Okay, let’s be real. A $200 tax break? At first blush, that doesn’t sound like a revolution. You might be thinking, "Big deal, I spend more than that on coffee in a month." Before you dismiss Ohio's "Blockchain Basics Act" (HB 116) as just another piece of legislation lost in...
The Ohio House of Representatives just passed the Ohio Blockchain Basics Act (HB 116). This is a big move in the direction of providing a regulatory framework for digital assets with more clarity in the state. The bill, sponsored by Representative Steve Demetriou, seeks to protect industry participants, prevent restrictions...
Will Ohio really become the Silicon Valley of the Midwest? Or it is just throwing spaghetti at the wall with no rhyme or reason and hoping something sticks. The Ohio House just voted in favor of the “Ohio Blockchain Basics Act” (HB 116). This legislation would provide a $200 capital...
Whether this isn’t the type of regulatory experimentation Ohio wants to engage in remains to be seen. Most recently, it adopted a “de minimis” tax exemption for small crypto transactions below $200. Land use This move raises a question of whether it’s effective. Crypto adoption gimmick, or missed opportunity to...
Bit Digital, Inc. just made a surprising and positive turn from Bitcoin mining. The company has since shifted its attention to Ethereum staking, pulling the industry’s eyes along with it. This development is part of a widening strategy of moves by the company to pivot its focus. It deepens and...
Bit Digital is betting the farm. They’re promoting the sale of these shovels in order to purchase the lottery tickets. They're ditching Bitcoin mining, the digital equivalent of the California gold rush, for Ethereum staking, which, let's be honest, sounds a lot less rugged and a lot more…regulated. Whether this...
Alright, let’s be real. When I first learned that Bit Digital was abandoning Bitcoin mining in favor of Ethereum staking, I have to admit my first response was dubious. A company that’s been foundational to the build out… suddenly bailing? It sounded crazy. The further I dug, the more apparent...
Bitcoin mining is the integral process that serves as the backbone of the Bitcoin network. It’s how new bitcoins are generated, and it’s how transactions are confirmed and added to the public blockchain. To those unfamiliar with the crypto space, the word “mining” may seem a bit scary. Learning the...
The buzz is building. Look out BTC, altcoin ETFs are on their way! The SEC seems to be getting a little more friendly towards it, especially with regards to Solana. We're seeing applications amended, deadlines looming, and even whispers of BlackRock jumping into the XRP game after the Ripple case...
Let's be blunt. The Bitcoin gold rush? It’s increasingly shaping up to be a fool’s errand come 2025. This really is more than a small blip in profitability. That is a dramatic and potentially catastrophic turn in the risk-reward equation. The shiny allure of digital gold is masking a growing...
Tired of the 9-to-5 grind? Tired of the idea that your wealth is in the hands of people you can’t even influence? Let me tell you a secret: Bitcoin mining might just be your escape hatch. I know, I know, this sounds like something only tech sorcerers can comprehend, but...
The air is just crackling with excitement, right? Or maybe that’s just the Crypto Summer 2.0 that you can almost taste on the horizon. Forget the lukewarm spring we just had. This is about to be a full-blown heatwave, fueled by something even more potent than Bitcoin: Altcoins. And what's...