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Tag: Bitcoin Mining

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Bitcoin Mining Gains Key Political Support From Oklahoma and Senator Ted Cruz

In Brief Senator Ted Cruz has entered the Bitcoin mining industry by acquiring and operating three Bitcoin miners in Iraan, Texas. Marathon Digital CEO Fred Thiel praised Cruz for his initiative, highlighting its importance in securing the Bitcoin network. Meanwhile, Oklahoma has passed House Bill 1600 to provide tax credits to digital asset mining operations…
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Marathon Digital Taps Kenya’s Renewable Energy for Bitcoin Mining

In Brief Marathon Digital has signed an $80 million agreement with Kenya’s Ministry of Energy and Petroleum. This initiative supports the firm’s strategy to diversify its operations amidst rising Bitcoin mining difficulty. Crypto stakeholders suggest that the Marathon’s move points to the future of Bitcoin mining activities. Marathon Digital, a Bitcoin mining firm, signed an…
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Could the EU Regulate Bitcoin Mining Out of Existence?

In a nutshell The European Commission is purportedly intending to mark Bitcoin as naturally destructive and a danger to EU energy security. The EC’s proposed measures incorporate carbon charges and the expert for the ECB to make ESG rules around Bitcoin ventures. ESMA has stated that it will advocate for the report to become the…
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