Grayscale Investments parent company, venture capital firm Digital Currency Group (DCG) has announced its entry into cryptocurrency mining space. DCG group formed a subsidiary called Foundry in 2019 to help institutional investors better access the crypto staking and mining industry, which has been mainly dominated by private companies such as... The new U.S. tax form is out and the cryptocurrency question is the first one on the main 1040 tax form used by about 150 million people to file their taxes. The Internal Revenue Service (IRS) requires all tax filers … read more. Stock Trader Dave Portnoy Dives Into Bitcoin, Only to Panic-Sell After Chainlink Plunges. High profile stock trader Dave Portnoy has panic sold his bitcoin one week ... Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether’s TUSD. Also known as BUSD, the token is traded almost exclusively on the Binance exchange and its market cap – which roughly corresponds to the total value of dollars deposited with its issuer,... December 2019 - Updated 1040 Schedule 1 is Released. One of the most significant actions taken by the IRS this past year to increase crypto tax enforcement was the question that the agency added to 1040 Schedule 1, which is a form that every American taxpayer has to fill out as a part of their overall tax return. 4. Is HashFlare Profitable? The most efficient miner today for mining Bitcoin is the Antminer S9 (true for mid 2018, today there’s the Antminer S17).It produces ~13 Th/s of mining power. Buying the equivalent of this on HashFlare would cost you $1,040 per year. Ethereum mining is pretty similar to Bitcoin. Using your system you guess the answer of a puzzle quickly for every transaction blocked until the correct answer is found. This means that a pool helps you to get more frequent periods rather than only getting paid when you solve an Ether block. The miners who find hashes matching the target receive Ether. Then this is broadcasted across the block ...
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