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El Salvador's Bold Move: Creating the Biggest Bitcoin Mining Farm
El Salvador is seizing the opportunity presented by its abundant natural resources and introducing “Volcano Energy,” positioning itself as a major contender in the global Bitcoin mining industry. The country’s ambitious plan involves the construction of a 241 MW renewable power generation park in the Metapán region, integrating solar and wind projects. Crypto Mining Dodges 30% Tax in US Debt Ceiling Deal
As President Joe Biden and House Speaker Kevin McCarthy's negotiated agreement on the US debt ceiling becomes public, one intriguing aspect of the deal seems to have effectively stifled certain tax proposals from the Biden administration, particularly the Digital Asset Mining Energy (DAME) excise tax. 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. The Best OS for Cryptocurrency Mining: A Comprehensive Review
When it comes to crypto mining, selecting the right hardware is just as important as choosing the appropriate operating system. Maximizing the compatibility between these two components and optimizing their performance will ultimately determine your hash rate and overall mining efficiency.
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! How to reduce Bitcoin mining risks: business case
Mining profitability has been declining since the end of 2021 as a result of the bear market. Increased mining difficulty and skyrocketing electricity prices twisted the knife in 2022. The miners had no choice but to change their business strategy. Their task was to level out negative market factors while maintaining profits. The First Miner and BTC Whale: Why Did Patoshi Hoard Billions?
The research carried out by Sergio Demian Lerner on the early mining of Bitcoin blocks has generated considerable buzz in the cryptocurrency community. For a decade now, crypto enthusiasts have been engaged in a quest to uncover the identity of the miner behind the first million BTC. Passive Earnings from DeFi Liquidity Mining
If you've invested your money in digital assets and don't want to just leave them sitting in a wallet, you're in luck! The CeFi and DeFi markets have plenty of tools available to help you earn passive income, including staking and yield farming. Another option to consider is liquidity mining. NVIDIA Finds a New Gold Mine in AI
In a recent interview with The Guardian, Michael Kagan, the CTO of well-known GPU manufacturer NVIDIA, made a bold statement about cryptocurrencies. According to him, despite the fact that the industry has brought the company huge profits in 2021, cryptocurrencies do not provide any value to society. RIP mining: What are the alternatives in 2023?
Last year, when Ethereum transitioned to a Proof-of-Stake (PoS) consensus algorithm, many mainstream media outlets published articles proclaiming the death of mining. However, the question remains: has mining truly ceased to be profitable, and if so, what alternatives are available? US school official caught stealing electricity for Bitcoin mining
The Massachusetts prosecutor's office reported about the bust of a secret group of illegal miners, led by a former employee of a local school, Nadeam Nahas. He is accused of running an illegal BTC mining operation at the school's crawlspace.
Hivemapper has finished beta testing a recorder that can be used to earn Honey tokens for contributing to the development of a decentralized global mapping.
The technology is simple:
? You get paid for videos of routes you plot on maps.
?Others buy these videos if they suffer from complete lack of sense of direction.
?Founders of the project make money by selling its car recorders at the cost of an airplane wing.
We once joked that people would soon start mining with kettles. And we were right, though wrong about the device.
- Patrick, Move-to-Earn is off the table!
- If not M2E, then what?
- Drive-to-Earn. 






