Questions tagged [mining]

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AmethystEcho AmethystEcho Tue Dec 24 2024 | 7 answers 1236

Is Bitcoin mining taxable in Canada?

I'm wondering if Bitcoin mining is considered taxable in Canada. I've been mining Bitcoin recently and I'm not sure if I need to declare it for tax purposes in Canada.

Is Bitcoin mining taxable in Canada?
Claudio Claudio Tue Dec 24 2024 | 6 answers 1473

Why does Bitcoin be mine?

I'm curious about why people mine Bitcoin. I understand it's a digital currency, but what drives individuals or groups to engage in Bitcoin mining? Is it purely for profit or are there other motivations?

Why does Bitcoin be mine?
CryptoAlly CryptoAlly Tue Dec 24 2024 | 6 answers 965

How safe is mining in Canada?

I'm wondering about the safety of mining in Canada. Is it generally considered safe? Are there any specific regulations or standards in place to ensure the safety of miners?

How safe is mining in Canada?
Andrea Andrea Tue Dec 24 2024 | 5 answers 960

Is mining XMR profitable?

I'm wondering if mining XMR, also known as Monero, is currently profitable. I want to understand if the process of validating transactions and adding them to the blockchain in exchange for new XMR coins is worth it economically.

Is mining XMR profitable?
Valentina Valentina Tue Dec 24 2024 | 6 answers 1599

Is mining in demand in Canada?

I'm wondering if mining is still a profitable and sought-after industry in Canada. Are there still opportunities for growth and employment in this sector?

Is mining in demand in Canada?

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