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crypto mining

U.S. Department of Energy Agrees To Stop Gathering Information on Crypto Mining Following Lawsuit

The U.S. Department of Energy (DOE) is agreeing to stop gathering data about the energy usage rates of crypto mining…

March 3, 2024

U.S. DOE Halts Survey of Crypto Mining Energy Use After Lawsuit From Riot and Texas Blockchain Council: Report

The U.S. Department of Energy (DOE) is reportedly stopping its survey on crypto mining energy use after being sued by…

February 26, 2024

US Government Announces New Probe Into Cryptocurrency Mining Operations in the United States

The U.S. Energy Information Administration (EIA) is announcing that it will be carefully examining crypto mining operations in the country.…

February 4, 2024

Tether Now Holding at Least $2,821,269,600 in Bitcoin As BTC Accumulation Spree Continues, Says Quant Analyst

Stablecoin issuer Tether (USDT) is now holding at least $2.82 billion of Bitcoin (BTC) as the firm continues to scoop…

January 18, 2024

Man Faces Life Sentence After China Accuses Him of Running Secret Crypto Mining Activities, Bribery: Report

A Chinese man will reportedly spend the rest of his life in prison after being caught hiding illicit crypto mining…

August 23, 2023

Plans for 30% Tax on Bitcoin Mining Shut Down in New Debt Deal: Senator Warren Davidson

Negotiations over the new debt deal squashed the Biden Administration's plan to phase in a 30% tax on the electricity…

May 31, 2023

Arizona Governor Shuts Down Bill Favoring Crypto Mining Industry

Arizona Governor Katie Hobbs says she vetoed legislation that would prohibit municipalities from taxing residential cryptocurrency mining operations. In a…

April 15, 2023

Crypto Exchange Binance Announces $500,000,000 in Funding To Support Critical Bitcoin Sector

The world’s largest crypto exchange platform is announcing plans to raise hundreds of millions of dollars to support Bitcoin (BTC)…

October 14, 2022

Eyes on New York Governor Kathy Hochul After State Lawmakers Pass Moratorium on Proof-of-Work Crypto Mining

A bill that would create a moratorium on proof-of-work crypto mining has been approved by the New York State Senate…

June 4, 2022

SEC Fines Tech Giant Nvidia for Alleged ‘Inadequate Disclosures’ on Impact of Crypto Mining on Revenue

The U.S. Securities and Exchange Commission (SEC) is fining tech giant Nvidia for inadequately disclosing how much crypto mining directly…

May 9, 2022