Intel scraps Bitcoin mining chip
Intel has discontinued a chip designed for efficient Bitcoin mining, claiming the company wants to prioritize other investments.
Intel is one of the largest producers of semiconductor chip manufacturers in the world by revenue.
Tax implications of crypto mining in South Africa
The income tax and VAT consequences for crypto asset mining and staking will vary, depending on how participants earn rewards.
Bitcoin miner loans of R63 billion under stress
The prolonged slump in Bitcoin is making it more difficult for some miners to repay the up to $4 billion (R63 billion) in loans they have backed by their equipment, posing a potential risk to major crypto lenders.
A growing number of loans are...