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Germany Treads Lightly on Bitcoin Taxation

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Germany is taking a lead within European Union established economies, deciding upon slow regulation when it comes to the world’s most popular cryptocurrency, bitcoin. It will not tax the digital asset as a form of payment, miner rewards escape the sting as well, and even some exchanges will receive exemptions.   Also read: Bitcoin Futures Regulator … Read more

Russian Ministry Offers to Set Up Crypto Exchange for Miners

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Russia’s Ministry of Telecom and Mass Communications has put forward the idea to set up a cryptocurrency exchange, where Russian miners can trade their digital coins for fiat money. The ministry has held consultations with representatives of the crypto sector and prepared a comprehensive concept to regulate the mining industry. Also read: Two Russian Regions … Read more

Bitcoin Mining’s Carbon Footprint Is Blown out of Proportion

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It appears there is a lot of misinformation on the internet when it comes to cryptocurrencies and the associated electricity usage. More specifically, most sources claim Bitcoin mining uses a lot of energy, which is absolutely correct. However, it seems the situation is being blown out of proportion completely. The Truth About Cryptocurrency Mining According to … Read more

Louisiana Attorney General Fires IT Staff for Allegedly Mining Bitcoin

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It appears that the allure of free electricity and computer systems, courtesy of the tax payers, might be too hard for some government workers all over the world to resist. After it was recently revealed that Russian nuclear scientists were arrested for mining bitcoin on the job, now it is reported that American IT staff … Read more

Japanese Electricity Company Uses Excess Solar Power for Crypto Mining

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Japan’s Kumamoto-Energy, a local power producer and supplier from Kumamoto City, has revealed that it recently began using solar power for mining cryptocurrencies. This is another example of how, contrary to environmental hysteria by mainstream media sources, cryptocurrency mining can enable a greener future using renewable energy. Also Read: British Man in Amsterdam Allegedly Laundered … Read more

Report: Crypto Miners Bought 3 Million GPUs Last Year

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More than 3 million graphics cards have been sold to cryptocurrency miners in 2017, with sales reaching $776 million, a new report revealed. According to a major manufacturer, prices of GPUs will continue to increase in 2018, despite expectations of decreasing demand in the mining sector.   Also read: AMD Increases GPU Production to Match … Read more

Chinese Entrepreneur Warns Against Mining and ICO Bans

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Angel investor and Founder of Chinese app Meitu, Cai Wensheng, has published criticisms of the central government’s expanding regulatory crackdown on cryptocurrencies via Wechat. Mr. Wensheng warns that heavy-handed regulatory policies may squander the opportunity for China to maintain a significant presence in the burgeoning global cryptocurrency sector, in addition to arguing that many of … Read more

Will Regulation Spark A New Crypto-Boom?

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Regulation is quickly becoming a hot topic in the crypto-world. Disclosure: This is a Sponsored Article The unregulated, “Wild West” environment of the crypto market left investors wide open to fraudsters, scammers, and shady firms out to make a quick buck. The technology of blockchain and Bitcoin is here to stay. But to bring value … Read more