U S President Joe Biden is looking to impose a punitive tax on crypto mining operations for the harms they impose on society the White House’s Council of Economic Advisers CEA said Tuesday in an online post The administration’s blog entry made the case for a U S tax equal to 30 of a mining [...]
Texas Blockchain Council President Lee Bratcher weighs in on the recent article from The New York Times that examines the energy cost of bitcoin mining Plus reaction to a proposed new law that could restrict key benefits for bitcoin miners in Texas passed a state Senate committee recently and is now headed to the full [...]
A proposed new law that could restrict key benefits for bitcoin miners in Texas passed a state Senate committee on Tuesday and is now headed to the full chamber Coin Desk Regulatory Reporter Amitoj Singh explains what this could mean for miners in the state Plus insights on the state of crypto in India amid [...]
The U.S. Treasury Department has proposed a 30% excise tax on the cost of powering crypto mining facilities. CoinDesk Editor at Large Christie Harkin weighs in on the reasons behind the proposal and how regulators view digital asset mining.
Bitcoin miner Core Scientific will shut down mining rigs tied to Celsius Mining after a U.S. bankruptcy judge approved the motion to reject its contract. Both companies are undergoing Chapter 11 bankruptcies. Plus, courts in Iran have ordered the government to return thousands of seized crypto mining rigs, according to local media reports.
Sazmining President and Chief Operations Officer Kent Halliburton joins "All About Bitcoin" to discuss the state of mining as miners continue to face headwinds amid the ongoing crypto winter. Plus, insights on his recent opinion piece titled "2023 Will Be the Death of Bitcoin Energy FUD."
Crypto miners across the U.S. powered down over the weekend as a powerful storm swept across North America, with computing power on the Bitcoin network dropping about 40%. "The Hash" panel discusses what this means for the bitcoin mining community.
Data from Glassnode and Blockware reveal that miners 30 day hashrate average a measure of computing power to process cryptocurrency transactions has fallen below the 60 day average That’s a sign miners are capitulating as the price of bitcoin and other cryptocurrencies fall All About Bitcoin host Lawrence Lewitinn breaks down the Chart of the [...]
New York's Gov. Kathy Hochul signed into law Tuesday a two-year moratorium on new permits for proof-of-work (PoW) cryptocurrency mining. "The Hash" panel discusses the latest in crypto regulation and what this means for the mining community.