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What to Expect When You Order a Hardware Wallet

Over the past few months, well known hardware wallet manufacturers have been swamped with sales during and after the holiday season. Hardware wallet deliveries have been backed up and some people have had to wait weeks to get direct shipping from source manufacturers. Much of the demand has stemmed from the typical holiday season, but also because digital assets have gained a lot in value during the course of 2017 and into the new year. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten   Satoshi Labs Discloses the Company’s Processing and Shipping Procedure This week the Prague-based hardware wallet manufacturer, Satoshi Labs, told the public how a Trezor order …

Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes

After the newly written U.S. tax laws recently passed, cryptocurrency investors realized the tax-free exemption filing 1031 for IRS reporting is no longer applicable to their digital asset investments. The law also implies that a lot of people will have to pay taxes on every single transaction they processed throughout the past twelve months. However, there is one loophole available to cryptocurrency investors, but it involves gifting the funds to another person or charity. Also read: How Dorian Nakamoto Became Satoshi Nakamoto Gifting Cryptocurrencies: The Only Crypto-Tax Loophole Robert Wood of Wood LLP. The U.S. government is concerned about getting its taxes from American citizens who have invested in cryptocurrencies. Last …

PR: Why the Bitcoin Holders Should Hurry up to Invest in e-Chat Before March 1, 2018

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. According to the decision made by the e-Chat management team, the main round of ICO is extended until March 1, 2018. There are a couple of reasons for that. 1) The e-Chat team is still hesitant about the e-Chat Ethereum fork. As it was mentioned before, the fork might take place right after the ICO. Due to that e-Chat has started a poll where all …

Oregon’s Cheap Hydropower Attracts a Swarm of Bitcoin Miners

Over the past few months, quite a few bitcoin miners have been flocking to regions in North America in places such as Vancouver, and multiple states in the U.S. throughout the Midwest. Now, according to the state of Oregon’s regional press, miners are starting operations in the area because of concentrations of cheap hydropower. Also read: Ross Ulbricht Denied Post-Conviction Relief Extension Oregon’s Burgeoning Surplus of Energy Attracts Bitcoin Miners According to local reports, cryptocurrency miners are finding themselves traveling the ‘Oregon Trail’ for cheap and reliable electricity. Terrence Thurber operates the biggest mining operation in the state called Oregonmines in a small town called Dalles. There are roughly 12 more mining …

Maduro Asks Venezuela’s Banks to Mine and Use Cryptocurrency – Unions Outraged

Venezuela’s president Nicolas Maduro has authorized all savings banks in the country to mine and use the recently launched national cryptocurrency, the petro. Union leaders are outraged by the suggestion, calling the petro a scam, accusing Maduro of abusing his power, and declaring the idea unconstitutional. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Savings Banks Asked to Mine & Use Petro Maduro has “authorized all savings banks in the country to join the cryptocurrency production system and acquire the petro to contribute the benefits to their workers,” according to the government’s website. He explained that: The proposal came after several meetings held by the superintendent of the Venezuelan …

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