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Choosing the Best Way to Calculate Cost Basis on Crypto

The tax calculations required for cryptocurrency investments heighten your return’s complexity, and often lead taxpayers to make mistakes during the filing process.For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment is important. Things can get confusing quickly.Miles Fuller is head of government

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A Look at When Bitcoin’s Price Crashed Below the Cost of Production – Mining Bitcoin News

Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s high, making bitcoin less profitable to mine. However, bitcoin mining is still profitable, in contrast

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Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH – Mining Bitcoin News

Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first day of the year, when the network’s hashrate tapped 219.5 EH/s. Bitcoin’s Hashrate Hits

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