoin miner’s industrial-scale operations. Genesis Digital Assets, a bitcoin mining company active since 2013, has announced a…
Continue ReadingAs more bitcoin miners migrate from China, they are hesitant to set up shop in Canada, despite abundant energy and a cool climate. But why? Canada seems to offer many…
Continue ReadingCrusoe, a data center company dedicated to mitigating gas flaring, is reportedly seeking a loan to expand its bitcoin mining operations. Datacenter firm Crusoe Energy Systems is sounding investor interest…
Continue ReadingStronghold, a bitcoin mining company powered by waste coal, has filed an S-1 form with the SEC for a $100 million IPO on the Nasdaq. Bitcoin mining company Stronghold Digital…
Continue ReadingBitcoin mining company Solteir announced a partnership with OPTEC to have its mining operations in Pennsylvania run on clean solar energy. Bitcoin mining firm Solteir announced its new renewable energy…
Continue ReadingBitcoin mining facilities are setting up shop in Texas, but not only for obvious reasons like wind and land opportunities. Here’s why the state is becoming popular. Texas, the second-largest…
Continue ReadingA St. Lawrence county town located in New York near the Canadian border, Massena, is another region in the state that is having issues with bitcoin miners. According to recent…
Continue ReadingLast quarter, the New Jersey Pension Fund invested heavily in two Bitcoin mining giants. A small step for institutional investors, the move might represent something much bigger. There’s a hunger…
Continue ReadingMassena, a small town in New York near the Canadian border, has temporarily halted new crypto mining operations in the area. Crypto Mining Suspended For Aesthetic Reasons Due to aesthetic…
Continue ReadingCity officials have imposed a three-month suspension on new Bitcoin mining operations to make roads and buildings more presentable. Massena, a town in New York along the border with Canada,…
Continue ReadingThe billionaires had a Zoom meeting yesterday, and it’s all crypto Twitter talks about today. Bitcoin should embrace ESG concerns, thinks Cathie Wood. Jack Dorsey hopes Bitcoin will bring world…
Continue Reading“I want to do a little more diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend…
Continue ReadingThe company has been publicly traded on the London Stock Exchange since 2018. Argo Blockchain, a U.K. publicly traded company focused on crypto mining, has begun the process of applying…
Continue ReadingThe Bitcoin miner will merge with Power & Digital Infrastructure Acquisition Corp in the latest crypto SPAC deal. Core Scientific, one of the largest Bitcoin (BTC) mining operations in North…
Continue ReadingWith a falling bitcoin price and mining difficulty, miners have accumulated 3,785 bitcoin over the last month. The below is an excerpt from a recent edition of the Deep Dive,…
Continue ReadingA new museum dedicated to the history of bitcoin mining opened its doors in Venezuela last weekend. The institution will allow visitors to learn about the history of cryptocurrency mining,…
Continue ReadingSustainable bitcoin miner Iris Energy is reportedly seeking a $200 million fundraising round to aid its plans for listing on the Nasdaq. According to Bloomberg, bitcoin mining company Iris Energy…
Continue ReadingBitcoin mining difficulty has posted another negative adjustment on Sunday, with the difficulty rate almost halving since mid-May. Amid the ongoing crackdown on cryptocurrency mining in China, mining new Bitcoin…
Continue ReadingIt’s unclear why authorities outright destroyed the miners rather than attempting to reap some value, but they could still be sold for scrap. Authorities in Malaysia destroyed more than $1.2…
Continue ReadingAs the bitcoin mining industry grapples with criticism over its energy use, nuclear power is emerging as its source of the future. The Bitcoin network’s share of global carbon dioxide…
Continue ReadingRussian crypto advocates are already collaborating with a consortium including some of China’s largest crypto mining-related companies. A major cryptocurrency and blockchain association in Russia is launching a project to…
Continue ReadingFollowing the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners…
Continue ReadingBitcoin mining firm Compass Mining announced the company has entered a 20-year partnership with Oklo Inc., a California-based firm that produces clean, emission-free energy via advanced fission. Oklo explains the…
Continue ReadingA proposed bill for regulating Bitcoin in Paraguay would require mining licenses and establish investor protections. In a WhatsApp conversation I had with Paraguayan Congressman Carlitos Rejala, he shared the…
Continue ReadingDuring the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it…
Continue ReadingWeekly Bitcoin transactions and velocity hit record lows, leading one analyst to suggest that even with BTC stable at $33,000, further downside could ensue. In the early hours of July…
Continue ReadingA bitcoin miner has been presenting its blocks as “carbon negative.” But what does that mean for its energy use? This is a guest post from Luxor’s Hashrate Index. A…
Continue ReadingChina’s Anhui province has announced that Bitcoin mining in the area will be shutdown, as the country’s crackdowns on crypto miners continue. China’s Anhui Province Plans To Crackdown On Crypto…
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