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surplus – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 14 Feb 2023 05:45:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png surplus – DIGIT INFO https://www.digit.info 32 32 Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs https://www.digit.info/iris-energy-boosts-self-mining-capacity-with-4-4-eh-s-of-new-bitmain-bitcoin-mining-rigs/ Tue, 14 Feb 2023 05:45:00 +0000 https://www.digit.info/2023/02/14/iris-energy-boosts-self-mining-capacity-with-4-4-eh-s-of-new-bitmain-bitcoin-mining-rigs/ Read more]]> Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining RigsBitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain.
Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest Mining Expansion
Bitcoin mining company, Iris Energy, announced plans […]

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]]> Argentine Digital Peso Proposal: Eliminate Tax Evasion by Digitizing the Full Fiat Currency Supply https://www.digit.info/argentine-digital-peso-proposal-eliminate-tax-evasion-by-digitizing-the-full-fiat-currency-supply/ Mon, 07 Nov 2022 08:30:21 +0000 https://www.digit.info/2022/11/07/argentine-digital-peso-proposal-eliminate-tax-evasion-by-digitizing-the-full-fiat-currency-supply/ Read more]]> Argentine pesoA proposal to eliminate the physical representation of the Argentine Peso, in order to streamline specific state processes and reduce tax evasion, has been presented by former banker Carlos Maria De Los Santos. The plan, identified as “Argentine Digital Peso,” also predicts that its implementation would lead to lower taxes and bring a surplus to […]

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]]> Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry https://www.digit.info/swedish-regulators-call-for-eu-ban-on-crypto-mining-power-company-defends-industry/ Wed, 10 Nov 2021 05:30:47 +0000 https://www.digit.info/2021/11/10/swedish-regulators-call-for-eu-ban-on-crypto-mining-power-company-defends-industry/ Read more]]> Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends IndustryAlarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin while supporting the transition towards climate neutrality in Sweden and Europe. A state-run power company […]

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]]> Crypto Mining Could Bring Russia $1B in Taxes, Report Suggests https://www.digit.info/crypto-mining-could-bring-russia-1b-in-taxes-report-suggests/ Tue, 29 Jan 2019 08:08:26 +0000 https://www.digit.info/2019/01/29/crypto-mining-could-bring-russia-1b-in-taxes-report-suggests/ Read more]]>

Crypto Mining Could Bring Russia $1B in Taxes, Report SuggestsUsing its excess energy generating capacity to mine cryptocurrencies, Russia can increase its budget receipts by more than $1 billion dollars in annual tax revenue. The estimate comes from a report that also calls for the establishment of a Russian crypto valley.   Also read: Defying Crypto Winter, Swiss Crypto Valley Grows to 750 Companies […]

The post Crypto Mining Could Bring Russia $1B in Taxes, Report Suggests appeared first on Bitcoin News.

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