Another US City Aims to Become Bitcoin Hub — Exploring BTC Payroll, Mining, H...
Another U.S. city, besides Miami, is looking to become a bitcoin hub. The mayor of the city of Jackson TN says that his city is exploring payroll conversions in crypto in addition to bitcoin mining to add the cryptocurrency to its balance sheet. Jackson TN Looking to Become a Bitcoin Hub Mayor Scott Conger of Jackson, Tennessee, has shared on Twitter his plans to make his city a bitcoin hub. “Jackson TN is in a prime position to lead the way in cryptocurrency adoption,” he said this week. “Local government will lead the way in bitcoin adoption, and along with it, usher in....
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While performing a search on the internet, it is currently easy to find articles exploring whether Mining City is a Ponzi scheme or not. There are indeed some misunderstandings and bad press, but you have to keep a cool head. You should take a look at Mining City objectively, weigh all the arguments, ignore the […]
Mining City’s growth throughout 2020 has been significant. With an easy-to-use website, thousands of community members active all over the world and regular promotions, now is a great time to begin reaping the possibilities that Mining City (www.miningcity.com) has to offer in 2021. What Is Mining City? Mining City is an initiative that unites people through mining cryptocurrency. Using a “mining plan” structure it gives its users the opportunity to obtain hash power needed for mining. This hash power entitles them to a portion of the total mining reward. Put simply, once....
Today, we have an interview with the founder of Bitwage, a company that aims to pay workers with bitcoin that in turn pay bitwage through wire transfers. The instructions are fairly straight-forward. Bitwage will send you a bank number, you tell your employer to wire transfer your paycheck to said bank number and voila, bitwage will then pay you in bitcoins. What is Bitwage? “Bitwage is the largest bitcoin payroll provider in terms of users and volume. We make it incredibly easy for anyone to send and receive wages in bitcoin. We offer three main solutions, payroll individual, payroll....
With Bitpay Payroll Services, you now can ask your employer to pay you in Bitcoin! ATLANTA-(BUSINESS WIRE)-BitPay, the world's largest payment processor for virtual currencies, announces a beta release of their bitcoin payroll API for employers, which allows their W-2 employees to receive a portion of their net pay in bitcoin. "Since all payroll and withholding taxes are taken out first from the employee's gross income, bitcoins can be sent from the net pay tax-free, and the employer's gross income reporting to the IRS remains unchanged." The Bitcoin Payroll API is designed for employers....
The payroll provider will leverage the wallets of Casa and Edge to streamline and automate payroll in bitcoin for businesses and governments.