Bits Be Trippin
What's New
Mining Disrupt 2025 – Let’s talk!
Cryptocurrency transactions get recorded on the blockchain as “blocks.” Mining is the process that finalizes those blocks and releases new coins into circulation. Mining requires specialized computers that use huge amounts of electricity. The first miner to guess a hash correctly broadcasts it to the network.
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ChumpChangeXD
What's New
🚀 Bitcoin n’ Crypto Price Explosion Looming?!
Crypto mining is extremely energy-intensive and uses significant quantities of electricity, which makes it a losing proposition for many miners. The IRS treats mined cryptocurrency as taxable income, valued at the fair market value of the coins at time of receipt.
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