[May 14, 2023 2:00 AM] Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border…
[May 12, 2023 1:05 AM] The miner will sell its common shares under an at-the-market (ATM) offering, with investment firms Canaccord Genuity and Stifel acting as agents.
[May 11, 2023 10:30 PM] A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders…
[May 11, 2023 12:35 PM] Marathon Digital Holdings, a public Bitcoin miner, has received another subpoena from the Securities and Exchange Commission (SEC) regarding whether there were possible violations of federal securities law in agreements related to a Hardin, Montana…
[May 10, 2023 3:30 PM] Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount…
[May 8, 2023 4:43 PM] Several mining pools such as Luxor Technologies and AntPool mined blocks on Monday where fees exceeded Bitcoin’s block subsidy of 6.25 BTC.
[May 8, 2023 2:20 PM] Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets.
[May 8, 2023 12:23 PM] The fees collected in a single block of Bitcoin transactions have surpassed the block reward, a testament to the growing demand for block space as a result of Ordinals and BRC-20. Given that this is the first time this has happened without the…
[May 8, 2023 8:30 AM] Bitcoin transaction fees have surged significantly in the past 24 hours, with the average fee reaching $19.20 per transfer. The increase in fees can be linked to a backlog of transactions trapped in the mempool, as over 440,000 unconfirmed…
[May 7, 2023 10:30 PM] Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of crypto miners, Russian analysts believe. Under such a scenario, Russia has what it takes to…
[May 6, 2023 2:36 PM] Crypto miners paid millions of dollars in energy fees last year following the regulation of the fiscal burden of mining activities.
[May 6, 2023 6:00 AM] The article below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox…
[May 5, 2023 5:30 PM] The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy…
[May 5, 2023 5:30 AM] Stronghold Digital, a leading Bitcoin mining firm, announced the company has entered into a two-year hosting agreement with Cantaloupe Digital LLC, a subsidiary of the bitcoin application-specific integrated circuit (ASIC) manufacturer, Canaan…
[May 4, 2023 4:57 PM] Montana has ratified legislation that protects the right to mine bitcoin, a win for sound money in the midwestern state.The Montana legislature has passed a bill that protects the right to mine bitcoin, among other provisions. The bill is designed…
[May 4, 2023 3:40 PM] Indonesian governor Ridwan Kamil joined Bentaus CEO Robert Davidoff at a ribbon cutting ceremony in New York today for the course.Governor Ridwan Kamil of West Java, Indonesia, joined members of the NYC bitcoin community in a ribbon cutting…
[May 4, 2023 3:40 PM] The legislation includes revisions to laws aimed at prohibiting discriminatory electrical rates for mining firms and not allowing taxation for crypto used as a method of payment.
[May 4, 2023 11:30 AM] Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge. However, on May 4, 2023, at block height 788,256, the network difficulty level took a dip, dropping by 1.45%…
[May 4, 2023 2:14 AM] Nigeria’s Federal Executive Council has approved the national policy on blockchain to help the country develop a regulatory framework to govern the adoption of the technology.
[May 3, 2023 3:54 PM] The mining operations will be “carbon-free” according to the firms and the first expansion by Bitdeer into Asia.Bitdeer Technologies Group and Druk Holding & Investments have partnered to develop a 100% carbon-free digital asset mining…
[May 3, 2023 2:30 PM] On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax targets…
[May 3, 2023 1:33 PM] Robert F. Kennedy Jr., the latest presidential candidate from one of the most famous U.S. political families, is introducing a number of crypto issues in his newly announced campaign to challenge Joe Biden.
[May 3, 2023 11:35 AM] After a public hearing, Buncombe County voted to approve a moratorium on bitcoin mining in order to craft zoning standards and regulations for special land use. As first covered in Bitcoin Magazine on April 6, Buncombe County, North Carolina…
[May 3, 2023 10:06 AM] The Digital Asset Mining Energy excise tax would harm businesses and push innovation out of the United States. The President's new budget proposal for Fiscal Year 2024 includes the Digital Asset Mining Energy (DAME) excise tax, which would require…
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