2022-7-2 00:45 |
The FTX CEO said helping rescue crypto miners might help mitigate the credit contagion in the crypto sector.
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An agency under the US Interior Department’s Office of Inspector General has revealed that oil and gas firms in the country are diverting natural gas to fuel their crypto mining operations without paying federal royalties.
2023-3-3 16:35 | |
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Like thousands of crypto mining enthusiasts around the world, you may have also heard of Bitramo. This technology startup currently holds the distinction of offering the market’s most profitable crypto miners.
2022-9-25 07:32 | |
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The recent crypto winter has affected miners negatively to the extent that many sold off their Bitcoin and other crypto holdings. In addition, many of these miners could not even pay their loans since their rigs’ values plummeted.
2022-7-15 16:00 | |
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Kazakhstan has imposed new tax rules on crypto miners, this new taxation system shall be differentiating the tax rates on crypto mining. It also includes crypto miners that use renewable energy resources.
2022-7-15 04:00 | |
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The price of Nvidia GPUs is tumbling as crypto miners capitulate, with prices on the secondhand market down by as much as 50%. The post Nvidia Cards Tumble in Price as Crypto Miners Capitulate appeared first on BeInCrypto.
2022-7-2 08:00 | |
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With revenues drying up, crypto miners are struggling to meet loan obligations, which total up to $4 billion for the industry.
2022-6-29 16:35 | |
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Kazakhstan may soon prove to be a hostile location for crypto miners as the Asian country’s government has proposed a hike in its electricity tariff and taxes for crypto miners. The post New tax proposal in Kazakhstan could push crypto miners out appeared first on CryptoSlate.
2022-2-9 00:00 | |
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Major chipmaker Advanced Micro Devices (AMD) keeps making headlines amid the battle between crypto miners and PC gamers. Now, the company seems to have made a step forward to become friendlier to those with crypto mining purposes.
2021-3-23 21:30 | |
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Many have been wondering which group represents the majority of crypto bears recently as prices keep plummeting. Those that got into crypto within the last year have likely fled the scene with tails between their legs and burnt fingers.
2018-12-7 15:00 | |
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When the Bitcoin (BTC) price crashes, most investors first worry about their portfolio, but their second thoughts likely shift towards the miners. After all, the crypto economy is fueled by mining rewards, and there must be some value attached to the process of verifying transactions in order for the miners to be incentivized to keep the […] The post Bitcoin Miners Navigate A Crypto Minefield appeared first on Crypto Briefing.
2018-11-28 20:30 | |
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Cheap energy prices are sending crypto miners to the U. S. -Canadian border, turning hydropower into hash power, but the authorities are beginning to fight back. Taking Advantage of the Public Utilities Plattsburgh, a small town on the North American border has become ground zero for crypto mining.
2018-7-31 21:30 | |
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It is well known that crypto mining is energy-consuming process. Some of the U. S. states have taken measures against crypto miners as well. Recently, New York state created a new electricity rate scheme for cryptocurrency miners, who now pay more than average consumers.
2018-7-31 19:13 | |
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Commissioners from the Franklin County Public Utility District have decided to stop accepting applications from new crypto miners until they study the effects of the growing density of cryptocurrency mining farms on electricity supply in the region.
2018-7-31 14:39 | |
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The Franklin Public Utility District commissioners decided to stop accepting applications from new crypto miners until they assess the impact of the industry and come up with new prices.
2018-7-31 12:33 | |
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Are We Close To A Bullish Cryptocurrency Mining Market? At the end of 2017, cryptocurrency mining activities were at their peak. The famous virtual currency was traded around $20,000 dollars and miners were enjoying important returns after selling their coins in the market.
2018-7-31 09:29 | |
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Today, the days of hobbyist crypto miners are long gone, and thanks to the growth of larger miners (namely Bitmain) we can enjoy a more reliable, stable and faster network. However, this comes at a price.
2018-7-29 11:00 | |
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With crypto miners making up a large portion of total cyberattacks, the rate of cryptocurrency hacking is taking rise. In a policy update released July 26, 2018, Google banned crypto mining applications from its Play Store.
2018-7-29 03:00 | |
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New York-based Watts Miners announced the launch of three new miners on July 26, 2018. The new products set themselves apart from many existing miners in a few ways, making them an exciting addition to the crypto space.
2018-7-28 11:00 | |
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Google has updated its Play Store policy banning all the apps engaged into cryptocurrency mining activities along with low-quality and low-effort applications. The post Google Shows the Door for Crypto Miners Out of its Play Store appeared first on CoinSpeaker.
2018-7-27 21:55 | |
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Advanced Micro Devices (AMD) published its quarterly earnings report this Wednesday reporting that sales of graphics cards (GPUs) to cryptocurrency miners fell during the second quarter. AMD has reported second-quarter earnings of $116 million, or $0.
2018-7-27 19:17 | |
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(Source: Blocktrain) SealBlock recently launched the world’s first hardware-based hot wallet solution, designed to enable consumers and businesses to hold their digital assets in a highly-secure but connected location.
2018-7-27 11:00 | |
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GPU sales for cryptocurrency mining fell quarter-over-quarter, AMD announced in its Q2 report on Wednesday.
2018-7-26 00:33 | |
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Chinese mining company Bitmain has announced it is exploring new policies that will boost the company’s transparency and communication with the cryptocurrency community.
2018-7-26 19:33 | |
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Can I mine Bitcoin (BTC) Legally? Newcomers to the crypto world who are interested in becoming Bitcoin (BTC) miners often start out with the same question – Is it legal to mine Bitcoin? This is what we will try to answer and properly explain today, so let's get to it right away. Bitcoin Mining – […]
2018-7-23 08:30 | |
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Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.
2018-7-21 23:03 | |
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Semiconductor manufacturing giant TSMC said Thursday that it expects demand for cryptocurrency mining-related products to cool off during the third quarter of this year. In statements, an official from the company quarter cited “strong” demand from cryptocurrency miners, but suggested that TSMC sees this state of affairs changing in the months ahead. She added: “Moving
2018-7-20 21:37 | |
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TSMC Cuts Revenue Forecast Due to Weak Demand For Crypto Miners Taiwan’s microchip producing giant TSMC recently decreased its annual revenue and capital expenditure estimates after growth rate reduction in the smartphone and crypto mining industries.
2018-7-20 21:04 | |
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A growing number of cryptocurrency miners are finding other ways to put their equipment to use as depressed digital asset prices make it increasingly difficult to stay afloat in the market. This is the theme of a special report in the Los Angeles Times July 17, 2018, which outlines amongst other things, how a surplus in computing power is making crypto.
2018-7-20 13:00 | |
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TSMC said on Thursday that chip sales to cryptocurrency miners had offset weaker smartphone demand in the second quarter.
2018-7-20 10:37 | |
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Global semiconductor manufacturer TSMC has agained lowered its annual revenue forecast due to slowing demand from cryptocurrency miners
2018-7-20 04:20 | |
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For the time being, cryptocurrency miners and coin owners in Russia will have to pay taxes in accordance with the general law provisions.
2018-7-19 13:44 | |
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Russia Will Not Create Separate Laws For Bitcoin Owners And Cryptocurrency Miners While speaking with the local media, Anatoly Aksakov, the head of the Financial Markets Committee in Russia’s state Duma, stated that the government does not have plans to create any separate tax frameworks for crypto. According to him, people who get money from […]
2018-7-19 09:55 | |
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Cryptocurrency miners and holders in Russia will be regulated under the Internal Revenue Code, local news outlet Izvestiya reported July 18. The Chairman of the Russian State Duma Committee on Financial Markets, Anatoly Aksakov, told Izvestiya that lawmakers are looking to pass the bill on digital financial assets, or cryptocurrencies, during the autumn session of
2018-7-19 07:34 | |
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In Russia, no separate taxation rates will be applied to the mining and circulation of cryptocurrencies
2018-7-19 05:39 | |
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Russia will subject owners and miners of cryptocurrency to all existing tax obligations from Autumn, authorities hinted July 18. Aksakov: No ‘Separate’ Treatment For Crypto Speaking to local news outlet Izvestia, Anatoly Aksakov, head of the financial markets committee at Russia’s state Duma, said there were currently no plans to draw up “separate” tax frameworks solely for cryptocurrency.
2018-7-19 01:00 | |
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Illicit cryptocurrency mining, or “cryptojacking,” has become more popular among cybercriminals than ransomware, according to a report by Skybox Security. In its mid-year update, the firm said that crypto miners now account for 32 percent of all cyberattacks, while ransomware only makes up 8 percent.
2018-7-19 23:11 | |
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With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan.
2018-7-18 01:30 | |
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The state of New York has approved a new set of utility rates aimed at attracting further investment from crypto miners into the state. Under the new framework, crypto miners who have descended on upstate New York to take advantage of low electricity prices will now be able to negotiate contracts with a utility supplier.
2018-7-15 00:00 | |
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The state of New York doesn’t have the best of reputations when it comes to cryptocurrency. Its BitLicense requirement has made operating a crypto business very expensive and difficult. In an effort to turn things around, state regulators are now aiming to attract Bitcoin and altcoin miners. New York and Bitcoin Mining On paper, there […]
2018-7-14 21:00 | |
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Zcash (ZEC) is currently the most profitable cryptocurrency for those into crypto mining, with a Return of Investment that far outperforms any other token in the market, including those cryptos with the largest market cap such as BTC, ETH or BCH.
2018-7-14 06:45 | |
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New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. These requests come mainly from similar types of potential customers: server farms, generally devoted to data processing for cryptocurrencies. What is your response to the introduction
2018-7-14 06:36 | |
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New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased supply costs.
2018-7-14 03:30 | |
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Cryptocurrency Miners To Access Customized Electricity Payment Contracts A section of New York residents will now enjoy customized electricity bills after t regulators allowed a utility company to establish new rates for cryptocurrency miners.
2018-7-14 23:39 | |
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New developments in New York is likely to make its Upstate cities a more conducive home for cryptocurrency mining. Due to the abundance in power supply, the state’s regulator has opened the doors of New York”s upstate as it approves a decent payment rate for miners who consume massive amounts of electrical power to carry […] The post Joyous News For Crypto Miners As Upstate New York Approves Flexible Payment rate For Miners appeared first on ZyCrypto.
2018-7-13 23:17 | |
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Despite worries about cryptocurrency mining — from the impact that it can have on the environment to the potential impact it can have on the rates for other local electricity consumers — the state of New York has approved a bid to provide cheaper electricity to miners.
2018-7-13 22:00 | |
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After launching their Presale on July 1st, 2018 which ends July 20th, 2018, Bitminer Factory today announced their ICO will start July 21st, 2018 with limited time 12% discount. Their startup makes the Blockchain sustainable by using renewable energy to mine cryptocurrencies and shares the benefits with token holders.
2018-7-13 20:34 | |
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A new electricity rate scheme for cryptocurrency miners has been approved by New York state regulators. State regulators in New York allowed a municipal utility provider to implement a new set of electricity rates for cryptocurrency miners.
2018-7-13 18:24 | |
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A new electricity rate scheme for cryptocurrency miners has been approved by New York state regulators. Now miners will pay more than average consumers. The post New York State Creates a New Set of Electricity Rates for Crypto Miners appeared first on CoinSpeaker.
2018-7-13 15:51 | |
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New York City State is providing some reprieve to cryptocurrency miners after its regulatory authorities authorized a brand-new electricity rate for an upstate utility that lets mining ventures work out deals there.
2018-7-13 14:00 | |
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DTCC and Chainlink completed a pilot with major US banks to accelerate fund tokenization using blockchain technology. The post DTCC’s pilot project with Chainlink drives blockchain data to expand fund tokenization appeared first on Crypto Briefing.
UBS Group AG's 13F filing reveals a significant stake in BlackRock's iShares Bitcoin Trust (IBIT), signaling growing institutional interest in crypto. The post Swiss bank UBS holds 3,600 shares in BlackRock’s iShares Bitcoin Trust, SEC filings show appeared first on Crypto Briefing.
Former Twitter CEO Jack Dorsey predicts Bitcoin could reach at least $1 million by 2030, citing Bitcoin's collaborative ecosystem and growing mainstream adoption as key price drivers.
Deutsche Bank analysts warn of stablecoin risks, citing Tether's lack of transparency. The post Tether refutes Deutsche Bank research revealing stablecoin solvency risks appeared first on Crypto Briefing.
Lagrange Labs, a cryptography startup specializing in zero-knowledge proofs, raises $13.2M seed round led by Peter Thiel's Founders Fund. The post Lagrange Labs closes $13.2M to build out ZK proofs based on EigenLayer appeared first on Crypto Briefing.
Founded at Harvard, Botanix Labs raises millions to build the first Bitcoin-native Layer 2 primitive with full EVM equivalence — Spiderchain.
Key takeaways London-based Revolut has launched Revolut X to compete with leading crypto exchanges. Bitbot’s presale has now officially crossed the $3. 2 million mark. Revolut X is now live for experienced traders Financial institutions continue to troop into the cryptocurrency space and London-based Revolut will not be left out.