From mining to software: China’s regulatory crackdown on crypto continues
Financial institutions, crypto miners, and now software companies — where will regulators in China move to strike next? Go to Source Powered by WPeMatico
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Financial institutions, crypto miners, and now software companies — where will regulators in China move to strike next? Go to Source Powered by WPeMatico
After becoming the first blockchain firm to list on the London Stock Exchange, Argo Blockchain is now looking at a potential secondary listing on the Nasdaq. Go to Source Powered by WPeMatico
During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most are relying on unreliable and old data … Read more
U.S. lawmaker and bitcoin advocate Cynthia Lummis has indicated that cryptocurrency miners are welcome in Wyoming. In a recent interview, the senator defended bitcoin’s carbon footprint and later invited miners to her home state on social media. Crypto Mining Adapted to Non-Carbon Emitting Energy With the ongoing crackdown on cryptocurrency mining in China, companies in … Read more
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022. Bitcoin Miner Greenidge Generation Plans to Expand to South Carolina Spartanburg, South Carolina, … Read more
Worst case projections seem to suggest that bitcoin emissions will be down by more than two-thirds in five years. Go to Source Powered by WPeMatico
According to the crypto mining firm, the South Carolina facility has been capable of drawing 80 megawatts of power, two thirds of which is produced from zero carbon energy sources. Go to Source Powered by WPeMatico
Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments. Go to Source Powered by WPeMatico
The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022. Go to Source Powered by WPeMatico
“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky. Go to Source Powered by WPeMatico