Noob's Guide To Bitcoin Mining – Super Easy & Simple

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Some Helpful Links:

• Buy Parts for a Mining Rig:
• Download NiceHash Miner:
• Choose a Wallet:
• Coinbase:
• Luno (in SA):
• Kraken:
• Bitcoin.org:
• Download Claymore Dual Eth Miner:
• Download EWBF CUDA Zcash Miner:
• Profitability Calculators:



• Bitcoin News:
• Support UFD via Bitcoin: 1G5n6qFafWSYf8CZikZTXXcThpoxKeXK1K

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  1. You also acquire tax implications. It looks like there are two components – the increase in the value of Bitcoin from the day you earn it until the day you sell it (capital gains), and then the value of the Bitcoin on the day you earn it (earned income). So you need to keep logs of all that on a daily basis for your annual calculations. The danger of Bitcoin is that by the end of the year you might owe more in tax than the value of your stock of Bitcoin should the price of Bitcoin fall.

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