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Crypto Mining

Bitfarms sold 90% of its Bitcoin mined in May

Bitcoin (BTC) miner Bitfarms sold 414 BTC, representing 90.19%, of its mined 459 BTC in May, according to a June 1 statement. According to...
Crypto Mining

Is the US 30% Bitcoin mining tax dead?

In a significant turn of events, the controversial Digital Asset Mining Energy (DAME) excise tax was not included in the latest Fiscal Responsibility...
Crypto Mining

Canaan’s mining revenue rises 3.3% in Q1 while overall revenue declines

Bitcoin (BTC) miner Canaan reported a 3.3% increase in its mining revenue for the first quarter, according to a May 26 statement.Mining revenueAccording...
Crypto Mining

Saylor advocates Ordinals Protocol, eyes global Bitcoin adoption

Michael Saylor, MicroStrategy CEO, has recently voiced his support for developing the Ordinals protocol as a critical component in scaling the cryptocurrency to...
Crypto Mining

Bitmain’s Upcoming Antminer KS3 ASIC for Kaspa (KAS) is Crazy Fast

16 May 2023 Bitmain’s upcoming Antminer KS3 ASIC miner for Kaspa (KAS) has been announced and it boasts some crazy specs for sure, especially compared...
Crypto Mining

Less than 50,000 blocks remaining

There are now less than 50,000 blocks to go before the Bitcoin halving triggers.A tweet from Bitcoin Woods highlighted the milestone, adding that...
Crypto Mining

Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert – Mining Bitcoin News

A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will...
Crypto Mining

Texas embraces greener Bitcoin mining with approval of flare gas emission bill

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome! 👋 You are...
Crypto Mining

Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1

Marathon Digital Holdings reported quarterly results for its cryptocurrency mining operations on May 10. Fried Thiel, chairman and CEO of Marathon, said: “After weathering a...
Crypto Mining

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years – Mining Bitcoin News

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite...
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