Amidst stringent regulatory scrutiny in the US, Binance is diving headfirst into the crypto mining landscape with a new subscription-based cloud mining service for bitcoin. As of June 15, the company unveiled its novel cloud mining services, catering specifically to Bitcoin (BTC) mining...
The issuer of Tether (USDT), the world’s most popular stablecoin, is setting up an operation to mine bitcoin (BTC) in Uruguay. This marks the first significant move by Tether into mining and is part of a larger push to provide broader access to...
In May 2023, Hut 8 Mining, a crypto miner based in Toronto, Canada, and one of North America’s largest publicly traded mining firms, mined 147 bitcoin (BTC). This news comes when the Bitcoin hash rate is falling. Hut 8 Mining mined 147 bitcoin in May...
The 88th session of the Texas Legislature has passed a series of bills set to influence the state’s bitcoin mining industry. In the recent 88th legislative session, Texas lawmakers have made strides in legislation impacting local bitcoin miners. Several bills have passed which...
El Salvador is embarking on an initiative to establish a renewable energy power generation park in the Metapán area, aiming to become a center in the global bitcoin mining industry. Tether has announced its participation as an equity investor and advisor, highlighting the...
The TON Foundation, a non-profit association dedicated to advancing The Open Network (TON), has unveiled a liquidity mining rewards campaign designed to incentivize users from other chains to join the TON ecosystem. With rewards of up to $720,000 in toncoin (TON), the campaign...
A tentative deal aimed at averting a US government default on its debts has relieved cryptocurrency miners, particularly bitcoin (BTC) ones. Ohio Representative Warren Davidson has revealed that the proposed agreement includes removing a controversial tax on the energy consumption of crypto miners....
Diving into the bitcoin mining pool doesn’t require a fortune, but it does require patience, with some comparing it to winning the lottery. Bitcoin mining, once the domain of tech enthusiasts, has grown into a substantial industry around the world. These days, large-scale...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied With the rise in the wide adaptability of cryptocurrencies, there is an emerging need to generate ways to earn from these coins. Founded in 2016, Gbitcoins is a cloud...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The discussion around mining and taxing cryptocurrencies is still going strong. White House advisors rekindled the conversation, to which a prominent American environmental lawyer called Robert F. Kennedy Jr....