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Colorado Citizens May Be Able to Pay Their Taxes in Bitcoin and Crypto This Summer
Colorado Citizens May Be Able to Pay Their Taxes in Bitcoin and Crypto This Summer
News  •  Bitcoin  •  Feb 16, 2022 by Deniz Saat

Colorado Governor Jared Polis announced on February 15th, 2022 that Colorado residents will soon be able to pay their taxes in Bitcoin and other cryptocurrencies as early as this summer. Polis and other government officials in Colorado have been at the forefront of making their state more Bitcoin and cryptocurrency

Canadian Authorities Sanction Crypto Wallets Associated With the Freedom Convoy
Canadian Authorities Sanction Crypto Wallets Associated With the Freedom Convoy
News  •  Bitcoin  •  Feb 16, 2022 by Daniel Kuhman

Canadian federal law enforcement agencies, along with the Financial Transactions and Reports Analysis Center of Canada (FINTRAC), have begun investigating donations made to Freedom Convoy protestors, including those that were made using bitcoin and other cryptocurrencies. On Wednesday, the Ontario Provincial Police and Royal Canadian Mounted Police ordered all regulated

Portugal Becoming a “Haven” for Bitcoiners
Portugal Becoming a “Haven” for Bitcoiners

In 2016, a law was passed by the Portuguese tax authorities which ruled that cryptocurrencies are not to be considered as currencies as they aren’t legal tender in Portugal. Therefore, the virtual assets cannot be subject to capital gains taxes. Since the law has been ruled, many Bitcoiners have

News  •  Bitcoin  •  Feb 17, 2022
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Portugal Becoming a “Haven” for Bitcoiners
Portugal Becoming a “Haven” for Bitcoiners

In 2016, a law was passed by the Portuguese tax authorities which ruled that cryptocurrencies are not to be considered as currencies as they aren’t legal tender in Portugal. Therefore, the virtual assets cannot be subject to capital gains taxes. Since the law has been ruled, many Bitcoiners have

News  •  Bitcoin  •  Feb 17, 2022
Colorado Citizens May Be Able to Pay Their Taxes in Bitcoin and Crypto This Summer
Colorado Citizens May Be Able to Pay Their Taxes in Bitcoin and Crypto This Summer

Colorado Governor Jared Polis announced on February 15th, 2022 that Colorado residents will soon be able to pay their taxes in Bitcoin and other cryptocurrencies as early as this summer. Polis and other government officials in Colorado have been at the forefront of making their state more Bitcoin and cryptocurrency

News  •  Bitcoin  •  Feb 16, 2022
Canadian Authorities Sanction Crypto Wallets Associated With the Freedom Convoy
Canadian Authorities Sanction Crypto Wallets Associated With the Freedom Convoy

Canadian federal law enforcement agencies, along with the Financial Transactions and Reports Analysis Center of Canada (FINTRAC), have begun investigating donations made to Freedom Convoy protestors, including those that were made using bitcoin and other cryptocurrencies. On Wednesday, the Ontario Provincial Police and Royal Canadian Mounted Police ordered all regulated

News  •  Bitcoin  •  Feb 16, 2022
Riot Blockchain Releases January Bitcoin Mining Results
Riot Blockchain Releases January Bitcoin Mining Results

Riot Blockchain January highlights * 3.4 EH/s with 32,552 active miners * 458 BTC mined * 5,347 total BTC held as of January 31, 2022  A new January report showcases Riot’s latest Bitcoin mining efforts. Compared to statistics released in January of 2021, Riot’s production has increased

News  •  Bitcoin  •  Feb 16, 2022
Ricardo Pliego Wants to Mine Bitcoin at Domo De San Pedro Geothermal Power Plant
Ricardo Pliego Wants to Mine Bitcoin at Domo De San Pedro Geothermal Power Plant

The Domos de San Pedro geothermal power plant is located in the central western region of Mexico. Owned by a private company, Grupo Drago, the power plant is the first to produce geothermal energy in Mexico. Grupo Drago was founded in 2010 and began funding the development of the Domos

News  •  Bitcoin  •  Feb 16, 2022
ConocoPhillips Reducing Flaring by Selling Gas to Bitcoin Miners
ConocoPhillips Reducing Flaring by Selling Gas to Bitcoin Miners

Oil and gas giant ConocoPhillips announced this week that they are partnering with an undisclosed Bitcoin mining company as part of a pilot project to reduce flaring. According to a ConocoPhillips spokesperson, they have “one Bitcoin pilot project currently operating in the Bakken [a region in North Dakota known for

News  •  Bitcoin  •  Feb 16, 2022
Hive Sees 10% Increase in January Bitcoin Production Numbers
Hive Sees 10% Increase in January Bitcoin Production Numbers

Hive Blockchain Technologies LTD * 1.87 EH/s Bitcoin mining capacity * 264 BTC mined * 2,043 total BTC on hand as of 1/31 Hive Blockchain Technologies LTD released their January production numbers showing an increase in Bitcoins mined despite the growing network difficulty. The company mined a total of

News  •  Bitcoin  •  Feb 16, 2022
Bitcoin Hashrate Reaches an All Time High in Q1 of 2022
Bitcoin Hashrate Reaches an All Time High in Q1 of 2022

Prior to the spring of 2021, the majority of the hashrate to secure the Bitcoin network was located in China. Miners were consistently adding more ASIC machines to their mining farms in order to earn rewards for providing energy to the network.  During the spring of that year, the China

News  •  Bitcoin  •  Feb 15, 2022
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