Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme” and an “attack on innovation.” She argued that such a high tax rate would stifle […]
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The Russian State Duma passed a bill legalizing Bitcoin mining and allowing the use of crypto for international trade. The bill, which was first introduced a few years ago, is expected to take effect on […]
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US Public Bitcoin miner CleanSpark has released its unaudited Bitcoin mining and operations update for July 2024. It reports mining 494 BTC during the month and a 567% increase in its Bitcoin treasury compared to […]
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Bitcoin miner Riot Platforms reported a net loss of $84.4 million for the second quarter, compared to a net loss of $27.4 million during the same period last year. Despite the financial setback, the company […]
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Bitcoin miner Riot Platforms has intensified its acquisition strategy against rival Bitfarms by purchasing approximately 10 million additional shares this month, according to a July 31 filing with the US Securities and Exchange Commission (SEC). […]
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