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Tag: Mining Energy

Texas Blockchain Council challenges controversial Bitcoin mining energy survey

In the recent SlateCast episode, Texas Blockchain Council Chairman President Lee Bratcher discussed the controversial emergency survey recently issued by the Energy Information Administration...

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Bitcoin’s Energy Consumption Debate: Unpacking the Latest Developments

The ongoing discussion over Bitcoin's energy use has captivated the world's attention. Concerns about the flagship cryptocurrency's environmental impact have grown as it has grown in popularity...

Bitcoin Clean Energy Usage Reportedly Exceeds 50% — Will Tesla Start Accepting BTC Payments? – CryptoInfoNet

Elon Musk said in 2021 that Tesla would accept Bitcoin payments once miners were using roughly 50% clean energy sources “with positive future trend”...

Bitcoin miners raked $184M in fees in Q2, surpassing all of 2022

Bitcoin (BTC) miners made a lofty $184 million from transaction fees in the second quarter, far more than what they pocketed over the entire 2022...

Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?

Bitcoin (BTC) miners in the United States can breathe a sigh of relief after a proposed tax on crypto mining did not make it...

What’s next for crypto miners after US debt ceiling deal?

In this issueUS crypto mining tax: No dealNFT lending: Awash with competitionBeijing and Web3: Red hot ambitionsFrom the editor’s deskDear Reader,Innovation is a messy...

Bitcoin Mining Industry Spared From 30% Tax In US Debt Ceiling Deal – CryptoInfoNet

Bitcoin mining has lately been on the focal point as a possible beneficiary in a vital negotiation. Ohio Rep. Warren Davidson has revealed {that...

US Scraps Plans for Bitcoin Mining Excise Tax, Congressman Confirms

The Biden Administration’s federal budget proposal to charge a 30% tax on all Bitcoin miners in the United States has been scrapped, a...

Cryptocurrency Mining Community Celebrates Removal of 30% DAME Tax in Budget Agreement – Investor Bites

SNEAK PEEK Congressman Warren Davidson has disclosed that the recent debt limit deal includes a provision to eliminate the 30% DAME tax. The proposed...

US Debt Ceiling Deal Blocks 30% Bitcoin Mining Tax: Congressman – Decrypt

As the details of the agreement reached between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling were made public...

This Week in Coins: Bitcoin and Ethereum Stand Still After Fed Rate Hike

After posting small gains last weekend, the price growth of crypto market leaders Bitcoin (BTC) and Ethereum (ETH) slowed to effectively nothing this week. Bitcoin...

Biden Proposes Tax on Crypto Mining To Address the Environmental Impact

8 seconds ago | 2 mins read Bitcoin News Crypto mining contributes to...

White House Issues Report Justifying 30% Crypto Mining Tax, Cites Lack of ‘Economic Benefits’

A proposed 30% excise tax on cryptocurrency mining firms was the focus of a report released by the White House on Tuesday, in which...

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