BlackRock owns a good amount of shares in four of the five largest Bitcoin mining companies in the US. They also have shares in MicroStrategy, which is led by Michael Saylor. BlackRock wants to make a Bitcoin ETF, but they’re waiting for the SEC to say yes. Big investment company BlackRock might be more interested…
Texas Legislature Approves Bills Impacting Bitcoin Mining Industry Texas Legislature Makes Progress in Bitcoin Mining Legislation. The 88th session of the legislative body has seen the approval of several bills aimed at enhancing the attractiveness of Texas for local bitcoin miners. These legislative measures are expected to have a positive impact on the state’s crypto-mining…
Volcano Energy, a renewable energy developer, has announced that the funds will be utilized for the establishment of a power generation park with an estimated capacity of 241 MW The public-private partnership in El Salvador, aimed at establishing a Bitcoin mining farm, has received its initial investment of $250 million out of a total $1…
Tether announces sustainable Bitcoin mining operations, called Tether Energy, in Uruguay, aiming to become a leading global technology provider. Tether, the company behind the USDT stablecoin, is making significant strides in the world of Bitcoin. After previously announcing plans to buy Bitcoin using profits. Tether is now venturing into energy production and sustainable Bitcoin mining…
The potential debt ceiling deal prevents the implementation of a 30% tax on cryptocurrency mining, which was proposed by the Biden administration. On Saturday night, President Joe Biden and House Representative Kevin McCarthy reached a preliminary agreement to increase the debt limit of the US government. After several months of negotiations between political parties, the…