mining companies

Riot Platforms Proposes Comprehensive Plan to Improve Bitfarms

July 9, 2024 Bitcoin.com

Bitcoin

Riot Platforms Inc. (Nasdaq: RIOT) has proposed a comprehensive plan to improve Bitfarms Ltd. (Nasdaq: BITF) and has launched a website to detail this strategy. As part of its efforts to acquire Bitfarms, Riot has called for a special shareholders’ meeting to nominate three new directors: John Delaney, Amy Freedman, and Ralph Goehring, who bring […]

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Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

Russia Expands Its Crypto Mining Capacity, Report Reveals

February 4, 2023 Bitcoin.com

bitcoin.com

The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major factors for the trend. Miners Prepare for Growth as Total […]

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Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees

January 7, 2023 Bitcoin.com

bitcoin farms

Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms and can be much higher than the original levy. New Year Brings Higher Costs […]

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Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective

November 28, 2022 Bitcoin.com

Adams

Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor and Bitcoin Supporter Eric Adams to […]

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Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits

April 3, 2022 Bitcoin.com

Astana Hub

Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms registered as “innovative companies,” to receive millions of dollars in tax preferences. 5 Mining Entities in Kazakhstan Get $18 Million in Tax Exemptions Auditors in Kazakhstan […]

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Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners

December 31, 2021 Bitcoin.com

Bitcoin

The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving away miners that saw the Central Asian country as a new home when China recently cracked down on the industry. NPP Project Revived Amid Short […]

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Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal

November 30, 2021 Bitcoin.com

2023

After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE) after merging with the company Adit Edtech. Griid to Go […]

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Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan