Tag: crypto mining

news-23072024-203741

Biden’s Proposed Bitcoin Mining Tax Criticized by Lummis

Senator Cynthia Lummis of Wyoming has strongly criticized President Biden's proposed 30% tax on Bitcoin miners, calling it a "dangerous scheme" and an "attack on innovation." She believes that such a high tax rate...
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DOE Crypto Mining Survey: Industry Perspectives on Controversial Take Two

The U.S. Department of Energy (DOE) is gearing up to retry its efforts to survey crypto mining companies about their energy usage after facing legal challenges. This time around, the department is seeking input...

Pakistani province to pilot crypto mining farms

The Pakistani province of Khyber Pakhtunkhwa will build two pilot cryptocurrency mining firms as part of a brand new state policy.The Pakistani province of Khyber Pakhtunkhwa, or KP, has made a national committee to...