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The Basics Of Bitcoin Mining

How are Bitcoins Mined?

Key Points Mining Bitcoin and other cryptocurrency takes equipment Adding to the blockchain increases cryptos Knowing what you need to get started is key Bitcoin has become the new gold rush over recent years and the basics of Bitcoin mining are remarkably similar to the gold rush, and also wildly different. Even though it is […]

How to Use a Self-Directed IRA or Solo 401(k) Plan to Invest in Cryptocurrency Mining

How to use an IRA to buy cryptocurrency

Cryptocurrency mining is the process by which transactions are verified and added to the block chain. Anyone with access to the Internet and suitable hardware can participate in mining. The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult mathematical solution. The miner who solves the mathematical solution gets […]

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Tax Strategies for 2024 & Beyond: How to Maximize Deductions and Minimize Penalties with Your IRA