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ETH Transactions Near Record High as Miners Spam the Network

The number of daily transactions on Ethereum passed one million recently, as mining pools spam the network, the Cointelegraph writes. The number of daily transactions on the Ethereum network is approaching all-time high levels amid the rise of stablecoins and DeFi tokens — and with some miners reportedly spamming the network.  Daily usage on Ethereum […]

Norway Ends Power Tax Subsidy for Bitcoin Miners

The Norwegian government has scrapped a tax subsidy on power currently granted to bitcoin miners, the CoinDesk writes. Some Scandinavian countries charge tax on electricity consumption, including Norway. According to a report from local news outlet Aftenposten, in its state budget, the government said that cryptocurrency miners in the country will have to pay normal electricity tax from […]