Hodl news weekly recap — 06.02.2022
Microstrategy buys additional 660 Bitcoin for 25 millon USD
MicroStrategy, the software intelligence company that since 2020 has been accumulating bitcoin nonstop after its CEO Michael Saylor realized the digital currency’s long term store of value proposition, has made another millionaire purchase as the bitcoin price went down under 40K USD.
Biggest Texas Bitcoin Miner shuts down ahead of cold blast
Riot Blockchain Inc. shut down most of its huge Bitcoin-mining operation in Texas to conserve electricity as a wave of cold and ice deliver the biggest test of the state’s power grid since last year’s deadly blackouts.
Another SOLO Bitcoin miner just won a FULL block reward
After only a few weeks from the last case registered on January, yet another SOLO Bitcoin miner with only 13TH just won a FULL block reward worth 6.25 BTC (over $230,000). It is supposed to be someone only equipped with an S9 type miner and an unbelievable dose of luck!
Russian Chamber of Commerce urges government to acknowledge Bitcoin mining as business
The head of the Russian Chamber of Commerce and Industry, Sergey Katyrin, proposed that Bitcoin mining should be moved out of the ‘gray zone.’ In a letter sent to the Minister of Finance, Katyrin asked that mining be equivalent to business. According to Katyrin, there is a need for a review of current legislations.
Recently, Russia’s president, Vladimir Putin, had backed a proposal from Russia’s government to tax and control the mining of cryptocurrencies and rejected the central bank’s plan to ban it.
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