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How do you pay taxes on crypto | This does not mean that transactions will cease to be verified or that there won't be rewards. He wants his operation to be widely distributed in case of power shortages or regulatory issues in one location. The competition for those computers is so intense that he had to pay for them and wait for delivery. To be able to mine, you'll need to invest in one of the top graphics processing units GPUs, often called video cards for your computer or an application-specific integrated circuit ASIC. Other business advantages matter too � firmware, cooling, taxes, personnel, access to capital, uptime, etc. By working together in a pool and sharing the payouts among all participants, miners have a better chance of being rewarded than alone. |
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