Missouri Approves Bill To Safeguard Cryptocurrency Mining
The U.S. state of Missouri passed the “Digital Asset Mining Protection Act” on March 7 to protect the rights of crypto miners. The measure prohibits local units and states from stopping crypto mining nodes from working. According to the bill’s summary: “The Digital Asset Mining Protection Act precludes the state and political subdivisions from prohibiting […]
Argo BTC production surges despite BTC difficulty
Bitcoin mining company Argo Blockchain has boosted its daily production of BTC even though network difficulty for mining Bitcoin has grown significantly, the production rate in February surged about 7%. Argo mined a total of 162 Bitcoin or BTC equivalents in February , which equates to 5.7 BTC per day, the company reported in an […]
Russia unveils mutual Fund for financing Crypto mining operations
A Russian business has revealed a new fund that will be used to subsidize cryptocurrency mining operations in the country. Finam management, a Russian investment management company, has introduced a new fund designed to finance cryptocurrency mining operations in the nation, according to Kommersant. Only approved investors with a minimum investment of 300,00 rubles (about […]
Montana’s crypto mining bill getting closer to becoming law
After clearing the Montana Senate, a crypto mining rights bill containing legislation prohibiting discrimination against crypto miners is one step closer to becoming a reality. The proposed legislation would entrench a “right to mine digital assets,” prevent “discriminatory” electricity rates for crypto miners, safeguard “at home” mining, and deprive municipal governments of the authority to […]
Man risks arrest for allegedly hiding crypto mine beneath school
A former facilities worker in the United States state of Massachusetts is accused of stealing about $18,000 in electricity to power 11 crypto miners in a school’s crawl area. A former facilities worker who reportedly set up a hidden crypto mining business inside a Massachusetts school’s crawl space is poised to be arrested after failing […]