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).
Meanwhile, even with the hash rate sky high, miners keep building and building onto the infrastructure. That’s incredibly bullish for bitcoin’s long-term prospects.
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.
Forestminer is a new Ethereum Miner manufacturer. They bring us their newest product for 2022. This power Ethereum Miner comes with 2800Mh/s Hashrate with 3700W Power consumption. Definitely one of most profitable miners of the year in 2022.
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.
The massive overhaul of Ethereum known as the Merge has finally happened, moving the digital machinery at the core of the second-largest cryptocurrency to a vastly more energy-efficient system after years of development and delay.
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.