The state of Missouri is in line to become one of the most crypto-friendly in the Union given it’s just passed a string of regulatory acts designed to protect the rights of bitcoin and crypto miners. Missouri Seeks to Keep Crypto Miners Protected Missouri legislators recently voted to amend what’s known as House Bill 764. Introduced last January, the bill defines the language and descriptions surrounding cryptocurrency miners. It also says that no crypto miner can be...
Read More »Crypto Miners Have Seen Their Profits Plunge
The crypto winter is really wreaking havoc on crypto miners everywhere. While large scale miners are still doing “ok” in the general scope of things, those who have simply made mining a hobby and who are doing it from home have either been forced to leave the industry completely or really scale back so they can save money on their operations. Crypto Miners Have Seen Profits Really Fall Many of the at-home crypto miners to emerge in recent years say they have seen their...
Read More »A Strange Battle Is Occurring in New York: Wine Vs. BTC
Winemakers in upstate New York are not happy that they’re having to share land with bitcoin and cryptocurrency miners. New York Is Seeing Its Winemakers at Odds with Crypto Miners The state of New York features what are known as the Finger Lakes, a series of thin bodies of water in its upstate region. This area has become popular amongst winemakers given the clean air and wholesomeness of the dirt. The Finger Lakes is fantastic for those looking to grow grapes and create...
Read More »Texas Enforces New Rules for Crypto Miners
Crypto miners in Texas must get approval from ERCOT to connect their rigs to the state’s power grid. Texas Requires New Permissions Before Crypto Can Be Mined It has come to the attention of the crypto world that Texas has become the place to be if one wants to set up a crypto mining business. The state provides vast open spaces and low electricity rates, and it appears many miners have moved their operations to the state to take advantage of Texas’ offerings. The state...
Read More »China Fully Bans Crypto; Takes Its Hate of BTC to the Furthest Reaches
Bitcoin has been handed a major blow today, and again, it’s all thanks to China. As if it’s not bad enough that the country has sought to destroy the mining presence within its borders, regulators have now deemed all crypto activity – this includes transactions – illegal, and now it’s not just miners that aren’t welcome in China. Rather, no digital currency has any space in the country. China Says “No” to BTC China has long had a very complicated relationship with...
Read More »