Argo Blockchain’s Quarterly Revenue Rises to $11.4M
In Q1, Argo Blockchain recorded $11.4 million in revenue – a 15% increase from the last period – and a net loss of $8.7 million.
Marathon: There Will Be an Outflow of Miners Due to Tax Increases in US
Fred Thiel, CEO of Marathon Digital, has stated that the proposed tax on crypto-currency mining will push the industry towards offshore jurisdictions.
Riot Platforms Files Lawsuit Against Crypto Miner Rhodium Enterprises
Riot Platforms has taken legal action against Texas-based Bitcoin miner Rhodium Enterprises.
The White House Proposes Introducing a 30% Tax on Crypto Mining
The White House has proposed introducing a 30% tax on crypto mining, with the funds to be used to combat climate change.
Block Develops Prototype Chip for Crypto Mining
Jack Dorsey’s Block has announced the completion of a prototype open source Bitcoin mining ASIC chip.
Miners Greenidge Generation and Core Scientific Enter Into a Partnership
Greenidge Generation has formed a partnership with competitor Core Scientific to host 6,914 Bitcoin mining devices at Core Scientific’s sites for one year.
