Kazakhstan collected $7M in crypto mining taxes in 2022
The government of Kazakhstan has received 3.07 billion tenge (approximately $7 million) in tax payments from crypto mining entities in 2022,..
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Ethereum Merge to 'swamp' other coins with miners — Mining CEO
The Ethereum network’s transition from a proof-of-work (PoW) consensus is likely to flood the crypto industry with out-of-work ETH miners, causing..
Read MoreSBF denies FTX is eyeing distressed crypto mining companies
Sam Bankman-Fried, the founder of crypto exchange FTX, has calmed speculation that the company is exploring acquisitions of distressed crypto mining..
Read MoreCrypto miners exempt from IRS reporting rules, US Treasury affirms
The cryptocurrency industry in the United States is about to score a major legal win as the U.S. Treasury Department plans to spare crypto miners,..
Read MoreAlibaba to ban crypto miner sales amid Chinese crackdown
Chinese e-commerce giant Alibaba is the next company to wrap its cryptocurrency-related services in response to the ongoing crypto crackdown in China...
Read MoreCity in Sichuan reportedly orders crypto miners to shut down for investigation
Chinese authorities continue to crack down on cryptocurrency mining as a city in Sichuan province has reportedly halted local Bitcoin (BTC) mining..
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