Montana ‘right to mine’ crypto bill passes the House
The legislation has already passed through Senate voting in February and will now make it to the table of Governor Greg Gianforte. Go to Source Powered by WPeMatico
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Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 … Read more
Bitcoin Proponents Accuse the New York Times of Publishing One-Sided ‘Hit Piece’ on Bitcoin Mining
After the New York Times was accused of writing favorable pieces about disgraced FTX co-founder Sam Bankman-Fried and inviting him to speak at the news outlet’s Dealbook Summit, it is once again being criticized for publishing a “hit piece” about bitcoin mining. The article’s authors claim that bitcoin mining is harmful to the environment, while … Read more
Texas’ gold-backed digital currency project: Law Decoded, April 3–10
While Ted Cruz and Ron DeSantis attack the idea of American CBDC, Texan lawmakers propose to create a statewide one. Go to Source Powered by WPeMatico
‘Don’t Mess with Texas Innovation’ — advocates criticize bill removing crypto mining incentives
Lawmakers in a Texas Senate committee moved forward on Senate Bill 1751 on April 4, paving the way for a floor vote for the legislation some have labeled as against crypto miners. Go to Source Powered by WPeMatico
Bitcoin proponents respond to New York Times’ BTC mining report
Bitcoin proponents accused New York Times of overstating emissions by mining companies and omitting the facts about the growing adoption of renewable energy sources for BTC mining. Go to Source Powered by WPeMatico
Bill protecting Bitcoin mining rights passes in Arkansas Senate and House
The Arkansas Data Centers Act is moving now to the governor’s office for approval. It grants crypto miners in the State the same rights as data centers. Go to Source Powered by WPeMatico
Sphere 3D files lawsuit against Gryphon Digital Mining after BTC transfer
An allegedly Bitcoin spoofing attack is behind the lawsuit between the companies that at one time considered merging. Go to Source Powered by WPeMatico
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase
On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11 trillion away from reaching the 50 trillion range. Bitcoin Difficulty Jumps 2.23% Higher … Read more
US Bitcoin reaches tentative settlement to reopen Niagara Falls mining facility
After a lengthy legal tussle, the company will have to pay various fees and fines and take extensive noise control measures. Go to Source Powered by WPeMatico