A New York State Senator just introduced a bill to impose new taxes on Bitcoin mining firms. If passed, it would levy progressive taxes, putting the highest obligations upon the largest businesses.…
New York lawmakers are trying to tax Bitcoin miners, citing excessive electricity use driving up bills for ordinary citizens as the reason for a new bill. Democratic Senator Liz Krueger and…
Bitcoin mining equipment maker Canaan (CAN) has secured its biggest hardware order in three years, selling over 50,000 of its Avalon A15 Pro bitcoin miners to a U.S.-based mining firm. The machines…
Cipher Mining’s (CIFR) $3B HPC deal should have been a catalyst, but the stock went sideways as a $1.3B convertible raise stole the spotlight. Here’s why institutions rushed in, and what it means for…
Bitcoin miners had a modest September slump, watching revenue shrink 4.23%—that’s $69 million gone compared to August’s haul. September Slide for Bitcoin Mining Revenue At the time of publication,…
The market cap of Bitcoin miners soared in September as firms in the space benefited from pivots to high-powered computing that feeds the burgeoning artificial intelligence sector, according to a…
Crypto miners are looking to use Brazil’s clean energy surplus without putting a strain on the grid. Summary Crypto miners are looking to exploit the overabundant clean energy in Brazil Tether is…
The total market cap of the fourteen U.S-listed bitcoin BTC$111,480.33 miners that JPMorgan tracks exceeded $50 billion for the first time last month, the Wall Street bank said in a report Wednesday.…
Abu Dhabi’s Agriculture and Food Safety Authority (ADAFSA) announced a new enforcement regime that fines farms Dh100,000 if cryptocurrency mining is detected on agricultural land, doubling that amount…
Soluna Holdings and Canaan Inc. signed a hosting deal to deploy 20 megawatts of Avalon A15 XP bitcoin miners at Soluna’s wind-powered Project Dorothy site in Briscoe County, Texas. Canaan’s Avalon…