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White House Proposes Tax on Crypto Mining
The US budget for fiscal year 2024 is poised to foster economic development, trim household expenses, and improve healthcare and social security. Among the novel provisions in the proposal is the DAME, an excise tax on energy consumption related to digital assets mining.
A bitcoin miner with only 10 terahashes hardware capacity was able to get a new block by himself. The probability of such a jackpot with a similar hash rate is less than 0.00001%!
The miner's reward is 6.25 bitcoins per block, which is about $131,000 and many times than the old Asic costs.
However, if you feel an uncontrollable urge to run to AliExpress for energy-consuming equipment, remember that this example is a real miracle.
The new eKinekt Bike Desk turns kinetic energy from cycling into an electrical charge. This technological wonder has two USB Type-A ports and one USB Type-C port for charging laptops or phones.
In addition, the mobile app keeps track of energy generated and calories burned.
Acer's training machine is meant to empower a healthy lifestyle. We guess in Ukraine, many people would prefer cycling rather than jogging to the nearest Point of Invincibility to charge their devices.
The retail price is $1,000.
Unfortunately, for now, it is available in the U.S., Canada, and Taiwan only. INX Launches Public Company Security Token
INX, a renowned digital assets trading platform, has made a significant move in the crypto industry by launching its first-ever public securities token. This new token represents shares of Greenbriar Capital, a company known for developing entry-level housing and green energy products.
A bitcoin mining operation powered entirely by "green" nuclear energy has just launched in Pennsylvania. TeraWulf has announced that it will be using the Susquehanna nuclear power station to mine BTC.
The key details about the project:
Nuclear power station capacity – 2.5 GW.
Fixed cost of electricity – $0.02 per kWh for five years.
Planned load – 50,000 mining rigs, 160 MW.
Actual load at present – 8,000 mining rigs.
Computing power – 5.5 EH/s.
With such a low electricity rate, this project promises to be highly profitable even in a bear market. Indeed, it's a far cry from mining BTC in a school's crawlspace! 2022 results. Record inflation and energy crisis
The year 2022 was marked by a string of negative political and economic events. Even countries with strong economies have had to resort to extreme measures to deal with record inflation. The main economic outcomes of 2022 are summarized in this article. 












