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Bitcoin mining stocks are far riskier than Bitcoin itself

Key Takeaways Bitcoin mining stocks have underperformed Bitcoin heavily over the last year Greater competition among miners and higher amounts of energy required means margins are thinner Rising electricity costs and lower value of Bitcoin have also hurt miners immensely  Greater number of variables beyond merely the price of Bitcoin means mining stocks have been […] The post Bitcoin mining stocks are far riskier than Bitcoin itself appeared first on CoinJournal. дальше »

2023-6-22 16:52


Bitcoin miners lament falling fees, but debt ceiling negotiations cut 30% tax

Key Takeaways A proposed 30% tax on crypto mining appears to have been cut as part of US debt ceiling negotiations  Decision a win for crypto miners, who are struggling amid rising hash rate and increased electricity costs  Miners also held onto Bitcoin reserves through pandemic bull market, a mistake which proved fateful When you […] The post Bitcoin miners lament falling fees, but debt ceiling negotiations cut 30% tax appeared first on CoinJournal. дальше »

2023-5-30 15:34


Is It Feasible for Biden’s Proposed 30% Tax on Crypto Mining?

President Joe Biden has proposed a tax on cryptocurrency mining to address economic and environmental concerns, but experts are skeptical about its implementation. The proposal, named Digital Asset Mining Energy (DAME) excise tax, would impose a tax of up to 30% on the electricity costs of crypto miners, with increments of 10% over three years […] Сообщение Is It Feasible for Biden’s Proposed 30% Tax on Crypto Mining? появились сначала на Coinstelegram. дальше »

2023-5-4 12:54