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Armenia may soon follow in the footsteps of countries like Belarus in regards to crypto regulation. Newly proposed legislation provides the basis for legalizing and regulating cryptocurrency mining in the country. Tax exemptions and other incentives will be offered to miners. If the draft law is adopted, businesses will be able to operate mining facilities … Read more
Russia’s largest bank, the state-controlled Sberbank, has reiterated that it is not mining cryptocurrencies. However, the bank says that it has often caught its employees crypto mining using the bank’s equipment. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Sberbank Claims It’s Not Mining Crypto The state-controlled Sberbank is the largest bank … Read more
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Bitcoin might be magical internet money, but it has a very physical side in the form of the mining equipment needed to maintain the network. And if you’re someone that doesn’t like to leave an online trail or use a credit card for all your purchases, nothing beats a store IRL. That’s why bitcoin hardware … Read more
Venezuela says it has found a number of foreign investors for the pre-sale of its “oil-backed” national cryptocurrency, the petro. Starting this month, Venezuela is expected to pay companies from Brazil, Poland, Dinamarca, Honduras, Norway, Vietnam, and other nations for food and medicine imports with the petro. Also read: Japan’s DMM Bitcoin Exchange Opens for Business … Read more
New Monero-mining ADB.Miner worm is rapidly spreading, 7,000 Android devices infected so far. #NEWS Go to Source Powered by WPeMatico
Venezuela’s president Nicolas Maduro has invited all OPEC nations to jointly develop a platform for the trading of oil-backed cryptocurrencies. Venezuela is preparing for a pre-sale of the petro, its oil-backed cryptocurrency which can be used to pay national taxes, fees, and public services. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies … Read more
Instead of dozens tweets, just read one piece. #REGULATIONS Go to Source Powered by WPeMatico
Watch out Canada! New York wants a piece of the bitcoin mining market, securing for its residents revenues and jobs that come along with the electricity intensive process. Bitcoin mining might even help revive local economies that once relied on polluting industries. Also Read: Senate of Nigeria Launches Probe of Bitcoin Trading in the Country … Read more
Bitcoin and cryptocurrency mining has become a growing industry, and mining operations continue to compete by making faster chips and purchasing large quantities of land to host data facilities all over the world. Data recorded from around the globe shows the mining economy is booming and the venture has become very profitable for many mining … Read more
