Stay updated with breaking news from Satoshi Action. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
FRANKFORT — Legislation affecting power plant retirements helped drive spending to lobby the Kentucky legislature to a new high of $12.4 million during the 2024 session.
“Bitcoin might be outside politics, Bitcoin might be outside government, but you are not…and so they can still enact laws that go after us as individuals.”—…
Scores of the operations have popped up in recent years across the United States. When a mining computer lands on numbers that bitcoin's algorithm accepts, the payout is currently worth about $250,000. The more computers an operation has, the better chance of earning the payout. The industry is often criticized for its vast energy use -- often a boon for the fossil-fuel industry -- and noise is a common complaint.
Virginia State Senator has proposed legislation to establish a robust regulatory framework governing digital assets mining and transactions.
The Blockchain Basics Act, a bill that seeks to protect several blockchain-based activities from being outlawed by the U.S. government, has been introduced in…