Crypto Killed the Tax Man: Bitcoin Cash Escapes Hash War Over Mining Tax Grenade

2020-1-29 14:30

Bitcoin Cash just dodged a hash war after a major mining pool supporting the BCH mining tax reversed its stance on the issue. The post Crypto Killed the Tax Man: Bitcoin Cash Escapes Hash War Over Mining Tax Grenade appeared first on CCN.com

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Источник: ccn.com

tax mining → Результатов: 39

Is the US 30% Bitcoin mining tax dead?

In a significant turn of events, the controversial Digital Asset Mining Energy (DAME) excise tax was not included in the latest Fiscal Responsibility bill aimed at tackling the Debt Ceiling crisis.

2023-5-30 20:12	Regulation
tax mining fiscal responsibility latest included bill

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Is It Feasible for Biden’s Proposed 30% Tax on Crypto Mining?

President Joe Biden has proposed a tax on cryptocurrency mining to address economic and environmental concerns, but experts are skeptical about its implementation. The proposal, named Digital Asset Mining Energy (DAME) excise tax, would impose a tax of up to 30% on the electricity costs of crypto miners, with increments of 10% over three years […] Сообщение Is It Feasible for Biden’s Proposed 30% Tax on Crypto Mining? появились сначала на Coinstelegram.

2023-5-4 12:54	HOT
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Biden Proposes 30% Crypto Mining Electricity Tax to Offset Environmental Impact

The Council of Economic Advisers announced that it would push for a 30% DAME tax on crypto mining to combat its effect on the environment. The post Biden Proposes 30% Crypto Mining Electricity Tax to Offset Environmental Impact appeared first on BeInCrypto.

2023-5-3 09:04
tax mining crypto biden environmental impact proposes

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Germany Publishes First Nationwide Tax Guide for Crypto

The finance ministry letter deals with the income tax treatment of mining, staking, lending, hard forks and airdrops.

2022-5-11 16:00	policy
tax mining income treatment staking lending airdrops

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Large Bitcoin Cash (BCH) Mining Group Opposes Dev Fund Proposal

The implementation of the 12.5 percent tax proposal could ultimately destroy Bitcoin Cash (BCH), according to an anonymous group of miners

2020-1-27 19:55
group proposal bch bitcoin cash according ultimately

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Bitcoin Cash developer tax could impact Bitcoin and Bitcoin SV mining ecosystem

Bitcoin Cash, the famous fork of Bitcoin, has been the center of crypto-controversy for the past few days, and the reason behind it - one of the proposals presented for the upcoming network upgrade, sThe post Bitcoin Cash developer tax could impact Bitcoin and Bitcoin SV mining ecosystem appeared first on AMBCrypto.

2020-1-27 17:30	Bitcoin Cash
bitcoin cash ecosystem mining developer could impact

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Major Bitcoin Cash Pools Force 12.5% Mining Tax on Community

Four Bitcoin Cash pool operators are forcing through a developer tax proposal on mining rewards

2020-1-26 22:18	Bitmain
tax cash bitcoin mining forcing through developer

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Bitcoin Cash (BCH) Community Fractured by Sudden 12.5% Mining Tax

The bitcoin cash community has been splintered by the sudden introduction of a 12.5% miner's tax. Is BCH digging its own grave? The post Bitcoin Cash (BCH) Community Fractured by Sudden 12.5% Mining Tax appeared first on CCN.com

2020-1-23 18:36	ethereum
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This Bitcoin Fork’s Funding Proposal is Drawing Serious Criticism

A bizarre infrastructure funding proposal for Bitcoin’s foremost offshoot, BCH has landed it the ‘centralized crypto’ label from the community. Bitcoin Cash Mining Tax A controversial funding proposal from the CEO of the largest BCH mining pool has raised concerns of centralization among the wider crypto community.

2020-1-23 11:30	Mining
bitcoin proposal funding bch community crypto mining

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Kazakhstan Won’t Tax Cryptocurrency Mining: Report

Kazakhstan’s lawmakers won’t be taxing crypto mining until the mined crypto is exchanged for fiat money, a report says

2019-12-5 19:15	Fiat Money
report kazakhstan mining crypto won exchanged fiat

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Cryptocurrency Might Be Treated as Treasure Under Russia’s Tax Code

Russia might implement an interesting tax method. Local media reported that the Association of Banks of Russia proposes a tax on cryptocurrency mining that is equivalent to the tax on found properties or treasures.

2019-9-27 11:00	tax
russia might tax treasure cryptocurrency reported media

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Bitfury Opens Direct Sales Of Bitcoin Mining Equipment To SMEs

Bitcoin mining rig manufacturer, Bitfury, has published prices on its equipment for the first time. According to an article in Russian-language, RBK-Krypto, the company has opened online hardware sales to small and medium-sized enterprises.

2019-9-18 16:10
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nuco.cloud ICO

The nuco. cloud (short term of nubes computatrum) is a cloudbased distributed computing network developed by the Iron Eagle Capital GmbH, based on BOINC (Berkeley Open Infrastructure Network Computing), the scientific computing cloud of the University of California, Berkeley, and Gridcoin.

2019-7-9 17:17
2019 cloud nuco eur per computing 2020

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Cryptocurrency Around the World: Regulations, Taxes, Mining & Others

Coinspeaker Cryptocurrency Around the World: Regulations, Taxes, Mining & OthersThis report is going to cut down the lack of information about cryptocurrencies. Find out comprehensive information about countries attitudes and regulations, tax politics, technologies, and mining.

2019-4-27 10:18	Mining
mining regulations cryptocurrency around taxes world information

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Bitfury Partners With R&D Firm to Launch Crypto Mining Center in Paraguay

Blockchain firm Bitfury will develop a bitcoin mining center in Paraguay. The new mining operation is in partnership with Seoul-based research and development firm Commons Foundation.

2019-2-8 23:32	Bitcoin
mining bitcoin bitfury center paraguay project commons

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Crypto Mining Could Bring Russia $1B in Taxes, Report Suggests

Using its excess energy generating capacity to mine cryptocurrencies, Russia can increase its budget receipts by more than $1 billion dollars in annual tax revenue. The estimate comes from a report that also calls for the establishment of a Russian crypto valley.

2019-1-29 11:08	Taxes
crypto report russia valley suggests taxes could

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Op Ed: Bitcoin Mining Attacks Are Overblown

Whenever I claim that bitcoin is the only decentralized cryptocurrency, I get one of two arguments:My X coin is also decentralized. Bitcoin isn’t decentralized because of Core and/or miners.

2019-1-21 21:52	Mining
bitcoin mining attack power single network need

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UK Investors to Pay Capital Gains and Income Tax on Bitcoin Investments

The U. K. government has said that individual investors will be liable to pay capital gains tax each time they sell crypto assets such as BTC for profit. In new taxation guidelines published Dec.

2018-12-20 04:50
tax bitcoin gains investors capital pay assets

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Finland Hands Over Info for 2,700 Danish Traders to Denmark’s Tax Agency

Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT). According to a press release, the traders used an undisclosed Finnish exchange to collectively purchase and sell some $15.

2018-12-14 03:12	Bitcoin
bitcoin tax information traded exchange traders taxable

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The Daily: Binance Shows DEX Preview, Ohio to Attract Blockchain Startups With Big Investment

In today’s edition of The Daily, we cover Binance’s second preview of its upcoming decentralized exchange and how the state of Ohio plans to attract blockchain startups with big investments and tax breaks.

2018-12-5 17:20
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New Crypto Mining Facility Investor Worth $116 Million Shys Away from Norway After Tax Changes

A foreign investor had planned to invest $116 million to build a crypto mining facility in Norway. However, it does not seem to be going forward because the country’s government has decided to exempt crypto mining centers from receiving tax subsidies.

2018-11-29 18:32	News
mining crypto norway tax investor facility 116

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Tax Rates For Electricity Soars In Norway, Leading Miners To Potentially Flee To Sweden

Around the world, the cost of mining seems to be predominantly expensive as a result of how much electricity is needed. In Norway, new tax rates have been established that makes electricity even more expensive, but miners don’t want to take this laying down.

2018-11-28 09:42	News
miners electricity tax rates norway expensive want

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Sweden Open To Crypto Mining Companies In Wake Of Norwegian Electricity Tax Shift

The neighboring country may provide a home to those wishing to leave Norway.

2018-11-28 20:53	World
may country neighboring provide those norway leave

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Sweden Expects to Attract Norwegian Bitcoin Miners After Brutal Tax Hike

With Norway set to revoke electricity subsidies for cryptocurrency miners from January 2019 onward, Swedish data centers are anticipating a wave of inquiries from mining companies seeking to domicile in Sweden.

2018-11-27 11:15
miners sweden bitcoin expects norway data norwegian

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Bitcoin Price Analysis: BTC/USD Stable at $4,000, Paraguay Gives Green Light For the World’s Largest Crypto Mining Center

Latest Bitcoin News Coinciding with BTC market pull back is morale boosting news that the US state of Ohio will begin accepting tax payments in Bitcoin. Spearheading this drive is the State Treasurer, Josh Mandel, who term the move efficient, secure, transparent and cheap especially for merchants and businesses that in days to come will […] The post Bitcoin Price Analysis: BTC/USD Stable at $4,000, Paraguay Gives Green Light For the World’s Largest Crypto Mining Center appeared first on Ethereum World News.

2018-11-26 17:10
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Sweden Braces For Migrant Caravan Of Norwegian Bitcoin Miners

Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt.

2018-11-24 15:00	sweden
norwegian sweden mining week tax norway bitcoin

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Norway Has Change Of Heart For Bitcoin Miners As Country Halts Its Power Tax Subsidy

Crisis Ahead: Norway Ends Power Tax Subsidy For Bitcoin Miners When you hit rock bottom, it can only get worse, or at least is what the Bitcoin miners in Norway must be thinking right now. The Norwegian government has decided that it no longer supports BTC mining and has decided to cut the power subsidy […]

2018-11-23 08:05	News
miners power subsidy bitcoin norway decided tax

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Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills

Two mining companies with operations in Sweden have reportedly abandoned their facilities in the country’s northernmost county of Norrbotten. One of the companies, U. S. miner NGDC, appears to have suddenly fled from the area, leaving $1.

2018-11-16 00:35
unpaid bills miner electricity county companies abandons

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Crypto mining farms in China were suspended for strict tax inspections

Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks, CCN reported.

2018-11-14 18:34
mining inspections strict suspended tax farms result

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Regulations Roundup: Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency

In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.

2018-11-14 22:45
donations michigan inspection mining tax chinese roundup

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Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency

In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.

2018-11-14 22:45
donations inspection michigan mining tax chinese undergo

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Bill Proposes Tax Holiday for Cryptocurrency Businesses in Ukraine

A draft bill introducing tax breaks for entrepreneurs and companies dealing with cryptocurrencies has been filed in Ukraine’s parliament, the Verkhovna Rada. The authors of the bill have called for tax exemptions for entities working in the sector until the end of 2029.

2018-10-24 03:15
bill tax ukraine holiday proposes cryptocurrency businesses

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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini

Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.

2018-10-24 19:38	Op-ed
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Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill

Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency. ” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service.

2018-10-22 22:30	Taxes
mining assets bill digital lawmakers russian references

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Ukrainians Advised to Pay 19.5% Tax on Crypto Incomes

In the absence of dedicated regulation, Ukrainians are expected to pay the regular 19. 5% income tax rate on their profits from crypto-related activities like trading and mining, a high-ranking official from the Finance Ministry in Kiev explained.

2018-9-8 13:10
crypto tax ukrainians pay incomes advised either

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New Bill Clarifies Crypto Taxation in Poland

A new draft introducing amendments regarding the taxation of crypto incomes has been published in Poland. The bill differentiates between decentralized cryptocurrencies and centralized virtual money, and clarifies the tax regime applicable to crypto trading and mining.

2018-8-29 23:55
crypto new poland clarifies taxation bill centralized

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New Bill Proposes 5% Tax on Crypto Incomes in Ukraine

A draft law prepared by deputies and representatives of the industry aims to introduce light taxation of crypto incomes in Ukraine. Businesses and individuals will be required to pay 5% on their profits from trading and mining cryptocurrencies when exchanged to fiat.

2018-8-10 00:25
ukraine incomes crypto proposes bill new tax

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Bitmain Launches Key Crypto Mining Facility in Texas

Bitmain Technologies Ltd. is launching a crypto mining facility and blockchain data center in the U. S. state of Texas at a former aluminum smelting facility with a recently-retired coal power station.

2018-8-7 09:15	Virtual Currency
crypto facility mining bitmain texas key launches

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Russian Lawmakers are Looking to Pass the Bill on Cryptocurrencies

The document will not include separate taxation schemes for cryptocurrency owners, which means that mining and circulation of cryptocurrencies will be regulated under existing provisions of the Russian Tax Code.

2018-7-19 12:29
cryptocurrencies russian bill pass lawmakers looking existing

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Blockpit ICO (TAX Token): Cryptocurrency Tax Auditing & Reporting Solution

The average cryptocurrency user trades or holds assets on around 4 to 5 different digital currency exchanges and wallets simultaneously. Thus, keeping track records for tax purposes becomes increasingly difficult.

2018-7-7 20:25	Cryptocurrency
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WatchGuard Reports About Linux Targeted Cryptojacking Mining Software

Cryto-Rich Avoiding Capital Gains Cryptocurrency has led to an influx of favorable gains for many investors – the trouble is, such gains are subject to the capital gains tax. The tax can be a staggering amount, especially for those who are unprepared.

2018-7-5 00:15	News
gains capital financial tax those subject especially

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EU’s Report on Cryptocurrencies: Says Officials “Should Not Ignore” Them

The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.

2018-7-3 23:28	Adoption
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Bitcoin Cash founder Roger Ver arrested in Spain for tax evasion

Bitcoin investor Roger Ver arrested in Spain, charged with mail fraud, tax evasion, and causing a $48 million loss to the IRS. The post Bitcoin Cash founder Roger Ver arrested in Spain for tax evasion appeared first on Crypto Briefing.

BITCOIN CASH PRICE ANALYSIS & PREDICTION (April 4) – BCH Resurges Amid Slight Market Relief, Up 20% Weekly

Bitcoin Cash BCH resumed positive actions today amid a temporal relief in the market. The bulls are not slowing down momentum as they aim to retake the weekly high. It is currently one of the top gainers with an 8% daily gain.

Bitcoin Cash Spikes 10% After Halving, Bitcoin Hovers Above $66K

Analysts said BTC traders are probably waiting for macroeconomic signals before making a move, referring to the current market lull.

Bitcoin Cash successfully completes halving, price leaps to its highest since 2021

Bitcoin Cash experienced a notable surge, soaring over 10% following the completion of the blockchain’s network halving. The digital asset, which has been on a consistent upward trajectory since the year began, has witnessed a remarkable 23% surge over the past week and an impressive 43% upswing in the last 30 days, according to data […] The post Bitcoin Cash successfully completes halving, price leaps to its highest since 2021 appeared first on CryptoSlate.

Bitcoin Cash Price Solid 15% Gain: Signs Point to Fresh BCH Rally Ahead

Bitcoin Cash price rallied over 15% and broke the $275 resistance. BCH is now facing strong resistance near the $282 zone. Bitcoin cash price started a fresh surge above the $250 resistance. The price is trading above $265 and the 100 simple moving average (4 hours).

Mt. Gox trustee confirms creditors’ addresses for BTC and BCH repayments

Mt. Gox creditors are reportedly receiving emails from the collapsed crypto exchange to confirm their accounts for repayments. According to emails shared by users of social platforms such as Reddit, creditors can receive payments in Bitcoin (BTC) or Bitcoin Cash (BCH).

Bitcoin Cash Price Pumps Over 10% But $255 Is The Key To More Gains

Bitcoin Cash price rallied over 10% and broke the $245 resistance. BCH is now facing strong resistance near the $255 zone. Bitcoin cash price started a fresh surge above the $232 resistance. The price is trading above $245 and the 100 simple moving average (4 hours).

2020-1-29 14:30

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