|
Ariem
|
 |
March 18, 2018, 07:40:54 AM |
|
depends on the electricity costs i guess? i heard it's cheaper there for the most part, so it might work out
Electricity costs is about 0.07 cents, I guess it is chip if compare it to European price, but if compare to Russia of China, I think it is expensive. |
|
|
|
|
|
|
|
|
|
|
|
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
Profuter
Member
 Offline
Activity: 210
Merit: 10
|
|
March 18, 2018, 08:06:52 AM |
|
"The government in Kiev has taken concrete steps to legalize cryptocurrency mining. Ukraine’s Minister of Economy has ordered several ministries, agencies, and the National Bank to prepare the documents necessary to include mining in the state register of economic activities. " https://news.bitcoin.com/ukraine-to-legalize-crypto-mining-as-economic-activity/Thought this was pretty interesting. But is crypto mining even profitable at this point? Idk if it's worth it for btc, maybe some other alcoins? What do you think? I think now mining is advantageous only on a large scale and where cheap electricity, because who has a small farm, now earn very little. |
|
|
|
|
Nakaba
Member
Offline
Activity: 167
Merit: 11
|
|
March 18, 2018, 08:14:19 AM |
|
"The government in Kiev has taken concrete steps to legalize cryptocurrency mining. Ukraine’s Minister of Economy has ordered several ministries, agencies, and the National Bank to prepare the documents necessary to include mining in the state register of economic activities. " https://news.bitcoin.com/ukraine-to-legalize-crypto-mining-as-economic-activity/Thought this was pretty interesting. But is crypto mining even profitable at this point? Idk if it's worth it for btc, maybe some other alcoins? What do you think? This is a good news for those miners that has a restricted or trying to ban mining cryptocurrency in their country. This is a good counter to those who want cryptocurrency to die but they are already out of luck. Good decision by the government of Ukraine. Now China and other countries will think twice before they ban mining cryptocurrency because it is their loss if they implement it. |
|
|
|
|
ronni01
Newbie
Offline
Activity: 210
Merit: 0
|
|
March 18, 2018, 08:19:39 AM |
|
I myself am from Ukraine and I know why they did so, we have such a country that if it is possible to withdraw money from people they will do nothing new just new taxes cheers!
|
|
|
|
|
vensky
Member
Offline
Activity: 177
Merit: 88
|
|
March 18, 2018, 08:27:12 AM |
|
Ukraine taking advantage of crypto. The country is in a difficult position and crypto could help them to gain some money.
Yes, mining is still profitable.
The government in Kiev can legalize anything, they are not thinking what are they doing, and what profit they will see from crypto mining, crypto is popular and new, thats only the thing that matters for Kiev |
|
|
|
|
kris679
Newbie
Offline
Activity: 224
Merit: 0
|
|
March 18, 2018, 08:30:14 AM |
|
For us, as a "good day", many of Ukraine's deputies in the portfolio have 4000-5000 bitcoins and you think they will pay taxes?
Guys is are not the country in which you can most roscrutitsa!
|
|
|
|
|
|
KryptoKai
|
|
March 18, 2018, 08:41:22 AM |
|
This is a step towards mainstream adoption of bitcoin and altcoins. Ukraine is next to Russia both of which have talented blockchain developers so this is great news. The only problem is that Ukraine is reliant on Russia for energy and they don't have good relations. Hopefully, they will have enough electricity to mine new coins.
|
|
|
|
|
Zveresk
|
|
March 18, 2018, 09:10:56 AM |
|
The only problem is that Ukraine is reliant on Russia for energy and they don't have good relations. Hopefully, they will have enough electricity to mine new coins.
Ukraine doesn't depend from russian electricity. Ukraine consume its own electricity and has no lack of energy |
|
|
|
|
|
GayOfThrones
|
|
March 18, 2018, 09:23:18 AM |
|
"The government in Kiev has taken concrete steps to legalize cryptocurrency mining. Ukraine’s Minister of Economy has ordered several ministries, agencies, and the National Bank to prepare the documents necessary to include mining in the state register of economic activities. " https://news.bitcoin.com/ukraine-to-legalize-crypto-mining-as-economic-activity/Thought this was pretty interesting. But is crypto mining even profitable at this point? Idk if it's worth it for btc, maybe some other alcoins? What do you think? If there's a place where crypto mining is profitable in Europe this is exactly Ukraine, where the electricity cost is one of the lowest. However, the idea of "legalizing cryptocurrency mining" seems to me rather a pretext to tax it. |
|
|
|
|
BogdanGFTP
|
|
March 18, 2018, 09:55:00 AM |
|
I live in Ukraine and I see a lot of people who should pay a bribe to not be accused of terrorism when they have mining farms. So this is a good news for them
|
|
|
|
|
|
kurdun
|
|
March 18, 2018, 11:07:49 AM |
|
In general, this is good news for the development of the crypto-currency market. But I do not think that this will cause a rise in prices
|
|
|
|
|
|
Denies
|
|
March 18, 2018, 11:16:44 AM |
|
I can not yet speculate on what has happened in Ukraine.
at least I have to study and analyze how true the news you are reporting here to be the subject of discussion. but one thing is positive and we should appreciate the legality of bitcoin in ukraine.
|
|
|
|
|
|
bigcash2011
|
|
March 18, 2018, 11:30:28 AM |
|
It is good news for the crypto community, i think more and more countries will start regulating and legalizing not only the mining but all other aspects of crypto business and i also hope that the taxes implemented will be negligibly small.
|
|
|
|
AirdropWeekly
Newbie
Offline
Activity: 25
Merit: 0
|
|
March 18, 2018, 11:44:06 AM |
|
This is a good news for the crypto game, because we need some in these difficult days.
|
|
|
|
|
Invest-or
Member
Offline
Activity: 322
Merit: 20
|
|
March 18, 2018, 12:33:48 PM |
|
I don´t think that is really news, cryptomining is not illegal, you don´t break any law anywhere mining except perhaps in China and probably not even there. The are just going to regulate and get taxes.
|
|
|
|
|
LancelotRay
Newbie
Offline
Activity: 168
Merit: 0
|
|
March 18, 2018, 12:38:27 PM |
|
depends on the electricity costs i guess? i heard it's cheaper there for the most part, so it might work out
Electricity costs is about 0.07 cents, I guess it is chip if compare it to European price, but if compare to Russia of China, I think it is expensive. So it is relatively cheaper then, I imagine it might work out in the Ukraine because of that |
|
|
|
|
|
Asimmo
|
|
March 18, 2018, 01:01:25 PM |
|
Ukraine has electricity generated by Atomic stations, which are cheapest electricity source..
Besides, population 50 million..
Pretty decent combination of wise decision and populations current condition.
Long Live Ukraine..
|
|
|
|
|
idioma1
Newbie
Offline
Activity: 266
Merit: 0
|
|
March 18, 2018, 01:03:36 PM |
|
First time I hear that
|
|
|
|
|
VenturaBro
Newbie
Offline
Activity: 168
Merit: 0
|
|
March 18, 2018, 01:07:54 PM |
|
Ukraine has electricity generated by Atomic stations, which are cheapest electricity source..
Besides, population 50 million..
Pretty decent combination of wise decision and populations current condition.
Long Live Ukraine..
Think we'll see some great things from there in terms of crypto then.  Always loved Ukraine and hope to see great things come out from this. |
|
|
|
|
mlkvch
Jr. Member
Offline
Activity: 120
Merit: 7
|
|
March 18, 2018, 01:12:22 PM |
|
I don't really think that mining is profitable. But it doesn't mean that regulation of mining is bad and unnecessary. It's a very good sign. Ukraine has potential to become the crypto capital of the world  |
|
|
|
|
|
