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Mongolia Continues to Attract Bitcoin (BTC) and Crypto Miners
Bitcoin (BTC) and crypto mining needs the perfect balance of energy costs and revenue to be a viable investment venture. In the case of energy, cheap rates are preferred. There is also the aspect of cooling the mining machines that is usually taken care of by air conditioning in traditional data centers. дальше »
2019-1-13 14:14 | |
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Venezuela Issues Decree Regarding the Payment of cryptocurrency and Foreign Fiat Tax
On January 7, 2019, the government of Venezuela published a decree detailing the process of taxation payment with regards to cryptocurrencies and foreign fiat currency. As cryptocurrency becomes more widely used, the subject of its taxation inevitably comes up. дальше »
2019-1-11 08:38 | |
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GMO Internet Group Records In-House Revenue Losses But Big Boost in Bitcoin Mining Rewards
Last year ended with major problems in the crypto mining industry, as Bitcoin mining started to become less fruitful. GMO Internet Group, a major force in the IT industry in Japan, recently published a monthly report on the mining operations that happen in-house. дальше »
2019-1-9 23:07 | |
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Despite Reporting Revenue Losses, GMO Internet's Crypto Mining Rewards Soar
Japan’s GMO Internet Group has confirmed it took a steep hit in overall mining revenue, but nonetheless saw a steady increase in monthly Bitcoin mining rewards
дальше »2019-1-8 17:18 | |
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PayOutPro: Bitcoin Revenue Sharing System and Knowledge Plans?
PayOutPro is a marketing web-based platform that grants its users access to their available services or knowledge plans. By becoming a member of this site, the users are offered a marketing portal, a how-to marketing training, and a revenue sharing opportunity. дальше »
2019-1-3 03:13 | |
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There May Be (Some) Tax Relief Options if You Sold Your Bitcoin at a Loss
For investors whose first time investing in bitcoin was in 2018 or after late 2017, there is a high likelihood that they have incurred substantial losses for the fiscal year of 2018 if they haven’t sold yet. дальше »
2018-12-29 02:01 | |
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Japan’s Internet Giant GMO Quits Mining Hardware Bussiness
GMO Internet says it will no longer develop, manufacture, and sell Bitcoin mining hardware following significant losses incurred in Q4 2018. The Japanese IT company will instead focus on its in-house mining activities following a comprehensive revenue review. дальше »
2018-12-26 17:00 | |
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U.K.’s Tax Authority Releases Taxation Guidelines for Local Cryptocurrency Holders
Her Majesty’s Revenue and Customs (HMRC), a non-ministerial department of the British government in charge of the collection of taxes, has published a paper highlighting the various types of fees applicable to blockchain-based virtual currencies and how cryptocurrency traders should handle their cryptos, according to a report released December 20, 2018, by the agency. дальше »
2018-12-23 03:00 | |
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British Revenue and Customs Agency Clarifies Law on Crypto Taxes
The British government has recently released a policy paper clarifying the tax laws on crypto assets. This fairly straightforward document was released on Her Majesty’s Revenue and Customs’ (HRMC) website, holding a sundry list of important crypto space terms, the relevant tax codes and points of intersection between the two. дальше »
2018-12-21 23:09 | |
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Will Coinbase Hit Its 2018 Target of $1.3 Billion in Revenue?
The current crypto bear market is dragging on, with billions in cryptocurrency wealth wiped out in 2018. The trading volume of six year-old Coinbase has hit a yearly low. Despite the crypto winter, the company is continuing to raise funds and has reached an impressive valuation of $8 billion. дальше »
2018-12-15 21:00 | |
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Bitmain Follows Industry Trend, Shutters Operations in Israel
Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes. дальше »
2018-12-10 20:51 | |
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Crypto Accounting Firm Predicts Massive Loss Claims in IRS Tax Filings for 2019
With more people rushing into the cryptocurrency market since late 2017 and the subsequent year-long bear market in 2018, one accounting envisages a barrage of loss claims in cryptocurrency and Bitcoin tax filings next year. дальше »
2018-12-7 23:00 | |
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IRS to Face Record Number of Loss Claims, Says Crypto Accounting Firm
Node40, a developer of bitcoin tax-reporting software, expects the U. S. Internal Revenue Service (IRS) to receive a record number of cryptocurrency-related tax return claims this year, as it predicts that many investors will decide to declare their losses. дальше »
2018-12-6 16:55 | |
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Thai Revenue Department Tests Blockchain Technology to Track VAT Payments
Blockchain technology is being tested by the Revenue Department of Thailand to keep track of value-added tax (VAT) payments, reports Bangkok Post, December 3, 2018. If successful, Thailand could become the first country in the world to utilize distributed ledger technology (DLT) for tax purposes. дальше »
2018-12-4 06:00 | |
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Report: Crypto Exchanges Are Recording Impressive Revenues
Cryptocurrency exchanges are catching up to their traditional counterparts, a new study suggests. According to a report released by global professional services company Accenture, revenue from cryptocurrency exchanges is now matching that of traditional exchanges. дальше »
2018-11-29 20:08 | |
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Look at Data From Past Bitcoin Crashes and You Might (Possibly) Feel Better
After a bearish year of perennial price swings that culminated in months of tightly wound sideways movement, the (former) bottom has dropped out for bitcoin and the wider crypto market. дальше »
2018-11-28 21:44 | |
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NVIDIA Q3 2018 Earnings Report Solidifies Drying Crypto Mining Business
American technology company NVIDIA released its Q3 2018 earnings report on November 15, 2018, which states that the company’s graphics processing units (GPU) sales among cryptocurrency miners has plummeted a great deal since Q4 2017 cryptocurrency boom. дальше »
2018-11-18 15:00 | |
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Nvidia Misses Q3 Revenue Target as Cryptocurrency Slump Weighs on Business
Shares of Nvidia plunged as much as 17 percent in after-hours trading on the Nasdaq Stock Market on Thursday, after the U. S. bitcoin mining equipment maker reported unexpectedly weak revenue for the third quarter. дальше »
2018-11-16 17:30 | |
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Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall Short By $700M Due To Falling Crypto-related GPU Demand
Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone. дальше »
2018-11-16 16:09 | |
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Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses
Japan’s IT behemoth GMO published its Q3 2018 financial report on November 12, 2018, which reveals the company’s “historical performance” in its cryptocurrency business line. According to the report, the firm’s crypto segment earned revenue more than JPY 2. дальше »
2018-11-13 18:00 | |
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Cryptocurrency Traders Evade Taxes Making Use of Lending Loopholes
According to an article by Venture Beat, published November 11, 2018, cryptocurrency traders in the U. S. have found a lending loophole to avoid taxation on their digital currency transactions. Evade Taxes by Loaning out Equivalent Amount Taxation has been one larger problems facing the cryptocurrency industry since it came into prominence. дальше »
2018-11-13 02:00 | |
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Financial Report: Canadian Bitcoin Mining Firm Posts Record $13 Million in Q3
A Canadian Bitcoin mining firm, Hut 8 has reported record revenue of CAD17. 7 million ($13. 4 million) in Q3, according to its quarterly financial report ending Sept. 30th published on Nov. 8th. дальше »
2018-11-10 15:59 | |
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Square Generates $43 Million in Bitcoin Revenue in Q3, Profits Reach $500,000
Mobile payments and merchant services provider Square, Inc. has revealed its Q3 revenue report, and with it has shared some positive growth in Bitcoin-related revenue. Square Shows Steady Continued Growth in Bitcoin Revenue According to Square’s third quarter 2018 revenue report, the mobile payment firm generated $431 million in adjusted net revenue – beating FactSet. дальше »
2018-11-10 01:00 | |
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Square’s Bitcoin (BTC) Revenue Continues to Climb
Bitcoin (BTC), Cryptocurrency–Despite the crypto markets entering the final months of 2018 in an ongoing bear cycle, cryptocurrency and financial services company Square has revealed that Q3 revenue was up $6 million, including a profit of $500,000. дальше »
2018-11-9 05:43 | |
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Top Crypto News (Nov 8): SEC Shutdowns EtherDelta, Square’s Bitcoin, IBM, BitMEX, Binance, Bitmain
Bitcoin Investors Should Never Use Centralized Crypto Exchanges for Storing Crypto Assets Bitcoin Investors Should Never Use Centralized Crypto Exchanges for Storing Crypto Assets SEC Charges EtherDelta Token Trading Founder for Operating Unregistered Exchange Illegally SEC Charges EtherDelta Token Trading Founder for Operating Unregistered Exchange Illegally Square’s Shareholder Letter Shows $43 Million in BTC Revenue […] дальше »
2018-11-9 02:53 | |
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Square, Boosted By Its Bitcoin Business, Posts First Ever Profit in Q3
Jack Dorsey’s financial services provider, Square, has reported its first quarterly profit of $20 million. The bitcoin-integrated payments company also beat Wall Street estimates for Q3 earnings and revenue. дальше »
2018-11-8 18:00 | |
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Controversial Oyster Protocol Project Forks into Opacity
Oyster Protocol, a hybrid IOTA/Ethereum smart contract platform designed to help websites garner revenue, has forked into Opacity, a tool for sharing files uploaded through Oyster. The November 6, 2018 move comes shortly after Oyster’s founder was accused of carrying out a pump and dump scheme using its network. дальше »
2018-11-8 00:00 | |
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Thai Authorities Set to Use Blockchain Technology To Fight Tax Evasion
In a bid to curb the menace of tax evasion and ensure workers pay their correct tax amounts, Thailand’s Revenue Department has announced it would use distributed ledger technology (DLT) and machine learning for tax avoidance probes, according to a Bangkok Post report on November 5, 2018. дальше »
2018-11-6 12:00 | |
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Coinbase, Binance to Defy Market Slump and Post Billions in Revenue This Year
With the currently depressed cryptocurrency prices yet to recover from January’s massive correction, most crypto investors are struggling to produce a profit this year. Perhaps it is even safe to assume that many digital portfolios have suffered substantial losses similar to the crypto market as a whole. дальше »
2018-11-5 14:29 | |
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The Week That Was: Tether’s Controversy Rolls On, Bitcoin Turns 10, Coinbase Predicts $1.3 Billion In Revenue
It was a landmark week for the cryptocurrency industry as the king of cryptos marked ten years since Satoshi Nakamoto released the Bitcoin whitepaper. Bitcoin turned 10 on October 31, but there was little to celebrate as the crypto shed close to $200 just a day before its 10-year anniversary. дальше »
2018-11-5 04:27 | |
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Brazil’s Tax Authority Goes After Cryptocurrency Profits
Brazil’s tax authority has published proposals to regulate the cryptocurrency landscape over concerns digital assets are being used to launder money and evade tax. A document released by the Department of Federal Revenue of Brasil (RFB) disclosed plans that will force cryptocurrency traders to reveal their identities and for exchanges to submit financial reports to […] The post Brazil’s Tax Authority Goes After Cryptocurrency Profits appeared first on Bitcoin News. дальше »
2018-11-3 13:00 | |
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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round
Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post. дальше »
2018-10-31 20:51 | |
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Coinbase Bear Market Revenue Projected to Beat Last Year’s Bull Run
Coinbase achieved staggering annual revenue results during 2017 largely due to Bitcoin’s bull run and cryptocurrency catching the attention of the mainstream public for the first time. However, the 2018 bear market may end up being even more profitable for the cryptocurrency giant. дальше »
2018-10-30 20:00 | |
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Xhoneybadger.com Pays Users Honeybadgers (XHB) Cryptocurrency To View Content
Elise de Loos from Cashpay Solutions recently launched a new video website named Xhoneybadger. com. The platform which uses Bitcoin cash for advert revenue that is shared with its users was unveiled on Tuesday, October 16, 2018. дальше »
2018-10-30 11:02 | |
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Oracle Announces a Blockchain-Based Product Focused on Supply Chain Efficiency
On October 23, 2018, Oracle Corp reported it was developing a new blockchain-based software-as-a-service (SaaS) application designed to streamline and improve the supply chain efficiency. This week Oracle announced the new blockchain-based product was already available. дальше »
2018-10-29 16:00 | |
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Xhoneybadger.com Pays Viewers Cryptocurrency to Watch Content
On Oct. 16, Elise de Loos from Cashpay Solutions launched a new video website called Xhoneybadger. com, a platform that utilizes bitcoin cash for ad revenue that’s shared with its users. Basically, Xhoneybadger members are paid in tokens called honeybadgers (XHB) every time they watch a video. дальше »
2018-10-28 01:15 | |
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IRS Advisory Committee Requests Clearer Guidance for Crypto Tax Code
On October 24, 2018, an advisory committee to the Internal Revenue Service (IRS) published a report calling for clarity on the IRS’s position toward cryptocurrency taxation. дальше »
2018-10-27 20:34 | |
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AMD GPU Sales Go South as the Demand for Cryptocurrency Mining Units Plummets
According to its quarterly financial results report, the American semiconductor manufacturer company AMD had almost negligible sales of blockchain-related graphics processing units in Q3 of 2018. The financial report was published on October 24, 2018. дальше »
2018-10-27 17:00 | |
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CoinGeek’s Public Mining Pool Opens for Bitcoin Miners
SVPool, the public mining pool for miners on the Bitcoin BCH network, announced that it has opened for business on Monday, Oct. 22. The public pool is managed by CoinGeek Mining and claims to be following the original vision of Satoshi Nakamoto, which helps miners in generating long-term revenue. дальше »
2018-10-24 14:59 | |
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Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt
GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business. дальше »
2018-10-23 19:00 | |
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Coinbase Ditches Its Index Fund in Favor of a New Retail Feature
Coinbase – one of the largest digital currency exchanges in the U. S. – is nixing its index fund designed for accredited investors and shifting its focus to a new retail product, The Block reportshttps://theblockcrypto. дальше »
2018-10-14 04:27 | |
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Blockchain Business in Crypto Valley Has Doubled Since Last Year: Report
The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries. дальше »
2018-10-11 00:18 | |
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CashTippr Reveals New WordPress Plugin to Boost Bitcoin Cash (BCH) Tips for Content Creators
CashTippr has Gone Ahead to Create an Additional Revenue Stream for Bitcoin Cash Being able to monetize content online has been made much more manageable, this is all thanks to the crypto market. With the CashTippr, it will be a welcome addition to the market, even though the current solution only supports the Bitcoin cash. […] дальше »
2018-10-9 20:36 | |
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