Litecoin Miner
@litecoining
Litecoin mining and trading news.
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There's a slight problem no one is acknowledging regarding the plan for the US Federal Government to HODL all 200,000 BTC in its possession: 95,000 BTC from that stash rightfully belongs to @bitfinex.
That's awkward.
The amount of Tether FUD that's circulating today is astonishing. It's perhaps even worse than 2017. This suggests to me that someone wants to build a significant #Bitcoin position without moving the market too much.
The U.S. Internal Revenue Service (IRS) has published its first guidance in 5 years for calculating taxes owed on #cryptocurrency holdings. coindesk.com/the-irs-just-i…
I recently got hold of a presentation given to special agents in the IRS Criminal Investigation division that discussed investigating taxpayers who hold crypto. I went through all of the 181 horribly formatted slides (attached for reference haha) and here's what I learned...
Finally a media article touching on the elephant in the room: Ethereum has become highly centralized. #infura coindesk.com/the-race-is-on…
Understanding Lightning Network using an Abacus medium.com/@kingonly/unde…
"Litecoin Emerges as the Next Dominant Dark Web Currency" recordedfuture.com/dark-web-curre…
South Korea justice minister, Park Sang-ki: Ministry is drawing up a bill that would include the complete shutdown of virtual currency exchanges, adding that trading in the tokens "has started to resemble gambling and speculation." Plan is not final.
If you try to push a Bitcoin miner under the bus for mining, don't be surprised if other miners see it as a threat, rather than a favor.
1/ If true, this is a HUGE development in the Bitcoin scaling debate.
It seems Maxwell figured out why @JihanWu opposes SegWit: he's secretly mining with incompatible, patented hardware: mail-archive.com/bitcoin-dev@li…
For SegWit to lock in, we will need 75% signaling blocks in a 2 week period. We are on period 5. See segwit.co/ltc for details.
"people who use #bitcoin in small amounts, such as to buy a meal, could face onerous record-keeping issues." blogs.wsj.com/totalreturn/20…
IRS to #Bitcoin (and other cryptocurrencies) Holders: Pay up zerohedge.com/news/2014-03-2…
#Litecoin did even better in 2013. RT @tuurdemeester: Balaji Srinivasan: "Bitcoin has outperformed Berkshire Hathaway by a lot" @coinsummit
Dubbed the “Titan”, #KnCMiner claims that each unit will be capable of mining scrypt-based coins at a rate of at least 100Mh/sec.
KnCMiner has begun accepting pre-orders for their first #ASIC scrypt-based mining rigs. kncminer.com/products/titan
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