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Crypto-Mining
China’s NDRC to Consider Punitive Electricity Prices for Crypto Mines
The central government called on provinces to “take responsibility” of their jurisdictions.

Bitcoin Mining Profits Remain at ‘Near Highs’ as Crypto Miners Rally
Crypto mining stocks are surging as bitcoin mining hashrate falls, helping to keep profit margins elevated.

Kazakhstan to Limit Power for Crypto Mining to 100 MW Nationwide
New mines will have to consume less than 1 MW over two years in what has become the world’s second-largest bitcoin mining country.

Bitcoin Miner Greenidge Generation to Sell $50M in Bonds
The company expects to raise about $48 million from the offering.

Leading Crypto Mining Machine Maker Bitmain Said to Halt Sales in China
Beijing-based Bitmain will also move most of its production out of southern China and into other countries in response to the latest government crackdown, sources said.

Chinese Ethereum Mining Pool BeePool to Shut Down Following Crackdown
The firm’s move came just after SparkPool, another top Chinese Ethereum mining pool, announced it was suspending operations.

Blockstream CEO on Mining in North America, Plans for the $210M Raise
Adam Back, CEO of Blockstream, the latest crypto company to become a unicorn, shares the Bitcoin infrastructure firm’s plans for spending its new $210 million raise and thoughts on possible changes in crypto mining.

IRS Will Reportedly Ignore How Infrastructure Bill Defines ‘Broker’
The U.S. Treasury Department is reportedly preparing to offer an olive branch to crypto developers, miners, and hardware firms spooked by the $1 trillion bipartisan infrastructure bill’s tax reporting requirements. “The Hash” hosts discuss whether the Treasury Department could combat the concerns of the bill that no other government agency has been able to achieve.

Marathon Digital CEO: $1T Infrastructure Bill Impact on Miners ‘Really Isn’t That Severe’
Fred Thiel, CEO of North American mining giant Marathon Digital Holdings, discusses why he believes the impact of the U.S. Senate’s $1 trillion bipartisan infrastructure bill on crypto miners “really isn’t that severe.”

Where Does Biden’s Infrastructure Bill Stand?
The U.S. Senate passed the $1 trillion bipartisan infrastructure bill without a crypto amendment to the House, which could face further skepticism from lawmakers. Aaron Tilton, SmartFi CEO and former Utah State Representative, discusses his take on where the bill stands, sharing insights into the U.S. political landscape.
