Cryptocurrency

Bitcoin & Cryptocurrency Mining Industry – June 2020 Update

Bitcoin & Cryptocurrency Mining Industry – June 2020 Update
I hope everyone enjoys this month’s Bitcoin halving special edition of our cryptocurrency mining update! We will be diving in to all the latest happenings from the Bitcoin & cryptocurrency mining industry. We will look at all a range of keys metrics from a variety of protocols with a particular focus on Bitcoin & what other cryptocurrencies are profitable to mine. Each month we will check on what hash rate is doing, what coins are profitable to mine for each type of hardware or machine, what news is shaping the crypto mining sector & how mining can help us determine the direction of the market. Join Will from Mining Store & I to chat all things crypto mining every month! #Bitcoin #Cryptocurrency #Mining

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Timestamps:
0:00 Initial discussion points
2:25 Instant asset write-off
4:00 Bitcoin hash rate analysis
6:40 BTC production rate
12:40 Summary slide of BTC production rate
12:55 Tax implications of mining cryptocurrency as a business
16:05 Types of business structures in Australia
19:00 Field Programmable Gate Array (FPGA) mining
20:00 Profitable Altcoins to mine for July 2020
22:30 FPGA mining FAQs

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❗ DISCLAIMER ❗

Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind.

Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.

The viewer should always:
1. Conduct their own research,
2. Never invest more than they are willing to lose,
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