Arkansas lawmakers float bill to ban crypto mining near military facilities
The bill restricts crypto mining within a 30-mile radius of military bases, camps, hospitals, clinics and arsenals. Go to Source
crypto mining
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Mining company MARA lent out 7,377 BTC to third parties in 2024
According to MARA, the mining company’s Bitcoin holdings are now valued at $4.2 billion, assuming a price of $93,354 per BTC. Go to Source
US accounts for over 40% of global Bitcoin hashrate: Report
Hashrate dominance continues to be debated due to the pseudonymous and geographically distributed nature of Bitcoin mining. Go to Source
Crypto Biz: The Year of Bitcoin
This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the US. Go to Source
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners, due to its untapped renewable energy resources. Go to Source
Microsoft touts next-gen data centers that don’t consume water for cooling
Microsoft says its latest “closed loop” water recycling data center design would save 125 million liters of water annually per facility. Go to Source
Publicly traded mining companies spend $3.6B on PP&E so far in 2024
Crypto mining hardware typically has a lifespan between 3-5 years on average and must be periodically upgraded to maintain profitability. Go to Source
US judge supports crypto miner in Chinese ownership dispute
A federal judge has temporarily halted Arkansas laws targeting foreign crypto mining firms, citing potential constitutional violations. Go to Source
Mara Holdings raises $1B for Bitcoin acquisition, debt buyback
Mara Holdings has secured $1 billion through convertible notes for strategic debt management and aggressive Bitcoin investment. Go to Source
Russia’s Sweeping Crypto Mining Regulations Take Effect, Setting Strict New Rules
Russia’s sweeping crypto mining regulations took effect Nov. 1, transforming the industry with strict energy caps, mandatory registration, and stringent oversight. Russia’s Crypto Law Takes Effect, Sparking Changes in Energy and Oversight On Nov. 1, the Russian government introduced a regulatory framework for cryptocurrency mining, marking the implementation of a law signed by President Vladimir … Read more
