Renowned Bitcoin Miner Core Scientific Files For Bankruptcy
Core Scientific, a once-prominent Bitcoin miner, is the latest to announce its intention to seek Chapter 11 bankruptcy protection in Texas. After the failure of...
Tag : Bitcoin Mining
Nigeria Is Considering Legalizing Bitcoin Use
According to a local Nigerian newspaper, Babangida Ibrahim, head of the Nigerian House of Representatives Committee on Capital Markets and Institutions, the government would soon...
Electricity Crisis Causing Mining Problems in Cuba
Due to the Caribbean island’s electrical issue, crypto mining in Cuba has been halted for some time. Several sections of Cuba have endured frequent blackouts,...
A $500 Million Bitcoin Mining Lending Pool Has Been Launched by Binance
Binance has announced a $500 million loan pool, the biggest cryptocurrency exchange in the world, as the industry struggles to keep up with energy costs,...
Study Shows Bitcoin Mining’s Climate Damage Is Comparable to that of Beef and Fossil Fuels
In a recent study published in Scientific Reports, researchers report bitcoin’s environmental effects are similar to those of well-known pollutants such as cattle ranching and...
New York passes a law that restricts the mining of bitcoins
Legislators in New York have enacted a measure that prohibits new bitcoin mining businesses for the time being. In a 36-27 vote early Friday morning,...
Iran Allegedly Seizes 45K Illegally Run Bitcoin Mining Machines
Iran– Bitcoin mining machines that were supposedly being used illegitimately have been seized in Iran by the authorities. The machines were allegedly used illegally subsidized...
Bitcoin Mining: Tips to Reduce Energy Consumption
Bitcoin can be extremely profitable, but you need to invest a lot of money to mine it. It’s not just that Bitcoin is expensive inherently,...
Important things to know about Bitcoin profit tax
Bitcoins are taxable as the IRS has categorized it as the property instead of digital currency. So the trading profits you are having from the...
How to find bitcoin PCB manufacturer of Crypto-Mining machine?
Bitcoin PCB is one of the most faithful pools and if you are beginner then it is just icing on the cake. It is a...