Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Cryptocurrencies are facing another potential issue which is undermining the verification process. Rumors are floating through the industry that the U.S. Securities and Exchange Commission wants to ban cryptocurrency staking. Unfortunately, staking is at the core of some of the most widely traded...
Read More »Texas Paid Crypto Mining Firm a Lot of Money to Shut Its Machines Off
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up In early 2021, the state of Texas paid a bitcoin mining company called Bit Deer approximately $175,000 per hour. Texas Doled Out Cash for No Work For what purpose, you ask? Well, it wasn’t because the Lone Star State wanted to gain access to mined BTC units. It wasn’t to create jobs, and it wasn’t to help build...
Read More »Cynthia Lummis Says Biden’s 30% Miner Tax “Isn’t Going to Happen”
Bitcoin-friendly Republican Senator Cynthia Lummis doesn’t think the Biden Administration’s proposed 30% excise tax on Bitcoin miners isn’t likely to make it through the House. On stage at Bitcoin Miami 2023, the politician remained supportive of miners, and believes the industry’s proliferation throughout the United States is a matter of national security. Mining: Dirty or Clean? During the interview, Lummis spoke about the excise tax with Perianne Boring, a member of the...
Read More »Buncombe County Considers Crypto Mining Moratorium
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Buncombe County in North Carolina doesn’t like the fact that so many crypto miners have set up operations within its borders. Officials of the region are now considering taking a page out of New York’s books and establishing a temporary moratorium on crypto mining facilities. Buncombe County Doesn’t Think Much...
Read More »Marathon Digital Subpoenaed by SEC Over Securities Law Violations
Marathon said it is cooperating with the SEC to provide the requested information, highlighting that it was dedicated to abiding by all relevant laws and rules. Bitcoin mining firm Marathon Digital Holdings Inc (NASDAQ: MARA) has gotten a subpoena from the United States Securities and Exchange Commission (SEC) in connection with suspected violations of Federal securities laws. According to reports from Bloomberg, the subpoena requests the production of certain documents related to the...
Read More »Asteroid Mining – Kommt Gold bald aus dem Weltall?
Bergbauaktivitäten auf Asteroiden, ist ein aufstrebendes Feld, das zunehmend an Bedeutung gewinnt. Die Idee, wertvolle Rohstoffe wie Gold aus dem Weltall zu gewinnen, klingt vielleicht wie Science-Fiction, aber sie rückt immer näher in greifbare Nähe. Asteroiden sind Himmelskörper, die hauptsächlich aus Gestein und Metallen bestehen. Viele von ihnen enthalten eine Vielzahl von wertvollen Materialien, darunter Platin, Nickel, Kobalt und sogar Edelmetalle wie Gold. Einige Schätzungen gehen...
Read More »Bitcoin Miners Capitalizing on Ordinals Hype: Daily Revenue Hit 5-Year High at $17M
For some, the Ordinals craze has wreaked havoc in the Bitcoin ecosystem. BTC’s price may have, so far, failed to capitalize on it, but that was not the case for the network miners. In fact, the development has been a blessing in disguise for them. Bitcoin Miner Revenue Shoots Up This month was marked by skyrocketing transaction fees and network congestion as Bitcoin Ordinals reached unprecedented heights. While Bitcoin’s price is cautiously recovering with modest gains, the...
Read More »Wie funktioniert der Bitcoin-Mining-Prozess?
Bitcoin Minining Bitcoin-Mining ist der Prozess, bei dem neue Bitcoins in das Netzwerk eingeführt werden und gleichzeitig alle Transaktionen, die mit Bitcoin durchgeführt werden, verifiziert werden. Der Mining-Prozess ist ein wichtiger Bestandteil des Bitcoin-Netzwerks und sorgt dafür, dass das Netzwerk sicher und stabil bleibt. Das Bitcoin-Mining wird von speziellen Computern durchgeführt, die als „Miner“ bezeichnet werden. Diese Miner verwenden...
Read More »Wie unterscheidet sich Bitcoin von anderen Kryptowährungen?
Sicherheitsmassnahmen beim Handel mit Kryptowährungen Bitcoin war die erste Kryptowährung, die jemals erstellt wurde, aber heute gibt es Hunderte von anderen Kryptowährungen auf dem Markt. Wie unterscheidet sich Bitcoin von diesen anderen Währungen und warum ist es immer noch die beliebteste Kryptowährung? Einer der Hauptunterschiede zwischen Bitcoin und anderen Kryptowährungen ist die Art und Weise, wie sie erstellt werden. Bitcoin wird durch einen...
Read More »Mike Novogratz’ Galaxy Digital Turns Profitable in Q1 2023: Report
Galaxy Digital turned profitable in the first quarter of the year as the markets improved. Its founder and CEO, Michael Novogratz, revealed that the crypto financial services firm ended Q1 2023 with a liquidity position of $814 million. According to an official press release, Galaxy Digital reported $134 million in net income for the same period as compared to a net loss of $288 million in the fourth quarter of 2022. The income was attributed to the gains on digital assets as...
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