Author: dfmines

The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review. Lawmakers Urge Greater Crypto Appeal Despite Purported Costs Motivated by the explosive […]

What are the downsides of Proof of stake vs proof of work? I'd like to ask in r/Bitcoin but it seems blasphemy to even ask that question in that echo chamber, so I ask it here because Ethereum has both and is migrating towards PoS. As we all know Proof of Work is not environmentally…
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Seeing the post about Iran officially considering farming Bitcoin, I felt motivated to make this post as an Iranian. Cryptocurrency has changed the dynamics in Iran. The Iranian government's view on it has been quite lax compared to neighboring countries or other Muslim countries. There was either support for it or it was simply ignored…
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Huge corporations are buying massive amounts of Bitcoin to secure their elite positions. Governments are strictly regulating crypto and requiring full disclosure of your crypto activities from exchanges. The price of Bitcoin and other tokens is so extremely volatile that it discourages businesses from using them as actual currencies. And then there’s Dogecoin, a fork…
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U.S. crypto tax compliance startup Taxbit has raised $100 million in a Series A funding round led by investment firms Paradigm and Tiger Global. Paypal Ventures, Coinbase Ventures, and others including Bill Ackman, Ryan Smith, and Anthony Pompliano also joined the round. Taxbit chief executive officer Austin Woodward said the funds will be invested in […]

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The crypto advocacy group is going on a charm offensive and meeting with top representatives of the Biden administration.

Vincent Lau, formerly of Bitfinex and OKEx, has joined Huobi Global as its new managing director.