Crypto-Mining
Abu Dhabi Bans Crypto Mining on Farms, Citing Energy Use
Farms caught mining cryptocurrency will face penalties, including a fine of 100,000 dirham ($27,000), doubled for repeat offenses.
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass
Temporary bans may be imposed in other regions during peak energy demand, Tass reported
British Columbia Court Backs Ban on Crypto Mining in Canadian Province
Conifex, a B.C.-based cryptocurrency mining company, challenged B.C. Hydro's 18-month moratorium on mining.
How Miners Are Preparing for the Next Bitcoin Halving
As part of CoinDesk's special Mining Week, presented by Foundry, mining analyst Anthony Power joins "First Mover" to discuss the Bitcoin network's fourth "halving" event scheduled for next April and the implications for the crypto mining community. Foundry and CoinDesk are both owned by DCG.
How AI Impacts Crypto Mining
As part of CoinDesk's special mining week, sponsored by Foundry, author and journalist Jeff Wilser discusses the intersection of crypto mining and artificial intelligence (AI). Are crypto miners now pivoting to AI? Wilser explains why the answer is both yes and no. Foundry and CoinDesk are both owned by DCG.
Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal
Deal will help Soluna to be cash flow positive during the second half of this year.
White House Pushes for Punitive 30% Tax on Crypto Mining Operations
U.S. President Joe Biden is looking to impose a punitive tax on crypto mining operations for the "harms they impose on society," the White House’s Council of Economic Advisers (CEA) said Tuesday in an online post. The administration’s blog entry made the case for a U.S. tax equal to 30% of a mining firm’s energy costs – an unusual industry-specific penalty that could threaten the profits of such businesses. "The Hash" panel discusses the potential impact on the bitcoin mining industry.
Texas Blockchain Council President on State of Bitcoin Mining
Texas Blockchain Council President Lee Bratcher weighs in on the recent article from The New York Times that examines the energy cost of bitcoin mining. Plus, reaction to a proposed new law that could restrict key benefits for bitcoin miners in Texas passed a state Senate committee recently and is now headed to the full chamber.
Texas Bill Limiting Benefits for Crypto Miners Passes Committee Vote
A proposed new law that could restrict key benefits for bitcoin miners in Texas passed a state Senate committee on Tuesday and is now headed to the full chamber. CoinDesk Regulatory Reporter Amitoj Singh explains what this could mean for miners in the state. Plus, insights on the state of crypto in India amid regulatory headwinds in the U.S.
U.S. Treasury Suggests 30% Excise Tax on Crypto Mining Firms
The U.S. Treasury Department has proposed a 30% excise tax on the cost of powering crypto mining facilities. CoinDesk Editor at Large Christie Harkin weighs in on the reasons behind the proposal and how regulators view digital asset mining.
