Mining – Page 2 – Bold Players

Fahrenheit wins auction for Celsius’ assets

Bankrupt crypto lender Celsius Network announced today that crypto consortium Fahrenheit has won in the court‑approved auction process to sell its assets. In a May 25 statement, Celsius said Fahrenheit would provide the capital, management team, and technology required to successfully establish and operate a new company, NewCo, as stated in its bid under its…

Saylor advocates Ordinals Protocol, eyes global Bitcoin adoption

Michael Saylor, MicroStrategy CEO, has recently voiced his support for developing the Ordinals protocol as a critical component in scaling the cryptocurrency to a broader audience. Saylor believes that Ordinals inscriptions are crucial for Bitcoin and gave two primary reasons in a video shared by the CEO of Ninja Alerts, Trevor Owens. Firstly, for Bitcoin…

Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…

Kazakhstan’s Bitcoin mining industry has several challenges ahead

In May 2023, Kazakhstan’s share of the global Bitcoin mining hashrate stood at 4%, down from its peak of 18% in October 2021. Kazakhstan’s mining industry boomed between 2020 and 2021, driven by cheap electricity, hosting demand, access to cheap Chinese machines, relaxed regulations, and tax benefits, according to a Hashrate Index report. With the…

Bitdeer expands to Bhutan, expects to raise $500M

Marathon mined $20M Bitcoin in April and increased hash rates, BTC holdings

Canadian province New Brunswick has denied energy to crypto miners for months

Biden’s bold move: White House wants crypto miners to pay 30% climate change tax

The Biden administration proposes a 30% tax on crypto miners to address climate change. Miners in the firing line According to Yahoo News, the Council of Economic Advisers (CEA,) an agency within the U.S. Executive Office of the President, is pushing for a Digital Asset Mining Energy (DAME) tax. The CEA stated that cryptocurrency miners…