Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of
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Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes
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White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page
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Biden Administration Proposes 30% Tax On Crypto Mining To Counter Environmental Impact
Several US authorities have raised concerns regarding the environmental impact of crypto mining. Previously, US lawmakers probed the crypto mining energy use and environmental impact.
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Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023
New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive.
Read moreCryptocurrency — 7 facts to make you a better investor
Cryptocurrency is a hot topic of discussion today. We have seen a rapid growth in the Cryptocurrency market in the last decade. It has… Continue
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