In a new first for bitcoin adoption by governments, Colorado has officially become the first U.S. state to allow citizens to pay taxes in bitcoin (BTC).
Most mining firms are looking for places with low electricity costs, and the US provides that. The states could benefit from Bitcoin mining through tax revenue and employment creation.
Ethereum's new validator system ushered in a new cast of characters responsible for keeping the chain up and running. With these new characters came new concerns around network centralization.
BitNile Holdings Inc. is expecting its Bitcoin mining production run rate to nearly double by the end of the year. The investment holding company said Monday that its run rate is projected to hit 4.7 bitcoin a day by month's end and 9.3 bitcoin a day by year's end with the help of new miners being installed this month.
According to the Wall Street Journal, Ether's recent shift from its previous PoW to a PoS model, which classifies the world's second largest cryptocurrency as a security, may have caught the attention of SEC Chairman Gensler.
Data analytics platform Glassnode has also provided an update on Bitcoin Hashrate. The share of BTC hashrate of Poolin has declined by over 12.4% to just 4.8% of the total.
A broad miner capitulation started in the beginning of the summer as the bitcoin price took a deep plunge, erasing all gains made in the previous year.
Ethereum’s co-founder Vitalik Buterin recently did an interview with the economics author Noah Smith and Buterin had a lot to say about the current state of crypto.
Fanny Philip, COO of Sato Technology, multiplied down on accepting that bear markets ought to be viewed as a manufacturer's market for mining organizations.
Coinspaid, a supplier of European Cryptocurrency Infrastructure, in which companies that accept Bitcoin and other cryptocurrencies are positively seen and have a remarkable influence on the life of people in Brazil, Columbia and Argentina.
Most Moscow establishments have sided with MINFIN's approach, along with the federal government, which subsidized the ministry's regulatory idea in February.