The world’s first and oldest Bitcoin mining pool has mined nearly 1.3 million BTC since inception
Over 15,000 users, mainly small individual miners, are part of the still-growing Braiins (Slush Pool) ecosystem. Go to Source Powered by WPeMatico
Bitcoin Mining
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Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard
Sustainable Bitcoin mining gets a boost from the joint venture between mostly hydro-powered BTC miners Merkle Standard and infrastructure provider Bitmain. Go to Source Powered by WPeMatico
Crypto Biz: Wall Street is marketing Bitcoin for us, Feb. 3-9
Big banks continue to explore Bitcoin and cryptocurrency’s long-term value proposition after shunning the asset class for years. Go to Source Powered by WPeMatico
Sustainable Bitcoin miner uses waste heat to dry wood
Not only does one Norwegian Bitcoin miner boast 99% renewable energy stats but it’s even using waste heat to dry out timber and soon seaweed. Go to Source Powered by WPeMatico
Living on a volcano: The outlook of El Salvador’s crypto mining industry
El Salvador’s crypto mining potential is there but it will take some time and effort to come to fruition Go to Source Powered by WPeMatico
Kazakhstan President Orders Government to Find All Miners and Raise Tax by April
President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted. Miners in Kazakhstan to Pay Higher Electricity Tariffs On top of electricity shortages … Read more
Billionaire Bill Ackman calls for crypto clarity in New York
Billionaire Bill Ackman has called upon the city authorities to ensure that more innovators don’t migrate because of the regulatory hurdles. Go to Source Powered by WPeMatico
No precedent: IRS court settlement doesn’t clarify crypto staking taxes
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression. Go to Source Powered by WPeMatico
Simple math says Russia could collect up to $13B in crypto tax each year
The analytic note mentioned that the estimates are purely an overview and based on a basic tax slab of 6%, which would be quite different once regulations are set in place. Go to Source Powered by WPeMatico
Google Cloud to detect crypto-mining malware on virtual machines
Bad actors using malware to steal GPU power to mine crypto will have to up their game to deal with Google Cloud’s latest security protocol. Go to Source Powered by WPeMatico