The Wyden-Lummis-Toomey amendment is simple. It clarifies in law what most of us already believe—that validators of distributed ledger data like miners & stakers, hardware wallet providers & software developers should NOT be required to report transaction data to the IRS.
The Paducah, Kentucky-based bitcoin mining operation, @BlockwareTeam, is running at 0.3 exahashes per second (EH/s). They’re shooting for 1+ EH/s by this time next year https://t.co/khUNXG8CV2
When difficulty drops, it becomes more profitable to mine and more miners will come on-line.
The economic incentives are working exactly as intended. #Bitcoin is beautiful in that way.
North American bitcoin mining company @BlockwareMining has raised more than $25 million and plans to triple its hash rate, reaching more than 1 EH/s, by mid-2022.
More details from @namcios:
https://t.co/Qa8LByyKR0
Bitcoin mining firm @BlockwareMining has raised $25 million to purchase 14,000 rigs and expand operations in @PaducahCity, Kentucky.
@cheyenneligon reports
https://t.co/eyMHHQ2hSR
We're excited to begin sharing news of what we've been working on @BlockwareMining in recent months. Today's announcement is only the start. Thank you to our earliest supporters for helping make this come to fruition. #bitcoin
https://t.co/CBq190bI54