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Bitcoin mining rigs assembled in a US factory, reflecting Washington’s push for domestic hardware to power American hash rate

Washington moves to cut China out of the machines powering US Bitcoin mining

by William Cardus in Latest Bitcoin Mining News and Industry Insights

America holds roughly 38% of global Bitcoin mining capacity, and the specialized hardware powering that position comes overwhelmingly from Chinese manufacturers. Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act on Mar. [...]

UK confirms crypto tax data rules under CARF; first deadline set for May 2027

May 18, 2025

CASPs must collect all user data but report only on UK and CARF tax residents. Service providers will incur up to £300 penalty per user for non-compliance. UK aligns with over 40 jurisdictions pushing for [...]
Bitcoin miners Marathon and Riot achieve record post-halving production

November 5, 2024

Two of the largest public Bitcoin miners — Marathon Digital and Riot Platforms — recorded their highest monthly Bitcoin production since the April halving event, despite the industry’s ongoing challenges with rising mining difficulty. On Nov. [...]

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