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Argentine Tax Authority AFIP Strengthens Supervision, Finds Three Clandestine Cryptocurrency Mining Farms

Argentine Tax Authority AFIP Strengthens Supervision, Finds Three Clandestine Cryptocurrency Mining FarmsThe Argentine tax authority (AFIP) found three different clandestine cryptocurrency mining farms last week. The farms were located in San Juan and in the city of Cordoba. More than $600,000 in hardware was found at just one of these locations, and the high level of power consumed helped the institution track these farms. Argentine Tax […]

Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC

Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners

Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency MinersThe Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in the Tierra del Fuego province, one of the provinces more notably occupied by miners in the country due to its […]

Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC

Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power Cuts

Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power CutsThe Argentinian government is starting to inquire about the power consumption of bitcoin mining companies after some provinces in the country faced power cuts during the last days of 2021. Cammesa, the state-owned power wholesaler, has sent a memo to big power consumers to reveal whether they are mining cryptocurrency. If so, the companies should […]

Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC