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Analysis Since the exuberant crypto bull run of 2017, regulators have increased their activity in the industry. United States governing bodies such as the Securities and Exchange Commission, the Department of Justice and the Commodity Futures Trading Commission have all pursued various types of legal enforcement.  From December 2020, there has been an even further regulatory push, including a proposal from the Financial Crimes Enforcement Network aimed at heightened crypto wallet overwatch. What do crypto industry players think of regulation at present? Dean Steinbeck, co-founder of Horiz...

Inside the dirty world of Bitcoin mining The energy requirements of Bitcoin are expected to double this year, but some miners are turning to renewables to clean up their act 28 January 2021 • 12:00pm Today in Norilsk, the world’s largest northerly city, the weather is minus 32  degrees celsius, about average for the region where conditions can reach 50 below. The Russian city within the Arctic circle is known for its heavily polluting nickel mines, and acid rain and smog are common.  But now, a new kind of mining is in town. Bitcluster, a Russian cryptocurrency start-up, has erected a g...

Standard Hashrate Group ("SHG") is an open platform where prominent miners standardize and tokenize their BTC hashrate. Today, SHG is pleased to announce Atlas Mining, BTC.TOP, Easy2Mine, Genesis Mining and Hengjia as tokenization miners. SHG welcomes these industry-leading companies to tokenize a total of 25 PH/s of Bitcoin hashrate into Bitcoin Standard Hashrate Tokens ("BTCSTs").

BTCST Welcomes Top Bitcoin Mining Partners including BTC.TOP and Genesis Mining HONG KONG, Jan 25, 2021 - (ACN Newswire) - Standard Hashrate Group (SHG), the project team behind the Bitcoin Standard Hashrate Token (BTCST), today welcomed several world-class mining institutions as partners. Joining the SHG project as tokenization miners are Atlas Mining, BTC.TOP, Easy2Mine, Genesis Mining and Hengjia Group, each major stakeholders in the current mining industry. Alex Zhao, CEO of SHG, said that the partners "share SHG's vision of bringing exchange-level liquidity to mining power and bridging ...

Reading Time: 2 minutes by Evan Ezquer on January 13, 2021 Regulation On Jan 8, two legislators in Kentucky have recently submitted a bill that aims to make the US state a very attractive option for cryptocurrency miners in the form of tax breaks. Kentucky Crypto Mining Bill The proposal was submitted to the General Assembly, which would see Bitcoin and other cryptocurrency miners enjoy some tax exemptions. The legislators of the bill are Republican lawmakers, Steven Rudy and Chris Freeland, who referred to the bill as: “AN Act relating to the taxation of the commercial mining of crypt...