Category: Mining

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Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO’s Genesis Validator Deposit Smart Contract Going Live on Thursday

April 19, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO’s Genesis Validator Deposit Smart Contract Going Live on Thursday  Read more »Sign up for e-EUR…
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Forget BTC price: The Bitcoin mining boom is quietly going parabolic

April 19, 2023

Bitcoin difficulty and hash rate stop at nothing in their quest to surge to new levels never seen before. Bitcoin (BTC) may be struggling at $30,000, but under the hood, all-time highs of a different kind keep coming. The latest data shows that Bitcoin network fundamentals — difficulty and hash rate — will hit new…
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Intel will stop manufacturing chips for Bitcoin miners: Report

April 19, 2023

The semiconductor chip manufacturing company will reportedly stop taking orders for the Blockscale 1000 Series ASICs by Oct. 20. Major United States-based technology company Intel has reportedly announced plans to discontinue its line of Blockscale Bitcoin mining chips as part of efforts to cut costs. According to an April 18 Reuters report, the semiconductor chip…
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BTC price heading under $30K? 5 things to know in Bitcoin this week

April 17, 2023

Bitcoin faces a battle for key BTC price support to start the week, while market participants stay optimistic about trend continuation. Bitcoin (BTC) starts a new week under $30,000 as analysts’ predictions of a short-term support retest come true. The largest cryptocurrency saw a classic dive following its latest weekly close as the latest gains…
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Police in Kosovo Seize Crypto Mining Rigs From Serbs

April 17, 2023

Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the ethnically divided, partially recognized Balkan state. Kosovo Government Cracks Down on Crypto Mining in…
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Arizona Governor Vetoes Bill to Limit Local Regulations and Taxes on Blockchain Node Operators

April 14, 2023

Arizona Governor Katie Hobbs has vetoed legislation that would have barred municipalities from taxing cryptocurrency mining operations. In a Wednesday letter, Hobbs said that the bill SB 1236 seeks to tie the hands of local stakeholders in regard to crypto mining policymaking. She said: “The bill broadly defined “blockchain technology” and prevents local policymaking concerning an…
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Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue Crypto Cards, Push Protocol Reveals ‘Wallet-to-Wallet’ Video Chat

April 13, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue Crypto Cards, Push Protocol Reveals ‘Wallet-to-Wallet’ Video Chat  Read more »Sign…
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Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal

April 13, 2023

According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special purpose acquisition company (SPAC) deal with Blue Safari…
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China Fines Bitmain $3.6 Million for Tax Violations, Report

April 13, 2023

Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income Tax on Behalf of Employees One of the world’s largest producers of devices…
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Beijing-Based Bitcoin Miner Bitmain Faces Fines for Tax Regulation Breach – Here’s the Latest

April 13, 2023

Major crypto mining hardware maker Bitmain is reportedly looking at a nearly $4 million fine for unpaid taxes in Beijing. According to a report by the local news agency Sina Finance, Bitmain has failed to pay income taxes as required by China’s laws governing tax collection…. Read More: Beijing-Based Bitcoin Miner Bitmain Faces Fines for Tax Regulation Breach – Here’s the Latest…
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