Tuesday, March 22, 2022

Crypto mining infrastructure cost not treated as cost of acquisition

The cryptocurrency industry said the decision to disallow offset between different cryptos and mining expenses is regressive and will discourage investor participation.

from Tech-Economic Times https://ift.tt/yK42ZTO

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Chevron signs pact with Microsoft for powering its Texas data centre

Chevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using GE...