Venezuelan Authorities Seize Bitcoin Miners and Lethal Arsenal in Gang HQ Raid
Alex Lari
24/09/2023
During the Bitcoin2023 conference in Miami, MicroBT, a leading manufacturer of Bitcoin mining machines, introduced three new mining rigs, including the market’s current most powerful offering.
The Texas House and Senate have passed Bill 591, allowing bitcoin miners to use flared gas to power mining operations.
Cipher Mining, an American bitcoin mining firm, is determined to increase its overall hash rate capacity to more than 7.2 EH/s by adding 11,000 A1346 miners.
Joe Biden’s White House administration has proposed a Digital Asset Mining Energy (DAME) tax which would force bitcoin miners to pay tax to the amount of 30% of their electricity costs.
Bitdeer, a mining company led by former Bitmain Technologies CEO Jihan Wu, has revealed a strategic alliance with Druk Holding & Investments (DHI), the business arm of the Royal Government of Bhutan.
The Arkansas House of Representatives and Senate have passed a bill aimed at regulating bitcoin mining activity. The “right to mine” bill is now approved by the governor’s office, and is effectively a law.
The Texas Senate Committee has just approved Bill 1751, which places a limit on the participation of Bitcoin miners in demand response initiatives and bars them from tax abatements.
TeraWulf, the bitcoin mining company has announced it mined $6.49 million worth of Bitcoin in a single month.
Is Bitcoin boiling the oceans and consuming all of our resources? Or is it actually much more efficient than we would assume?