Bitcoin Core 25.0 Update Enhances Performance and Security
The Bitcoin Core team announced the release of update 25.0, which is designed to improve performance and security. The Bitcoin Core 25.0 release notice posted on the project's website states that the update includes new features as well as bug fixes for network systems an ...
Senator Cynthia Lummis Doubts Proposed 30% Tax on Miners’ Income Will Pass
American Senator Cynthia Lummis, known for her cryptocurrency-friendly attitude, believes that the Biden administration's proposed 30% tax on miners' income is unlikely to pass. During the Bitcoin Miami 2023 conference, Cinthia Lummis emphasized her support for miners and c ...
Marathon Digital Partners with Brink to Support Bitcoin Core Developers
Bitcoin mining company Marathon Digital and Brink announced the start of a donation drive to support Bitcoin Core developers. Marathon will double the donations made by Brink on a two-to-one basis throughout the Bitcoin 2023 conference, which ends May 20. The company w ...
Tax Proposal Threatens US Bitcoin Miners as CEO Warns of Negative Consequences
Earlier this month, the administration of U.S. President Joe Biden proposed a 30% tax on miners' income. But according to Marathon Digital CEO Fred Thiel, such a tax would not work. According to Fred Thiel, introducing such draconian measures would simply force mining com ...
Marathon Digital Receives Another Lawsuit from SEC over Operations in Montana
American mining company Marathon Digital reported receiving another lawsuit from the U.S. Securities and Exchange Commission (SEC) as part of an investigation into the firm's operations in Montana. Marathon Digital received its first lawsuit back in November 2021, and since ...
Marathon and Zero Two Plan 250 MW Mining Complex in Abu Dhabi
The "farm" will reach capacity of 7 EH/s by the end of the year The complex consists of two facilities in Mina Zayed and Masdar City With Zero Two owning 80% of the facility Marathon and Zero Two announced a new project targeting the Middle East yeste ...
Marathon Digital and Zero Two to establish bitcoin mining farms in Abu Dhabi
Mining company Marathon Digital Holdings has partnered with digital asset infrastructure firm Zero Two to set up two mining farms in Abu Dhabi. According to a statement from Marathon Digital, there will initially be two bitcoin mining facilities, with a total capacity of ...
Marathon Digital Sets Record for Bitcoin Production in Q1 2023
Marathon Digital, the second-largest Bitcoin storage company globally, has set a new record for cryptocurrency production. According to Marathon CEO Fred Thiel, the company increased its Bitcoin production by 41% quarter-on-quarter to a remarkable 2,195 BTC. The month of March was especially f ...