
THE AMERICA ONE NEWS

May 30, 2025 |
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America First News
27 Aug 2023
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#economy
Flag And Cross: Bitcoin Miners Celebrate US Treasury's New Tax Clarity
The U.S. Treasury Department has proposed tax reporting and data collection obligations for Bitcoin miners, providing them with their own tax form to clarify requirements. However, miners must also focus on energy consumption and collaborate with regulators to future-proof their operations. Mark Zalan, CEO of mining company GoMining, emphasizes the importance of regulatory structure and compliance in both the U.S. and European Union. He also highlights the minimal impact of bear markets on mining operations and the significance of decentralization and transparency in building trust. This decision brings some relief to the mining industry, but there are still challenges ahead for crypto-related businesses.
#history
Forbes: Today’s Wordle #799 Hints, Clues And Answer For Sunday, August 27th
On August 27th, significant historical events occurred, including the drilling of the first successful US oil well in 1859, the eruption of Krakatoa in 1883, the signing of the Kellogg-Briand Pact in 1928, and the successful flyby of Venus by the Mariner 2 spacecraft in 1962. Other notable events include the death of the Beatles' manager Brian Epstein in 1967, the Mars Opposition in 2003, the start of the Cedar Fire wildfire in California in 2003, the launch of the spacecraft "Phoenix" to Mars in 2007, the rise of Apple Inc. as the most valuable publicly traded company in history in 2012, and the death of former president of Zimbabwe, Robert Mugabe, in 2018.