Bitcoin miners as energy buyers, explained
Bitcoin miners as energy buyers utilize renewable energy sources and excess electricity offered by utility companies to fuel their mining operations.
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Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes
A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 reinstated the nation’s stand against the unlawful mining operations and issuance of crypto assets.
Mississippi senate passes bill to protect cryptocurrency miners from discrimination
The state already has crypto miners, the bill to protect them still has to pass the house of representatives and be signed by the governor.
Bitfarms settles outstanding loan with BlockFi for $7.75M
The Toronto-based Bitcoin mining company has reduced its debt by nearly 85% since June 2022.
Argo CEO follows resignation trend after company acquisition by Galaxy Digital
The CEO of the cryptocurrency miner Argo Blockchain is the second executive to step down from the company after its acquisition by Galaxy Digital.
Russian government subsidies crypto mining facility in Siberia
The facility, which is to open this year, will possess 30,000 crypto mining machines, hire 100 workers and consume 100 megawatts from the power grid.
Crypto mining firms Hut 8 and US Bitcoin plan merger
The merger, which will create the company 'New Hut', is still subject to court and regulatory approval by U.S. and Canadian authorities.
Riot reports 17K miners offline due to Texas weather
The mining firm reported two of the buildings at its Whinstone facility in Rockdale were damaged in December as Texas experienced days of sub-zero temperatures.
Court permits Core Scientific to borrow $70M to replace existing loan
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11.
Bitcoin mining advocate is going state-to-state to educate US lawmakers
The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund.
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