Bitcoin Mining – Page 104 – Miami Crypto Coin

Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s

Post author:MiamiCrypto
Post published:February 13, 2022
Post category:Bitcoin Mining Hash Rate lightning network Mining Mining Pools Security

The network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in just one day, further ensuring resilience against attacks on the Bitcoin network.

The world’s first and oldest Bitcoin mining pool has mined nearly 1.3 million BTC since inception

Post author:MiamiCrypto
Post published:February 11, 2022
Post category:Bitcoin Mining Blockchain Braiins Cryptocurrency Czechia Kristian Csepcsar Satoshi Slush Pool

Over 15,000 users, mainly small individual miners, are part of the still-growing Braiins (Slush Pool) ecosystem.

Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard

Post author:MiamiCrypto
Post published:February 11, 2022
Post category:Antminer ASIC ANTMINER S9 beijing Bitcoin Mining Bitmain Hydrominer Mining Sustainability Washington

Sustainable Bitcoin mining gets a boost from the joint venture between mostly hydro-powered BTC miners Merkle Standard and infrastructure provider Bitmain.

Sustainable Bitcoin miner uses waste heat to dry wood

Post author:MiamiCrypto
Post published:February 11, 2022
Post category:Bitcoin Mining Greenergy Hydrominer Mining Norway

Not only does one Norwegian Bitcoin miner boast 99% renewable energy stats but it’s even using waste heat to dry out timber and soon seaweed.

Kazakhstan President Orders Government to Find All Miners and Raise Tax by April

Post author:MiamiCrypto
Post published:February 10, 2022
Post category:Bitcoin Bitcoin Mining checks Crypto crypto miners Crypto mining Cryptocurrencies Cryptocurrency Electricity electricity tax Energy equipment hardware imports inspections Kazakhstan Miners Mining Oversight power President Regulations surcharge tax Tokayev

President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal…

Living on a volcano: The outlook of El Salvador’s crypto mining industry

Post author:MiamiCrypto
Post published:February 10, 2022
Post category:Bitcoin Mining Bitcoin Regulation Bond Investments Bonds Cryptocurrency Investment El Salvador Energy Energy Consumption Investments Mining

El Salvador’s crypto mining potential is there but it will take some time and effort to come to fruition

Billionaire Bill Ackman calls for crypto clarity in New York

Post author:MiamiCrypto
Post published:February 10, 2022
Post category:Bitcoin Bitcoin Mining BitLicense New York

Billionaire Bill Ackman has called upon the city authorities to ensure that more innovators don’t migrate because of the regulatory hurdles.

No precedent: IRS court settlement doesn’t clarify crypto staking taxes

Post author:MiamiCrypto
Post published:February 8, 2022
Post category:Analysis Bitcoin Mining Court Digital Currency Education Government IRS law Legal Brief Mining Proof-of-Stake Proof-of-Work taxes Tezos United States

There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression.

Simple math says Russia could collect up to $13B in crypto tax each year

Post author:MiamiCrypto
Post published:February 8, 2022
Post category:Bank of Russia Bitcoin Mining Cryptocurrencies Russia taxes

The analytic note mentioned that the estimates are purely an overview and based on a basic tax slab of 6%, which would be quite different once regulations are set in…

Nasdaq will list Valkyrie’s ETF linked to Bitcoin mining firms on Feb. 8

Post author:MiamiCrypto
Post published:February 7, 2022
Post category:Bitcoin Mining Business Investments Mining Nasdaq SEC

At least 80% of the investment's net assets are through securities that “derive at least 50% of their revenue or profits” from Bitcoin mining.