US House Democrats Call for Scrutiny on Crypto Mining as Environmental Threat

2022-4-22 18:44

U.S. Rep. Jared Huffman sent a letter along with almost two dozen other congressional Democrats to the Environmental Protection Agency chief, asking him to devote additional scrutiny to potential harm cryptocurrency mining may cause to the climate and environment.

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Источник: coindesk.com

mining scrutiny → Результатов: 16

U.S. oil and gas companies are using unspent energy for bitcoin mining

Proof-of-Work (PoW) blockchains such as Bitcoin and Ethereum have been under the scrutiny of regulatory agencies because of the high carbon footprint they leave at their pace. PoW blockchains utilize huge amounts of electricity used in computational power to mine transactions and mint new coins.

2022-3-30 00:59	Cryptocurrency News
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Law professor calls for crypto mining regulation during US Senate hearing

The St. Mary’s University School of Law professor called for more scrutiny on the activities of miners, especially regarding their role in transaction ordering on the blockchain.

2021-7-29 15:42	Crypto regulations
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Crypto Miners Are Buying Up Entire Power Plants

As the energy demands of cryptocurrency mining garners increased scrutiny, some mining operations are cutting out the middleman and setting up shop inside existing power plants. These companies are in search of what’s called “stranded power,” which could be an existing power plant or an abandoned facility with access to dormant energy sources, […]

2021-9-8 21:05	the digest
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How China’s Bans Are Changing The Bitcoin Mining Landscape

Increased regulatory scrutiny from China is changing the bitcoin mining landscape. But where will hash rate go?

2021-6-30 21:32	Business
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Polkadot, VeChain and Tron Price Analysis: June 21

With the Chinese mining crackdown and anticipated regulatory scrutiny, Bitcoin experienced a drop of 7% in the last 24 hours. Other altcoins too have been trading in a bearish zone. DOT was down by 10The post Polkadot, VeChain and Tron Price Analysis: June 21 appeared first on AMBCrypto.

2021-6-21 16:30	News
june polkadot vechain tron analysis price zone

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Bitcoin Holding Companies Will Come Under Scrutiny from Biden Administration, Says Ripple CEO

Ripple CEO Brad Garlinghouse is once again taking aim at Bitcoin (BTC) mining energy consumption, predicting that the changing political landscape in the United States may affect companies holding the largest crypto by market capitalization.

2020-11-11 21:00	XRP
bitcoin ceo ripple holding companies changing political

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Stanford Student Calls Out Crypto Professor for Inaccurate Bitcoin Lecture

In January of 2019, student Conner Brown attended a guest lecture by a Professor Susan Athey at the University of Stanford Graduate School. She gave a presentation to his “Evolution of Finance” class titled “Blockchain and the Future of Finance.

2019-3-1 03:39	Adoption & community
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Blockchain Business in Crypto Valley Has Doubled Since Last Year: Report

The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries.

2018-10-11 00:18	Adoption & community
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Two Norwegian Miners Scrutinized for Low Taxable Incomes

Two Norwegian cryptocurrency miners have garnered national media attention after declaring taxable incomes of less than $20,000 USD despite having admitted to owning at least 34 bitcoins during December of last year.

2018-8-24 18:15
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Mining Firms Building Electrical Grids to Circumvent Government Apprehensions

Due to substantial energy demand, cryptocurrency mining businesses face scrutiny from both government bodies and utility departments. However, a Canadian mining venture is taking a unique path to prevent such backlash – by constructing its own electrical grid – as per reports on August 1, 2018.

2018-8-5 06:00	Regulation
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Crypto News Weekly - 04.08.2018 - Crypto Users Gamble on Trump Assassination, Sky Mining CEO Runs with $35M

Crypto users bet on assassination date for Trump, Ripple with Bill Clinton and Madonna, new exchanges under scrutiny again, Vietnamese CEO absconds with $35 million.

2018-8-6 08:55	News
crypto assassination ceo users trump million madonna

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Steam removes controversial game accused of mining cryptocurrency

Steam has removed “trivial platformer” game Abstractism from its store following accusations that the game is surreptitiously stealing users’ computing power to mine cryptocurrency. “We have removed Abstractism and banned its developer from Steam for shipping unauthorized code, trolling with content, and scamming customers with deceptive in-game items,” Doug Lombardi, VP of Marketing at Steam, told Hard Fork in an email.

2018-7-31 12:50	Insider
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Vietnam Central Bank Agrees To Suspend Import Of Cryptocurrency Mining Machines

The gear has come under scrutiny by the State Bank of Vietnam and the Ministry of Industry and Trade.

2018-7-21 00:16	World
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SEC shuts down a Bitcoin Miner Scam originating from a Kodak Licensee

Unrealistic Promises and Incorrect Math In January, a Bitcoin mining computer called the Kodak KashMiner was unveiled at the CES technology show held in Las Vegas. The Kodak miner was, however, put under scrutiny and dismissed outright as a scam by people like The Bitcoin Standard author Saifedean Ammous. Mikail explained that the United States’ Securities

2018-7-18 09:42
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Bitmain Announces a Beefier Z9 Equihash ASIC Miner

Bitmain has introduced a lot of new ASIC miners over the past twelve to eighteen months. Most of those devices have been met with a fair amount of scrutiny, mainly because they facilitate mining centralization.

2018-7-13 19:00
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Binance Could Come Back to India by Paying $2M Fine: Report

The exchange could return as a FIU-registered firm after paying the fine, the report added.

Canadian Province Asks QuadrigaCX Co-Founder to Explain His Wealth in New Order

This is the third test for the Province's new tool to combat money laundering.

U.S. CBDC Is Unlikely in the Near Term: Bank of America

The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.

India's Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges

India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.

U.S. Crypto Regulatory Fog Keeps Standard Chartered Rooted in UAE, Asia

Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.

EU Formally Agrees on New Crypto Tax Data Sharing Rules

The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.

Binance Japan Starts Onboarding Users

Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.

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2022-4-22 18:44

mining scrutiny → Результатов: 16

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