Tag Archives: Bitcoin Mining

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Kevin O’Leary of “Shark Tank” fame is worried about how the U.S. government is dealing with crypto regulation. He says the federal government is less concerned about policy and more concerned with taking fast action, and this is coming back to hurt innovation. Kevin O’Leary: All the U.S. Needs is Policy Right...

Hut 8 announced entering into a $50 million credit facility with Coinbase Credit as the lender. In a statement, the North American crypto miner revealed that the proceeds from the loan will be used for general corporate purposes while providing it with added financial flexibility and helping it maintain a dynamic Bitcoin treasury management strategy. Initially, the credit facility provides a $15 million term loan, followed by an additional $20 million delayed-draw term loan...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Buncombe County commissioners in North Carolina are taking a page out of New York’s crypto playbook and are enforcing a one-year moratorium on all crypto mining operations so they can explore regulations and laws. North Carolina County Halts Crypto Mining Planning director Nate Pennington said in an interview:...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Biden and his fellow group of nation haters are once again setting their sights on cryptocurrency. Biden is asking Congress to pass a new 30 percent tax on all crypto mining operations. Biden is Again Attacking Crypto The goal is to allegedly prevent climate change and stop the crypto mining arena from having a...

An El Salvador-based Bitcoin firm has begun the first phase of a planned $1 billion investment into sustainably powered digital asset mining in the country. The firm behind the project, “Volcano Energy,” said in a press release that its chief goal is to “position El Salvador as a prominent global player in the Bitcoin mining industry.” A Special Anniversary Announcement Volcano Energy’s announcement comes exactly two years after El Salvador President Nayib Bukele revealed...

Sustainability-focused Bitcoin mining firm CleanSpark is expanding its ASIC fleet by 12,500 units after investing $40.5 million into new hardware.  The added equipment is projected to bring CleanSpark’s total hash rate to over 16 exahashes per second (EH/s).  CleanSpark’s Mining Discount According to a press release from CleanSpark on Thursday, the firm’s newly purchased fleet of Antminer S19 XP machines worked out to a cost of $23 per terahash ($/TH).  Data from Hashrate...

In den letzten Jahren hat die Blockchain-Technologie eine Revolution in der Finanzwelt ausgelöst. Eine der bekanntesten Anwendungen der Blockchain ist Bitcoin, eine dezentrale digitale Währung. Doch wie entstehen Bitcoins und wie funktioniert das sogenannte Mining? In diesem Leitfaden werden wir das Geheimnis des Bitcoin-Minings Schritt für Schritt enthüllen und es auch für Anfänger verständlich machen. Schritt 1: Verständnis der Blockchain-Technologie Bevor wir uns mit dem Bitcoin-Mining...

The Biden Administration’s federal budget proposal to charge a 30% tax on all Bitcoin miners in the United States has been scrapped, a national policymaker confirmed on Sunday.  The withdrawal is part of a series of tax-related concessions made by the administration in negotiations surrounding the nation’s fast-approaching debt ceiling. No More Mining Tax Ohio Rep. Warren Davidson shared the text for the newly proposed debt ceiling deal on Sunday – a culmination of...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Is bitcoin mining running the state of Texas into the ground? Texas Could Wind Up on the Wrong Side Texas declared itself open for bitcoin mining about two years ago. During that time, the nation of China said the practice would be declared illegal, meaning those taking part in crypto mining within its borders...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Right when we thought New York was going to become a more crypto-friendly state, the region of Brasher announced it is implementing a six-month cryptocurrency moratorium on all digital currency mining and related activities. Brasher Ain’t Too Keen on Crypto Mining The moratorium is set to go into effect on...