Bookmarking Crypto Insights
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A young South African electronics engineer has rued his decision to delete a text document containing the keys and password to a crypto wallet that held some 20 bitcoins. According to the engineer, the lost coins had been mined more than ten years ago using a modified personal computer that “boasted an AMD Phenom X3 … Read more
Environmental sustainability continues to be top of mind for cryptocurrency miners after Elon Musk drew negative attention to the industry earlier this year. Go to Source Powered by WPeMatico
Bitcoin’s fundamentals remain strong but analysts pinpoint $46,500 as the key level to reclaim as support in order to preserve the current uptrend. Go to Source Powered by WPeMatico
Operational costs are high, but Bitcoin miners are making money hand over fist. Here’s how to join them and profit. Go to Source Powered by WPeMatico
Bitcoin mining difficulty took a second jump following the dip in mid-July as the mining ecosystem continues to turn back online. Go to Source Powered by WPeMatico
The price of MARA, RIOT, MSTR and other listed companies with exposure to Bitcoin has nearly tripled in the last three months. Go to Source Powered by WPeMatico
The impact of tighter crypto reporting requirements in the digital asset provision of the Infrastructure Investment and Jobs Act will concentrate on cryptocurrency mining. Go to Source Powered by WPeMatico
Marathon Digital Holdings has published the company’s bitcoin production and mining operation updates for the month of July and bitcoin production increased 66% month-over-month. Furthermore, the financial services giant Fidelity Investments purchased a 7.4% stake in Marathon in July, spending around $20 million for the shares. Fidelity Investments Scoops Up Shares of Marathon for $20 … Read more
“While Congress works to better understand and legislate on issues surrounding the development and transaction of cryptocurrencies, it should be wary of imposing burdensome regulations that may stifle innovation,” said Senator Pat Toomey. Go to Source Powered by WPeMatico
Republican members of Congress want assurances that Bitcoin miners and crypto software developers will not be subject to the newly proposed tax rules. Go to Source Powered by WPeMatico