U.S. Senator Ted Cruz has declared his bitcoin purchase worth up to $50,000. “I’m also particularly proud that my home state, Texas, is becoming an oasis for the blockchain community, for bitcoin miners, for innovators and entrepreneurs in the crypto world,” said the senator. Senator Ted Cruz Declares Bitcoin Purchase U.S. Senator Ted Cruz has […]
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated. While the extraction of digital currencies is yet to be regulated in Russia, authorities lean towards recognizing it as an economic activity, which will allow the government to tax mining […]
Riot Blockchain, a Bitcoin mining company based in the US, announced production and operations update for January 2022, as well as updates to the status of miner shipments and deployment and its in...
The cryptocurrency industry is attracting more and more attention as the global population becomes more sophisticated. Different countries have different attitudes towards this emerging technology. While some of them are friendly, others remain reluctant. However, this does not stop people from taking an interest in digital assets.
The cryptocurrency neighborhood has been discussing a newly introduced bitcoin miner referred to as the Numiner NM440 that claims to provide speeds of as much as 440 terahash per second (TH/s). Furthermore, a publicly-listed firm referred to as Sphere 3D has detailed that it bought 60,000 Numiner NM440 mining rigs and goals to deploy 32 […]
ABC’s Shark Tank star, Kevin O’Leary, has sounded a warning that environmental, social, and governance (ESG) reporting is going to shake up the Bitcoin mining industry. While many key players are currently focused on Bitcoin’s price performance, O’Leary is more concerned about the dangers that the Bitcoin mining industry can pose for the market. O’Leary
Texas senator Ted Cruz just bought the latest Bitcoin dip confirming that he is ready to put his money where his mouth is as we are reading further in our latest Bitcoin news. According to the financial disclosures filed on Friday 4th, Ted Cruz bought the latest Bitcoin dip and purchased between $15K and $50K […]
Myanmar’s Junta wants its own digital currency but the government in exile still pushes Tether as the main crypto to use so let’s read more today in our latest cryptocurrency news today. The military government is proposing and creating its own digital currency after a year of overthrowing the elected leader. Myanmar’s Junta wants to […]
Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence companyMicroStrategy Inc. (NASDAQ: MSTR), recently talked about how they might want to generate yield from their Bitcoin holdings, as well as how his firm’s stock compares to Bitcoin ETFs. On 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at […]
Despite price challenges and a surge in regulations around Bitcoin mining, the BTC hash rate is making new records every week. In January 2022, the mean hash rate breached the level of 183 Exahash,...