Search Results for: Crypto mining

BlockDAG’s 20,000x ROI Potential & Mobile Crypto Mining Boost Presale Amid Cardano Wallet Upgrade & Toncoin Bullish Price

The cryptocurrency sector is experiencing excitement with Cardano’s latest wallet upgrade, a bullish trend in Toncoin’s price, and the innovative concept of mobile crypto mining brought to the forefront by BlockDAG. These developments signify a notable shift towards more user-friendly and accessible crypto technologies. BlockDAG’s mobile mining app, which transforms

April 9, 2024 4 mins read

BlockDAG Leads the Crypto Mining Charge with 5000x ROI as Jupiter Exchange Listing & ATOM Price Rise Spur Hope

The world of crypto mining is in a state of rapid transformation, with miners constantly seeking improved and more efficient methods to mine cryptocurrencies. In this article, we examine three prominent coins that are making significant strides in this domain: analysing the surge in ATOM prices, the recent listing of

March 29, 2024 4 mins read

U.S President Proposes 30% Tax on Crypto Mining Power in 2025 Budget

In his proposed budget for the year 2025, Joe Biden, the president of the United States, has brought back the concept of a 30% tax on the power used by cryptocurrency miners. As stated in the U.S. Department of the Treasury paper “General Explanations of the Administration’s Fiscal Year 2025

March 12, 2024 2 mins read

Bitcoin Mining Firm GRIID Debuts on Nasdaq Stock Exchange

Uzbekistan Cracks Down on Crypto Mining With New Licensing Framework

With the approval of a framework for licensing crypto mining activities by the country’s crypto market regulator, crypto mining in Uzbekistan is about to undergo significant change. The National Agency for Perspective Projects (NAPP) in Uzbekistan has issued a rule requiring licensing for crypto mining operations. Thus restricting crypto mining

October 4, 2023 1 min read

Indonesia Closes 10 Bitcoin Mining Operations Over $1M Power Theft

Kyrgyzstan To Build Crypto Mining Farms; President Approves!

In Kyrgyzstan, the crypto mining farm will be built for $20 million, says President Sadyr Japarov with a nod. As per the reports of July 27, the Hydroelectric Power Plant under the government of Kyrgyzstan will be built. Back in 2010, the Kambar-Ata-2 was launched that lost 6.8B KiloWatt-Hours (kWh)

July 28, 2023 1 min read

Paxos Secures Preliminary Approval from ADGM to Offer Services in UAE

Crypto Mining Firm Phoenix Technology Contemplates IPO in UAE

Cryptocurrency mining gear supplier and mining facility operator Phoenix Technology is contemplating an IPO as per a Bloomberg report. The article claims that preliminary discussions have been in place for an IPO for Phoenix in Abu Dhabi. The UAE-based firm signed a $650 million contract for mining rigs in 2021,

July 28, 2023 1 min read

GRC Introduces HashRaQ® MAX to Enhance the Performance, Profitability, and Sustainability of Crypto Mining Operations

The HashRaQ® MAX is a powerful, reliable, and efficient cooling system for crypto mining operations, minimizing CapEx, OpEx, and carbon footprint while maximizing density, uptime, and profitability. AUSTIN, Texas–(BUSINESS WIRE)–GRC (Green Revolution Cooling), the global leader in single-phase immersion cooling for data centers, today announced its newest offering for blockchain

June 1, 2023 3 mins read

Uzbekistan Cracks Down on Crypto Mining With New Licensing Framework

Biden’s Proposed Crypto Mining Tax Blocked in Debt Ceiling Agreement

It became clear on Sunday that the Digital Asset Mining Energy (DAME) excise tax proposed by the Biden administration was blocked as part of the agreement between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling. The Biden administration justified the proposed 30% tax on crypto

May 29, 2023 1 min read

SunMiner - Earn Legitimate Passive Income from Cloud Mining

Montana Passes Pro-Crypto Mining Bill “Right To Mine” Into Law

Montana Governor Greg Gianforte has signed a pro-cryptocurrency mining bill, S.B. 178, into law. The bill largely prevents local governments in Montana from passing laws that prohibit cryptocurrency mining. It enshrines crypto miners’ rights in the state by revising existing laws to prohibit discriminatory electrical rates for mining firms and

May 5, 2023 2 mins read

Biden Proposes Tax on Crypto Mining To Address the Environmental Impact

In a budget proposal for the fiscal year 2024, US President Joe Biden suggested a new tax on cryptocurrency mining. Companies involved in crypto mining—the process of mining new cryptocurrencies by solving complex cryptographic problems and verifying transactions—will be subject to the Digital Asset Mining Energy (DAME) excise tax. 30%

May 4, 2023 2 mins read