Bitfarms increases its Bitcoin holdings by 30% purchasing 1000 additional Bitcoin
Bitfarms, a Canadian crypto mining company, has already purchased 1,000 Bitcoin in 2022. The company’s strategy is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of its shareholders. Bitfarms claimed in a Monday announcement that it bought 1,000 Bitcoin (BTC) for $43.2 million in […]
Only 10% of the BTC supply remains to mine
According to new data, 90 percent of the total BTC supply has been mined, but the remainder will take a little longer to create The total circulating BTC reached a key milestone On Monday morning, one and a half years after the last BTC halving, the total circulating BTC reached a key milestone, with 90 […]
Brazilian Congress proposes tax exemption on green bitcoin mining
In a bid to promote the cryptocurrency status in the country, the Brazilian Congress has proposed a zero tax fee on the importation of crypto mining rigs and also green bitcoin mining (i.e. the use of renewable energy in mining.) According to a report published on Dec. 4 by Brazilian news source Seudinheiro , a […]
Foundry launches FoundryX, an eBay Bitcoin mining rig
FoundryX, Foundry’s new marketplace, aspires to be an eBay for Bitcoin mining machines. Foundry is a Digital Currency Group subsidiary that began in 2020 and has developed quickly Foundry is Establishing a New Marketplace Bitcoin mining has experienced a tremendous transition in the last year, with much of the sector relocating to North America due […]
Crypto users urge Tesla to continue accepting BTC payments
Bitcoin mining is reaching 57% renewable energy , which is why so many crypto users are pushing Tesla to keep paying in BTC Crypto users urge Tesla to continue accepting BTC payments According to recent reports, bitcoin mining is now using 57 percent green energy, which is why so many crypto users are urging Tesla […]