When Will Bitcoin Mining End?
In case you don’t already know, there is a finite supply of Bitcoin, the most widely-known digital currency. You might also know that there are two different amounts that are reported – the number in circulation, and the total supply. The total supply is 21 million, which is the maximum number of bitcoins that ever exist. The number in circulation is the total number that the miners have “dug up”.
Once miners have unearthed the total supply of 21 million Bitcoins, then what? What will become of the miners? The Bitcoin mining industry? Will bitcoin mining end? Keep reading.
(more…)
TOP 10 Millionaires from Bitcoin – Will You Become Number 11?
Many people have become millionaires through owning Bitcoin. Would you like to be one of them?! Everything is possible, if you understand the rules of the game, and if you can predict the fluctuations of currency. If you need some motivation and inspiration, we hope the stories of these people will encourage you. While Bitcoin allows for anonymity – it uses strings of letters and numbers to identify transactions – certain people have publicly revealed that they’re enthusiastic users. Here is the list of the top 10 people with the biggest known stakes in Bitcoin. Perhaps you will make the list one day!
(more…)
What is a Testnet and How Does It Work?
If you’ve never heard of a Testnet, it is a testing network that allows novice traders to trade cryptocurrencies risk-free. It’s a nice way to give people a way to “get their hands dirty” in trading, using a real-world simulation. Once they understand what they are doing, they are ready to move on to the real thing. Let’s take a look at how it works.
TOP-6 Best Ethereum Faucet List 2021
As you might already know, there are several options for getting Ethereum coins (ETH): purchase them through an exchange, mining, or earn them through Ethereum faucets. Sound interesting? Then keep reading!
Here is our list of the top 6 Ethereum faucets. We’ll tell you how they work, and let you know which ones (we think) might be worth your time.
(more…)
Is Ripple Worth Buying in 2021?
So, you are interested in Ripple (XRP), right? What is this crypto, and what makes it different than other cryptocurrencies? Let’s find out. Then, let’s decide if Ripple is worth buying in 2021. Keep reading.
(more…)
Does Bittrex Report to IRS?
Bittrex is one of the largest cryptocurrency exchanges in the world. Based in Seattle, WA, it has been in operation since 2014. The platform currently lists hundreds of coins and hundreds of cryptocurrency trading pairs. But you might be really interested in whether or not there any cooperation between Bittrex and the Internal Revenue Service (IRS). Let’s find out!
(more…)
Does Binance Report to IRS?
It is unlikely that exchanges submit trading information to the American Internal Revenue Service (IRS). Binance, along with other big exchanges, usually honour the safety and independence of their international users. That said, everyone should be a law-abiding citizen of their own country, and follow its tax laws and regulations. Here, we tell you how Binance interacts with the IRS.
(more…)