Author: dfmines

Cryptocurrency News and Public Mining Pools

Stock-To-Flow Creator “Relieved” After Bitcoin Price Plummets Below Trajectory

Bitcoin fell below $50,000 on Friday. The pioneer cryptocurrency is currently trading at around $49,405 at 11:10 GMT. Within the last 24 hours, the coin lost 8.9%, a massive loss to traders and investors. However, stock-to-flow models creator, PlanB, has said that he’s relieved that the coin has lost over 22% in just a week. […]

Daily Discussion – April 24, 2021 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read…
Read more

Bitfarms Partners With Foundry, Joins US Mining Pool, Fleet Expands by 2,465 Bitcoin Miners

On April 23, the publicly listed mining operation Bitfarms revealed a partnership with the Digital Currency Group (DCG) subsidiary Foundry Digital LLC. Bitfarms will be joining Foundry’s American mining pool and the two bitcoin mining firms have revealed the joint purchase of 2,465 Whatsminer M30S ASIC mining machines. Bitfarms Partners With Foundry’s US Operations At […]

Wallet Test

So I downloaded the Raven Core wallet, synced with block, sent a test transaction and all looks good. Now what I need to iron out is recovering future amounts from the wallet (it's on my PC) should anything happen to the computer. I have my 12 word seed phrase. By storing it in this wallet,…
Read more

Buying more!!!!

I hope I made the right decision. Buying the Dip!!! I got a feeling!! Ravencoin for the long haul!!!!!!! submitted by /u/UknowMikehawk [link] [comments]

PSA: Taxes DO NOT Work the Same Way With Crypto as Stocks… and Your Accountant Might Be Losing You Money

Edit: This applies to US taxpayers. Many tax accountants are treating crypto the same way they would stocks. Unfortunately, this is wrong, and if you've ever sold a coin at a loss then quickly bought back in… it REALLY matters. ​ With securities, if you sell at a loss then rebuy within 30 days you…
Read more

Staking on Ledger

Hello, relatively new to the crypto space. I only have about 5 ETH but I plan on accumulating more and holding long term. Would staking on the Ledger hardware wallet be a good idea or should I stake on an app like coinbase? Thanks in advance submitted by /u/yeetblaster666 [link] [comments]

I am thinking of buying ETH, I’ve never bought it before, what are the pros and what is to look forward to when owning ETH?

I’ve never bought a single ETH Token and well if I did it’d take a little bit before I can even afford to get 1 token. I’m just curious on what may be possibly in store for me in owning ETH. I currently own LTC only rn however I’ve been seeing ETH pop off a…
Read more

For long term gains, buy for tech and not hype

Stellar lumens is one of the cheapest and fastest ways to transfer money across the world with no middleman, banks across the world are using xlm to transfer millions cheaply and securely. Whilst this was previously expensive before crypto existed, with crypto this has become much cheaper. Nano is completely free and almost instant and…
Read more

Bitcoin funding rate flips negative after $48K retest — Was it a bear trap?

Bitcoin price is more than 20% away from its all-time high, but the current negative funding rate on BTC futures might give bulls a unique advantage.