CleanSpark is a publicly traded Bitcoin and cryptocurrency mining company based in Nevada. They recently closed a deal with the Texas energy company Lancium in order to devote 500 megawatts (MW) to mining.  Around 50 MW will be used for mining by the end of 2022 and then another 150

A street party in Portland, Oregon celebrating the Bitcoin Lightning Network turned heads, and provided real-world use cases for the technology. The Bitcoin Beach-style street fair featured vendors, artists, and food trucks, all accepting payment via the Lightning Network. Fiat money, naturally, was banned from the event. Clay Graham, founder

Kraken users can now instantly deposit and withdraw up to 0.1 Bitcoin with virtually zero fees using the Lightning Network. According to Pierre Rochard, who is a Bitcoin product manager at Kraken, “Adoption will come from people who have fiat in their bank account, and need to get it

The European Parliament voted in favor of an anti-money laundering legislation which requires every crypto transfer be reported to authorities. The legislation cites the use of “unhosted wallets” as potential avenues for money laundering.  The report states that the EU’s Transfer of Funds Regulation (TFR) is looking to regulate

Core Scientific is the largest publicly-traded bitcoin mining company by hashrate, and just reported financials for 2021 that exceed analysts’ predictions. In the fiscal year ending on December 31st, 2021, Core Scientific’s total revenue increased 803% to $544.5 million. Analyst estimates were at $507.1 million, according to

In March of 2021, Kentucky was able to pass House Bill 230 which incentivizes commercial miners with a number of tax breaks for their operations. Commercial miners are allowed to be tax exempt for the energy and equipment they use. In order to receive these exemptions, Senate Bill 255 requires

Citizens School, an educational institution in the UAE, will accept Bitcoin and Ethereum as a form of payment for tuition starting in September 2022. The school decided to adopt Bitcoin and Ethereum payment rails to aid parents by providing flexible payment options. The payment processor the school will use automatically

On March 23, the Deputy Prime Minister of Vietnam, Le Minh Khai, sent the Ministry of Finance a request asking to create a legal framework for digital assets and to begin to make amendments to current laws, as necessary.   Vietnam Net Global reports the request was made in support of