A huge tax on BTC miners didn’t make it into a deal to resolve the battle, and a separate provision might actually (unintentionally) help them.
Tether moves into Bitcoin mining in Uruguay
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar.
What the ‘anti-mining bill’ means for the crypto industry in Texas
The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.
Mining difficulty passes 50 trillion — 5 things to know in Bitcoin this week
Bitcoin fundamentals are blasting ahead as May comes to an end, while traders remain torn over BTC price strength.
Bitcoin miner Canaan’s net loss slightly improved in Q1 amid market turbulence
Diluted net loss per American depositary share in Q1 2023 stood at $0.51, down from $0.55 in the previous quarter.
Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface
The Neuralink device is designed to be surgically implanted and, according to CEO Elon Musk, will eventually be marketed to the general public.
Nvidia’s Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look
Bitcoin miners might find non-mining AI applications too tantalizing to pass up.
Excavating the Truth Around the Bitcoin Mining Discourse
Last year, a group of CoinDesk reporters traveled to Seneca Lake to examine the effect Greenidge Generation – a resurrected power plant that now mines bitcoin – had on the surrounding communities. Though we expected to hear locals say they disliked the plant and its continued operation, we found the opposite.
Upstream Data Sues Crusoe Energy Over Waste Gas Mining Patent
Crusoe is not a pioneer, but a follower, says the lawsuit filed by Stephen Barbour’s mining firm.
The Bitcoin Mining Debate Is Ignoring the People Most Affected
Environmentalists and anti-mining lawmakers debating bitcoin mining facility Greenidge Generation’s impact use rhetorically persuasive arguments that aren’t backed by reality. But so do the bitcoiners supporting the powerplant-turned-mining facility. And the debate does not solve the very real environmental problems on Seneca Lake.
Crypto Miner Marathon Pledges $500K in Matching Funds to Brink for Bitcoin Development
Marathon CEO Fred Thiel tells CoinDesk in an interview that he wants to make sure development and maintenance of the open-source Bitcoin Core client software are “properly funded.”
Bitcoin production growth and capital strategy guiding Marathon Digital: CEO
In an exclusive interview with Cointelegraph at the Bitcoin Conference, Marathon Digital CEO Fred Thiel spoke about the mining company’s response to the bear market.
Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal
The investment includes a $2 million loan and $12 million in equity.
Sink or swim at $27K? 5 things to know in Bitcoin this week
Bitcoin bulls and bears battle for control of a key area on the BTC chart, with network fundamentals due new all-time highs.
Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms.
Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale
The miner will sell its common shares under an at-the-market (ATM) offering, with investment firms Canaccord Genuity and Stifel acting as agents.
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
Thursday’s reported first-quarter earnings from miners were a mixed bag.
Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe
The U.S. regulatory body is probing related-party transactions that may have violated securities laws.
