Bitcoin mining could be good for US energy independence: Research

Republican Congressman Pete Sessions from Texas has come out with a bold statement about the impact Bitcoin mining will have not just on his state but on the United States as a whole. The Texan representative, a proponent of Bitcoin (BTC) mining, tweeted on March 22 that “Bitcoin Mining will play a critical role in rebuilding energy independence in the […]

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The wizard of blockchain

This article was first published on Dr. Craig Wright’s blog, and we republished with permission from the author. There are always arguments over scaling blockchain networks. Most of them end in ad hominem attacks, and very few address the prime issues that need to be discussed and understood. None of it is new, either. In 2008, during a rather infuriating argument with […]

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Heightened Fears in Ukraine Leads to Risk-Off Sentiment

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Last week there was a risk-on sentiment after the FOMC meeting where the Federal Reserve raised rates by 0.25% as expected. Bitcoin reached a high of $42,400. However, yesterday and today we saw a fall to the mid $40,000 region, as there are heightened fears surrounding the Russa/Ukraine war. Firstly, Russia […]

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The economics of Bitcoin mining – distilled

Recently there was an article by ZeMing Gao, a respected expert on Bitcoin mining models that talked about the dynamics BTC vs BSV in the economic regime after all block subsidies disappear, and all 21 million bitcoins have been distributed.  I thought that the article had some very good and very commonly misunderstood points, though was a bit wordy, so […]

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Indian Government Could Be Taxing Crypto As Much as 60%

The Indian government is considering classifying crypto under its Goods and Services Tax (GST). If it does, crypto could experience a 28% tax rate similar to casinos, betting, and gambling, on top of its GST and TDS taxes Meanwhile, crypto companies are considering leaving the country because of the tax rate. Reports from local media outlets indicate that the Indian […]

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