Tag crypto mining

Crypto Miner Hive Digital Technologies acquires Swedish Data Center

Key Takeaways Cryptocurrency mining company Hive Digital Technologies is expanding its global presence with the acquisition of a property and data center in Boden, Sweden. The company recently entered a property transfer agreement with Turis AB to take over the…

Saniya Raahath
November 27, 2023
News

BTC Miner Marathon Digital’s Q3 Earnings Break Estimates

Key Takeaways Marathon Digital Holdings, a prominent Bitcoin mining company in North America, has witnessed substantial growth in its Q3 2023 revenue. The company reported a remarkable 670% year-on-year increase, driven by a nearly five-fold surge in Bitcoin production. Marathon…

Saniya Raahath
November 9, 2023
News, Crypto

SEC Freezes DEBT Box Assets Amid Allegations of $50M Fraud

Digital Licensing Inc. has had its assets temporarily frozen by the US SEC after it was charged with running a $50 million fraudulent crypto scheme.

Deep
August 4, 2023
News

Helium Miner: How to Earn Crypto by Building a Wireless Network for IoT

Are you seeking a new way to earn crypto without technical skills or maintenance? Consider having a helium miner at your home or office. A helium miner is a wireless device that uses radio technologies to create a decentralized network…

Evertas Expands Crypto Insurance: Mining Coverage Added and Limits Raised

Evertas will add more mining insurance and raise coverage limits to $420 million per policy.

Deep
June 3, 2023
News

Montana Senate’s pro-crypto mining bill passes third reading

The bill notes that Montana wants to “protect the right to mine” crypto and “create legal certainty” for miners.

Saniya Raahath
April 13, 2023
News

Crypto mining firm Bitmain faces $3.7 Mln in fines for alleged tax violations in China

Reportedly, the tax authority had fined Bitmain about 25 million Chinese yuan ($3.7 million). As per local media reports, a notice regarding the tax violation was sent to Bitmain in August 2022

Saniya Raahath
April 11, 2023
News

US budget proposes 30% excise tax on crypto miners’ electricity usage

Under the proposal, crypto miners will be mandated to estimate the electricity costs generated by any “electricity generating plant.”

Saniya Raahath
March 10, 2023
News

Riot’s Annual Report Displays a $500 Million Net Loss; Delayed 10-K Financial Report Filing

Riot Platform inc., one of North America's largest bitcoin (BTC) mining companies, released its 2022 annual financial report indicating a net loss of $509.6 million.