New York Passes Bill to Limit Cryptocurrency Mining Operations
New York lawmakers have passed a milestone environmental measure designed to tap the brakes on the spread of cryptocurrency mining…
New York Passes Bill to Limit Cryptocurrency Mining Operations
New York lawmakers have passed a milestone environmental measure designed to tap the brakes on the spread of cryptocurrency mining…
Crypto Mining Cost Not Allowed as Deduction Under I-T Act: Finance Ministry
Infrastructure cost incurred in the mining of cryptocurrencies or any virtual digital assets will not be allowed as deduction under…
Illegal Crypto Mining Facilities Busted in Kazakhstan
Crypto mining, the process of generating assets such as Bitcoin, is legally permitted in Kazakhstan, but only via authorised mining…
Intel Launches New Chip for Crypto Mining and Making NFTs
Intel on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in…
Crypto Market Has Shed Over $1 Trillion in Market Cap Since November
Bitcoin and Ether hit their respective new all-time highs in November 2021, but things appear to have only spiralled for…
Experts Submit Testimonies on Energy Impact of Crypto Mining in US
The negative impact that crypto mining has put on power grids in several parts of the world, has become a…
Russia’s Central Bank Calls for Crypto Crackdown
The Russian central bank proposed Thursday cracking down on cryptocurrencies, a move which if adopted could disrupt the burgeoning virtual…
Kevin O’Leary May Launch His Own Green Bitcoin Mining Operation This Year
Shark Tank investor and chairman of O’Shares and Beanstox Kevin O’Leary aka Mr. Wonderful has shared his plans to invest…
Georgia Town Pledges Oath Against Crypto Mining: Here’s Why
With Bitcoin continuing its reign as the king of cryptocurrencies since 2009, more people are getting into its mining process.…