Montana shields Bitcoin miners from discriminatory tariffs
Montana Governor Greg Gianforte подписал SB 178 into law, prohibiting by statute interference with the activities of mining-related companies.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Montana shields Bitcoin miners from discriminatory tariffs
Montana Governor Greg Gianforte подписал SB 178 into law, prohibiting by statute interference with the activities of mining-related companies.
Analyst flags problems in Kazakhstan’s Bitcoin mining
From 2021 to 2023, Kazakhstan's share of the global Bitcoin hashrate fell from 18% to 4%.
Kazakhstan’s miners paid $6.7 million in taxes for 2022
In 2022, Kazakhstan's budget received 3.07 billion tenge ($6.7 million) in taxes from mining companies.
Bhutan and Bitdeer founder Jihan Wu to earmark $500 million for Bitcoin mining
Druk Holding & Investments (DHI), established by the Bhutanese authorities, and Bitdeer, a mining-services provider, will create a $500 million fund to organise cryptocurrency mining in the kingdom.
Biden administration proposes 30% tax on electricity used for cryptocurrency mining
CEA under President Joe Biden proposed including in the federal budget a 30% tax on electricity used in cryptocurrency mining. The initiative aims to minimize the climate impact, Yahoo reports.
BIT Mining Limited unveils LD4 device for Dogecoin and Litecoin mining
The NYSE-listed BIT Mining Limited unveiled a new generation of devices for mining Dogecoin (DOGE) and Litecoin (LTC) — the LD4.
Block, Jack Dorsey’s company, develops a prototype open-source mining ASIC chip
Block, Jack Dorsey’s company, has completed a prototype of an open-source Bitcoin-mining ASIC chip.
Bit Digital reports $32.3 million revenue for 2022
Bit Digital, listed on Nasdaq, released a financial report showing that the mining company's revenue for 2022 amounted to $32.3 million.
Greenidge Generation and Core Scientific Agree to Collaborate
The mining company Greenidge Generation has agreed with competitor Core Scientific to host 6,914 Bitcoin mining devices at Core Scientific's sites for one year.
Argo Blockchain reports a net loss of £194.2m ($240.2m) in 2022
British mining company Argo Blockchain posted a net loss of £194.2m ($240.2m) in 2022.We use cookies to improve the quality of our service.
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