Anonymous Accuses Musk of Ditching Bitcoin For Government Subsidies

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Report: Amid pullback, Argentine Bitcoin miners thriving

Institutional miners and hobbyists alike are taking advantage of energy subsidies to cash in.

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Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In

Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.

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Next Bitcoin Surge Could Come in Response to Iranian Protests and Internet Shutdown

The government in Iran recently decided to raise the price of gas by 50% as they ration gas, and it hasn’t sat well with the locals. The changes seem to be connected to the limitations by US sanctions on Petro Dollars, which meant that the country had to reduce their subsidies. The new was given […]

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Sweden Expects to Attract Norwegian Bitcoin Miners After Brutal Tax Hike

With Norway set to revoke electricity subsidies for cryptocurrency miners from January 2019 onward, Swedish data centers are anticipating a wave of inquiries from mining companies seeking to domicile in Sweden.

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Sweden Braces For Migrant Caravan Of Norwegian Bitcoin Miners

Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt.

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Norway Ends Power Subsidies for Cryptocurrency Miners

Norwegian news outlet Aftenposten reported recently that the government wants cryptocurrency miners to have standard power tariffs instead of their previously subsidized rates. The revised power rates will be effective from the New Year, raising the power liability of the miners significantly and affecting their profitability.

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Bitcoin Mining News: Norway Revokes Subsidies, Bitmain Opens Washington Facility

In mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data center in East Wenatchee, Washington, and Bitfury has announced new additions to its advisory board and board of directors.

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Norway Revokes Mining Subsidies, Bitmain Opens Washington Facility

In mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data center in East Wenatchee, Washington, and Bitfury has announced new additions to its advisory board and board of directors.

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