IRS Tax Rulling May Have Just Killed Alt-Coin Mining
Presenting the IRS a Real Use-Case Scenario to Teach Them About the Possible Unintended Consequence the Alt-Coin Mining Taxes. I just finished my taxes. I feel like I was just punished for being on the cutting edge of computer and monetary science. That will teach me - why would I want to be part of an innovative technology in the USA? How dare I? Before....
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Many people don't know about the different types of mining pools out there. Multi-pools allow for mining multiple currencies based on profitability, some only focus on promising new coins, and some only focus on one particular coin as their whole purpose. Not only are there different mining pool types to choose from, but the payout methods are different, with PPLNS, PROP, and PPS being the most popular. This mining guide will clue you in on what pools are available to you, and what payout methods they use. A Guide to Different Cryptocurrency Mining Pools. Single Coin Mining Pools. Single....
The US Department of Justice charged Mining Capital Coin’s senior executive officer with conspiracy to commit a $62 million crypto investment scam. According to the DOJ complaint, Luiz Capuci and unnamed co-conspirators deceived investors over the profit-generating potential of MCC mining packages and a native token called Capital Coin, which was backed by the “largest […]
A couple months ago I saw a new physical Bitcoin being offered that had a unique and interesting concept behind it. It's the Nasty Fans Seat coin. As you know from my previous article on the MicroSoul coin, I am a fan of physical Bitcoins especially those that break the mold. This led me to look into what Nasty Mining was all about. What I found, was a solid foundation and set of supporters, Nasty Fans who are more like partners in Nasty Mining. Nasty Mining is the project of OgNasty one of the most trusted members of the Bitcoin community. Not only does he run Nasty Mining he has a fan....
There have been several reports this week detailing how security firm Symantec took down a large portion of a bitcoin mining botnet called ZeroAccess. What few, if any, mention is that the bitcoin mining part of the botnet hasn't been functional for almost six months, because the developers deliberately killed it. The question is, why? ZeroAccess is a piece of malware that joins an infected computer to a large network of similarly compromised machines. They can then be controlled by a central administrator, commonly called a botherder, who then gets the machines to do his bidding. Most....
NastyMining Celebrates It's 2 Year Anniversary With The NastyPool Mining Lotto. Nasty Mining is celebrating its 2 year anniversary this week. In honor of it, OgNasty and nonnakip are announcing the NastyPool Mining Lotto. NastyPool is a P2Pool node that has successfully weathered the storm of large mining pools and gives the NastyFans and NastyMiners a place to call home. P2Pools are even more important than ever now as you continue to see gHash.io/cex.io is hovering near the 50% range with their disclosed hash rate. NastyPool is run by nonnakip who also runs NastyFans.org. The service is....