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What if I receive a small amount of bitcoins (even if it's just a few cents worth) from a bitcoin faucet, does that also count as income?
*roll eyes* In Canada no, until you convert it to Fiat. In some places yes. But its not like you can declare that you received 0.0001$. You can add 0.01$ to your "Other income" field if it would make you feel better. Are you trolling? I'm not trolling, I am being serious and i'm sorry for sounding like an idiot. |
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What if I receive a small amount of bitcoins (even if it's just a few cents worth) from a bitcoin faucet, does that also count as income?
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What if I convert from one virtual currency to another, is there another tax included in the conversion?
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What if mining does become the main source of income, do I still need to file for taxes?
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What if I start mining for bitcoins for example, do I have to report the coins earned as income?
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How do I file for taxes while earning any crypto currency such as bitcoin, litecoin, DASH, etc?
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Is it possible to control a GPU mining rig using a laptop?
I'm trying to mine for Monero coin (XMR).
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look not far then these cloud service, hashnest genesismining and bit-x
then you have a bunch of good renting site, like miningrigrental(i've done plenty of renting here, i was renting like 50-60 rig one time) nicehash and betarigs
everything else you will find is most likely a scam
How do you use miningrigrental? |
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10 Ths for 0.000894 BTC! That would definitely be too good to be true!  Research, research and more research Prinny, there's a lot of scammers out there...... And like an idiot, I fell for it. |
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No one give the user the answer he or she is looking for.
A lot of Bitcoiner uses the Thai bath symbol to refer to Bitcoin as it look like a "B" with a currency "line". The services is asking for 11 BTC and not 11 Thai Bath. Like what others said, dont invest in cloud mining. It is most likely a scam attempt. Even if it is not, (legit) cloud mining will take you a long time to gain profit.
Thank you for your answers, it was very helpful. |
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Just recently, I found this website called bitcoincloudservices and when I decide to purchase a few terrahash. It is asking me to pay 11.0000 ฿, which is 11.0 Thai Baht, according to the symbol. But when I received an email for the order receipt, they said I have to pay "Amount (BTC): 11.0." So, at this moment I am a bit confused on how much I have to pay, 11.0 ฿ Thai Baht (or 0.000894 BTC at the time of this post) or 11.0 BTC.
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