Search found 10 matches
- Sun Dec 31, 2017 2:12 pm
- Forum: System support
- Topic: 2018 Taxes on Trades - Boooo
- Replies: 42
- Views: 26053
Re: 2018 Taxes on Trades - Boooo
Here is something which may be helpful to customers who are working on taxes. We may make a sticky notice of this in the future. ------------------- Our view is that mining pools rent computer systems from customers and pay customers for the usage time of those systems. We assign the computers the ...
- Sun Dec 31, 2017 10:36 am
- Forum: System support
- Topic: 2018 Taxes on Trades - Boooo
- Replies: 42
- Views: 26053
Re: 2018 Taxes on Trades - Boooo
I'm not an accountant or tax attorney, so take this for what it's worth. Here is what I've been doing since 2014. I use bitcoin.tax . They have 3 sections, Trading, Income, Spending. For Trading, I import my trade data from the trade API's to suck it off the respective exchanges. In 2016 I had over ...
- Tue Dec 26, 2017 4:49 pm
- Forum: System support
- Topic: is there a way to list or print up total earnings from prohashing
- Replies: 3
- Views: 2763
Re: is there a way to list or print up total earnings from prohashing
Not exactly the answer to the question, but I'm able to gather this data from the tax reporting software I use, bitcoin.tax . I mine into specific wallets that only receive inputs from mining activity. Then I add the addresses in the Income tab on the site and it will scrap earnings off the block ch...
- Thu Dec 21, 2017 8:17 pm
- Forum: News
- Topic: [Completed] IMPORTANT: Bitcoin payout solution
- Replies: 44
- Views: 30425
- Wed Dec 20, 2017 1:05 pm
- Forum: News
- Topic: Bitcoin payments policy changes
- Replies: 14
- Views: 10782
Re: Bitcoin payments policy changes
I would argue that I as a miner have not earned the coins until they are paid to my wallet. While they are sitting in prohashing they are just accumulating a invoiced balance. Similar to me working. Every day I go to work and accumulate some hours which entitles me to be paid. But until the check r...
- Wed Dec 20, 2017 9:33 am
- Forum: News
- Topic: Bitcoin payments policy changes
- Replies: 14
- Views: 10782
Re: Bitcoin payments policy changes
I would argue that I as a miner have not earned the coins until they are paid to my wallet. While they are sitting in prohashing they are just accumulating a invoiced balance. Similar to me working. Every day I go to work and accumulate some hours which entitles me to be paid. But until the check re...
- Wed Dec 20, 2017 8:04 am
- Forum: News
- Topic: Bitcoin payments policy changes
- Replies: 14
- Views: 10782
Re: Bitcoin transactions unconfirmed
Would a possibility be to give us the ability to convert to another coin for payment? Then if you could batch up these requests and move and exchange the BTC for LTC for example we could receive payment at a lower threshold. I suppose it's even possible there would be enough people in the prohashing...
- Wed Nov 22, 2017 11:12 pm
- Forum: System support
- Topic: Taxes - Clearing up some Questions (USA ONLY)
- Replies: 37
- Views: 24237
Re: Taxes - Clearing up some Questions (USA ONLY)
In case anyone finds it helpful I've been using https://bitcoin.tax/ since 2013 and have found it extremely helpful. For mining, you are able to point at the wallet address to indicate that the activity is for mining. My first year mining I didn't separate out my mining income, now I keep wallets e...
- Mon Nov 13, 2017 10:30 pm
- Forum: System support
- Topic: Taxes - Clearing up some Questions (USA ONLY)
- Replies: 37
- Views: 24237
Re: Taxes - Clearing up some Questions (USA ONLY)
In case anyone finds it helpful I've been using https://bitcoin.tax/ since 2013 and have found it extremely helpful. For mining, you are able to point at the wallet address to indicate that the activity is for mining. My first year mining I didn't separate out my mining income, now I keep wallets ex...
- Sun Jun 04, 2017 7:41 am
- Forum: System support
- Topic: Payouts not Executing
- Replies: 316
- Views: 183577
Re: Payouts not Executing
Hit the LTC threshold, payment did not go through this morning as usual.