Brazil considers zero tax on green bitcoin mining
A Saturday report from Brazilian media outlet Seudinheiro explains that a series of new proposals from Brazilian lawmakers could reduce the criticism crypto gets in South America’s largest country. Congress also heard a proposal for cryptocurrency to be regarded as a currency as opposed to a commodity. If this proposal passes, crypto exchanges will be able to […]
Bitcoin mining causes power grid issues in Kazakhstan
Besides trading digital assets, Bitcoin mining is another way to make huge profits in the crypto market. But the activity is not for the faint-hearted they need a lot of resources to pull it off and offer services to crypto traders. When China announced that digital assets mining had been banned in May, many people were hoping […]
Perth Heat baseball team to pay players in Bitcoin
Perth Heat, one of the most successful Australian Baseball League sides, entered the cryptocurrency market by saying on Wednesday that they would pay players and staff in bitcoin, adding they were the first team to do so in the world. The Heat, who have won four ABL championships in the modern era, said that they […]
Blockfusion and Minerset start $6M Niagra Falls site expansion
First images and videos are now available of the Minerset & Blockfusion Niagra Falls site expansion. A $6 Million dollar investment has been made into the project to further expand operations. Currently the Minerset is focused on building and operating large-scale mining facilities and advanced data centers in the U.S. market. Pod 2 and 3 […]
Minerset & Enmine to attend World Digital Mining Summit 2021 in Dubai
Minerset and Enmine are excited to announce they will be attending World Digital Mining Summit 2021 which is organized by Bitmain, the world’s leading producer of cryptocurrency. Minerset has been an official Bitmain reseller for many years and having shipped thousands of S9, Z9 and new generation miners such as the S19 and S19 Pro. […]
What is Quantum Blockchain? A major new breakthrough in Bitcoin mining
Quantum Blockchain Technologies’ (LON:QBT) latest UK patent application could be a major breakthrough in Bitcoin mining says the technology investment company CEO, Francesco Gardin. Quantum Blockchain is essentially a support stock in the crypto world. It describes itself as an investment company focusing on the technology sector, although like Bitcoin, it has had a number […]
Volaris El Salvador airline to accept Bitcoin as payment method
Salvadoran President Nayib Bukele took to Twitter to announce that the airline would accept Bitcoin. In a recent Volaris event hosted on Twitter, President Bukele highlighted that the ability to pay with Bitcoin and the state-run Chivo wallet “allows us to increase the offering of flights for Salvadorans.” Following in El Salvador’s footsteps, authorities from a Venezuelan […]
USA now largest Bitcoin mining hub
The United States has supplanted China as the world’s largest center for Bitcoin mining after Beijing announced that the practice would be forbidden. The U.S. now accounts for more than 35% of the global share of Bitcoin mining, a figure far higher than just a year ago, when it accounted for just 4.2%, according to research published […]
Vladimir Putin “Crypto has the right to exist and can be used as a means of payment”
Russian President Vladimir Putin signaled tolerance of cryptocurrencies, which are drawing increasing scrutiny from regulators around the world amid fears they can be used for money laundering and criminal activity. Cryptocurrency “has the right to exist and can be used as a means of payment,” Putin said in an interview with CNBC that was posted on the […]
Bitcoin’s hashrate is expected to climb back near its all-time highs in Q4 2021
The hashrate, one of the major profitability drivers for the crypto miners, is expected to climb closer to 185 exahashes per second in the fourth quarter, the report said. This would mark a rise of about 33% from the Oct. 7 hashrate of 139 exahashes per second, according to Glassnode. In the fallout of China’s […]
