The IRS has considered crypto mining revenue as part of taxable income since 2014.
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Bit Mining to Deploy Another 2,500 Bitcoin Miners in Kazakhstan
Bit Mining is going to expand its operations in Central Asia with the purchase of 2,500 crypto mining machines slated for deployment in Kazakhstan. The
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Genesis Digital Assets raises $125M as mining sector pivots to the west
Genesis plans to more than triple its hashing capacity from 2.6 EH/s to 8.1 EH/s.
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BIT Mining steps up Bitcoin mining operations in Kazakhstan
The mining firm’s expansion into Kazakhstan follows plans to introduce new energy fees for crypto miners starting in 2022.
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Iran Raises Alarm Over Potential Influx of Miners From China
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has
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Bitcoin Mining Difficulty Parameter Set to Increase for the First Time in 8 Weeks
Bitcoin’s hashrate has slowly crept back up between 85 exahash per second (EH/s) to 125 EH/s on July 14. The increase in hashpower has made
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