bitcoin news

Police in Chinese city seize 600 computers used to mine bitcoin

Police in Chinese city seize 600 computers used to mine bitcoin BEIJING (Reuters) – Police in the north China city of Tianjin confiscated 600 computers used to mine bitcoin cryptocurrency after the local power grid operator reported abnormal electricity usage, Xinhua reported Wednesday. Representation of the Bitcoin virtual currency standing on the PC motherboard is […]

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Bitcoin Exchanges seeking clarity over levy of GST

Bitcoin Exchanges seeking clarity over levy of GST MUMBAI: Are Bitcoin exchanges required to pay goods and services tax? If they are, what would the rate be? And, will GST be levied on the revenues or operating margins of these exchanges? India's top seven Bitcoin exchanges, which include Zebpay, Unocoin, CoinSecure and BtcxIndia, plan to […]

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Bitcoin cracks $9,600 just hours after breaking $9,000 level

Bitcoin cracks $9,600 just hours after breaking $9,000 level Bitcoin surged to yet another new record high on Monday The cryptocurrency jumped to an all-time high of $9,671.84 hours after cracking the $9,400 level on Sunday The digital currency has risen some 869 percent year-to-date Bitcoin surged to yet another new record high on Monday, […]

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