Here’s how much Kazakh gov’t made off crypto mining in Q1 2022
The Kazakh budget has not received the expected amount of fees from crypto mining as the government has shut down lots of miners to “ensure energy security,” the government said.
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Gov’t says crypto miners consume 2% of total electricity in Russia
Crypto mining falls under the “gray zone” in Russia, which means even though it's not banned, it doesn’t fall under the purview of law which could pose risks for those…
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to…
Bitcoin network difficulty falls 4.3% to 29.897T, biggest drop in 10 months
The network difficulty recorded a drop of 4.33% — falling from 31.251 trillion to 29.897 trillion on May 26, just two weeks after attaining its all-time high.
3 metrics contrarian crypto investors use to know when to buy Bitcoin
Bitcoin price is down, but which dips are the ones to buy? Here are three metrics savvy investors use to determine when to buy BTC.
Bitcoin Mining Difficulty Drops 4.33%, Biggest Reduction in 10 Months
It’s now 4.33% easier to mine bitcoin over the next two weeks as the difficulty adjustment algorithm (DAA) dropped from 31.25 trillion to today’s 29.85 trillion. It’s the largest DAA…
ESG Study Shows Bitcoin Mining’s Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do Better
In recent times, the impact of bitcoin mining on the environment has been a topical discussion as climate change activists believe proof-of-work (PoW) mining is too energy-intensive. However, a recent…
Tax guidelines for crypto mining pass the first reading in Kazakhstan
The gradual scale would impose the highest taxes on the cheapest electricity sources.
GPU prices are still on a decline: Is Bitcoin’s sorrow gamers’ joy?
Times are hard for Bitcoin and other cryptocurrencies, but gamers are in luck, as GPU prices are now more affordable.
Russia’s updated crypto mining bill cuts tax amnesty for Bitcoin miners
Legislators in the lower house of Russia's parliament also dropped the notion of a special register for mining operators.
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