Posts on the Topic Volatility
Kenya's mining tax structure is complex, balancing government revenue with not overburdening miners, while cryptocurrency mining presents unique taxation challenges due to its intangible nature and high energy consumption. Potential solutions include non-income-based taxes on energy use, training programs for...
The NVIDIA RTX 3060 Ti is a popular choice for miners due to its balance of performance and affordability, offering efficiency in handling various mining algorithms while managing electricity costs. To maximize profitability with the 3060 Ti, it's crucial to...
Islamic finance aligns with ethical teachings of Islam, emphasizing fairness and avoiding interest (riba), excessive uncertainty (gharar), and gambling-like activities (maisir); while cryptocurrencies intrigue due to their decentralized nature, they pose challenges regarding volatility and speculative use that may conflict...
Bitcoin mining is considered a business activity, requiring miners to report earnings and pay taxes based on the fair market value of mined coins while potentially deducting expenses; initiatives like the Global Mining Tax Initiative aim to harmonize tax policies...
When cashing out crypto from mining, choose your payout coin wisely by considering transaction fees, market volatility, liquidity, and future potential; also understand minimum withdrawal requirements to ensure efficient transactions....
The article explores whether Tether (USDT) mining is halal by examining Islamic finance principles such as the prohibition of riba and gharar, transparency, ethical conduct, and asset-backed transactions. It presents diverse perspectives from Islamic scholars who debate USDT's permissibility based...
Memecoins are a subset of cryptocurrencies that originate from internet memes and jokes, gaining popularity through their humorous nature, community-driven support, and social media influence. While they offer potential for rapid gains due to high volatility and low entry barriers,...
USDT, or Tether, is a stablecoin pegged to the US Dollar and issued by Tether Limited through fiat collateralization, ensuring each token is backed by real-world assets. It plays a crucial role in cryptocurrency trading due to its stability and...
The article explains the differences between meme coins and traditional cryptocurrencies, highlighting that meme coins are driven by social media hype with high volatility and lack intrinsic value, while traditional cryptocurrencies like Bitcoin and Ethereum have robust technological foundations, real-world...
Crypto mining is the process of verifying and adding transactions to a blockchain, with miners receiving rewards for their computational efforts. The profitability of crypto mining has evolved over time due to changes in technology and market conditions, requiring miners...
Kaspa mining has gained popularity due to its high throughput, rapid confirmation times, and eco-friendly approach, attracting miners with its GPU-compatible hardware and ASIC resistance. While profitability depends on various factors like electricity costs and market volatility, Kaspa's active community...
The Kaspa mining calculator is a tool for estimating potential earnings and costs in Kaspa cryptocurrency mining, considering factors like current price, hash rate, electricity cost, and pool fees. It's important to input accurate data regularly due to the volatile...
Cloud mining allows individuals to lease processing power from remote data centers for cryptocurrency mining, offering convenience and lower upfront costs but potentially reduced earnings and risks of scams. Hardware mining involves owning equipment with greater control and profit potential...
Bitcoin mining pools are groups of miners who combine their computing power to mine Bitcoin blocks and share the rewards. Joining a mining pool increases the frequency of payouts and reduces the volatility of the mining process, making it a...