#Bitcoin mining can be a confusing industry, filled with technical jargon and high-tech equipment. That’s why #Wattum has created an extensive guide to illustrate how mining works, the risks and legalities of Bitcoin, and how to get started.
From equipment sales to hosting, #Wattum has everything you need to get started with Bitcoin mining today. With an expert on your side, it's easier to make the most of this booming industry.
From equipment sales to hosting, #Wattum has everything you need to get started with Bitcoin mining today. With an expert on your side, it's easier to make the most of this booming industry.
Amazon, the fourth largest company in the world, is making moves towards #crypto adoption and is looking to hire a digital currency and Bitcoin expert. While this doesn’t necessarily mean they’ll be accepting #Bitcoin as payment in the coming months, it’s a huge step in the right direction.
Adoption from large companies such as #Amazon and Apple would cause global acceptance to skyrocket, and may be what Bitcoin needs to hit a $100,000 milestone (or $500,000)
Adoption from large companies such as #Amazon and Apple would cause global acceptance to skyrocket, and may be what Bitcoin needs to hit a $100,000 milestone (or $500,000)
A lucrative country for #Bitcoin mining, a significant number of Bitcoin miners took the initiative to get in on the action and make the most of the cheap electricity and #crypto-friendly government that Kazakhstan had to offer. However, this popularity has since caused the grid to overload, resulting in multiple disruptions to #mining operations in the region. With randomized outages expected to last until March 2022, #Wattum has taken the initiative to provide customers with alternative options to avoid any further inconsistencies in their mining, and continues to monitor the developing situation. Get in touch with us to learn more today.
Cryptocurrency mining generates two separate taxable events – once when you generate a new cryptocurrency token, and again when you sell it.
Miners who understand how to distinguish between these two events on their taxes can save considerable amounts of money by deducting the appropriate expenses and optimizing their revenue. Learn how the IRS taxes mined cryptocurrency assets and how to streamline income reporting.
Miners who understand how to distinguish between these two events on their taxes can save considerable amounts of money by deducting the appropriate expenses and optimizing their revenue. Learn how the IRS taxes mined cryptocurrency assets and how to streamline income reporting.
With Bitcoin prices soaring and the mining industry booming, many are wondering if investing in crypto mining hardware is still the right move. While most assets have a fairly standard depreciation curve, #cryptocurrency miners, just like exotic cars, challenge the way we think about depreciation and have proven to be a savvy investment. With so many equipment choices on the market, #Wattum aims to shed light on the miners that will give #crypto enthusiasts the best value for their money and the highest #ROI over time. Further, buying resale from trusted partners like #Wattum may in fact be the best decision amidst current developments in the crypto industry. Get in touch with us to learn more today.
President Biden’s $1 Trillion infrastructure bill is on track to be passed by the end of October, and included in it were some frightful provisions regarding the #crypto industry. The legislation proposed that all crypto “brokers” report all transactions to the government, which is a fair rule to make.
Unfortunately, the description of brokers was so vague that it included any person providing any type of digital transfer or service. Transactions for Bitcoin and most leading cryptocurrencies are already available publicly via the blockchain, and the passing of this bill without amendment could have very negative effects on the future of crypto in the U.S.
Many influential figures, including billionaire Mark Cuban, have spoken out against the bill. While the future of crypto is still uncertain, government acceptance and regulation is a necessity for full adoption, and as the saying goes, “any publicity is good publicity”.
Unfortunately, the description of brokers was so vague that it included any person providing any type of digital transfer or service. Transactions for Bitcoin and most leading cryptocurrencies are already available publicly via the blockchain, and the passing of this bill without amendment could have very negative effects on the future of crypto in the U.S.
Many influential figures, including billionaire Mark Cuban, have spoken out against the bill. While the future of crypto is still uncertain, government acceptance and regulation is a necessity for full adoption, and as the saying goes, “any publicity is good publicity”.
Movement of #Bitcoin mining operations around the world has been very active in the past several months, with more and more countries trying to get as much of the total Bitcoin #hashrate share as they can. #Texas has attracted attention as the next mining hub due to several factors, including welcoming state lawmakers and an abundance of natural gas, wind power, and growing #solar power technology. #Wattum has committed to building a 100MW site as well as an on-the-ground team in order to service the north, east, and western regions of the state. Get in touch with us today to learn more.
Bitcoin mining is an innovative field that is constantly evolving and diversifying - this diversification can actually be used as a helpful tool to mitigate unforeseen developments in your #mining operations. As the industry gains recognition and becomes more saturated, mining opportunities around the world have expanded, but also run the risk of becoming overcrowded. #Wattum can provide alternatives with a global portfolio of mining locations; understanding the risks of mining operations before you get into mining #Bitcoin can help you avoid stress, downtime, and is possible through an informed partner like Wattum. Get in touch with us today.
To make this Black Friday memorable choose your wallet for payment options. Wattum hopes that your crypto wallet gets filled with all your desired coins this Black Friday. Don't forget to begin your holiday shopping season by buying a Bitcoin.
https://wattummanagement.com/wattum-specials/
https://wattummanagement.com/wattum-specials/
With the rising threat of #hyperinflation, more money is being invested into non-depreciating assets such as real estate, gold, and most notably, #Bitcoin. Inflation can have catastrophic effects on consumers, devaluing their savings through a large decline in purchasing power.
Many billionaires, among others, have been placing their trust in Bitcoin this year as a hedge against potential inflation. With this “smart money” going into Bitcoin for the long term, Bitcoin #mining through #Wattum could be the hedge against inflation that you are looking for.
Many billionaires, among others, have been placing their trust in Bitcoin this year as a hedge against potential inflation. With this “smart money” going into Bitcoin for the long term, Bitcoin #mining through #Wattum could be the hedge against inflation that you are looking for.
On November 9th, 2021, the world of #BitcoinMining came together to kick off the World Digital Mining Summit in Dubai, UAE, organized by #Bitmain. As the world’s largest producer of #cryptocurrency, Bitmain facilitated a weekend of exciting discussion with some of the most prominent mining and energy companies in the world, and unveiled the new #AntminerS19XP.
As global #hashrate share continues to disperse, Russia has risen to hold nearly 14%, occupying a majority of the #colocation and build out conversation at this year's summit. The success of the event paired with the unveiling of a new Antminer model continues to spotlight the long future of #Bitcoin and cryptocurrency that awaits.
#Wattum is excited to be a part of this future, and we look forward to diversifying our service offerings of colocation hosting and management. Get in touch with us to get started today.
As global #hashrate share continues to disperse, Russia has risen to hold nearly 14%, occupying a majority of the #colocation and build out conversation at this year's summit. The success of the event paired with the unveiling of a new Antminer model continues to spotlight the long future of #Bitcoin and cryptocurrency that awaits.
#Wattum is excited to be a part of this future, and we look forward to diversifying our service offerings of colocation hosting and management. Get in touch with us to get started today.
We have miners on miners on top of more miners.
#wattum #bitmain #antminer #s19 #crypto #mining #btc #cryptocurrency #hosting #cryptomining #passiveincome
#wattum #bitmain #antminer #s19 #crypto #mining #btc #cryptocurrency #hosting #cryptomining #passiveincome
As #Bitcoin and other cryptocurrency prices have skyrocketed over the last month, the combined #crypto economy has managed to surpass $3 trillion USD as of November 8, 2021. The overall value of these crypto-assets currently in existence is larger than #Microsoft’s market valuation, at $2.52 trillion, and Apple’s $2.47 trillion market cap. Moreover, the crypto economy’s valuation grew 169.23% faster than Microsoft’s current market cap and 215% faster than even Apple’s valuation growth. Only the internet itself has grown at a comparable speed and size.
As Bitcoin and the crypto economy in general are expected to continue growing and hit all-time highs, there has never been a more lucrative opportunity to kickstart your mining operations with #Wattum. Get in touch with us today.
As Bitcoin and the crypto economy in general are expected to continue growing and hit all-time highs, there has never been a more lucrative opportunity to kickstart your mining operations with #Wattum. Get in touch with us today.
Smart technology is one smart decision away: The Wattum Crypto Container is a mobile #miningfarm that offers mobility and cost-efficiency in mining like never before.
Being able to control and monitor an entire #mining environment on your own without having to seek out a suitable location, lease or think about additional construction is a dream that we can finally make a reality for our customers. Get in touch with the #Wattum team today.
Being able to control and monitor an entire #mining environment on your own without having to seek out a suitable location, lease or think about additional construction is a dream that we can finally make a reality for our customers. Get in touch with the #Wattum team today.
With our miners, bitcoin mining is easier than ever.
#wattum #miningbitcoin #asicminers #farmingbitcoin #bitcoin #hosting #cryptomining
#wattum #miningbitcoin #asicminers #farmingbitcoin #bitcoin #hosting #cryptomining
The harsh regulations imposed by the Chinese government this year have caused a major migration of #hashrate from the country. Difficulty has since recovered from the drop as various regions find a home for the migrating hashrate, with Texas gaining attention as a new #Bitcoin mining hub in the U.S. due to its relatively lax energy regulations and bountiful power sources. North America has many key benefits for mining, including legal accountability for business stakeholders, #crypto-friendly regulations, and high-quality facilities. If you are looking for equipment or hosting availability, #Wattum has you covered from North America all the way to Russia. Get in touch with us today.
By the end of the year, Wattum will be expanding their #Bitcoin mining hosting services to a new North American location-based in Niagara Falls, #NewYork.
"Wattum’s move into Niagara Falls is indicative of our team's hard work, but also of the strong relationships we continue to build with innovators throughout our industry," says Wattum CEO, Arseniy Grusha, of the company's latest move.
#Wattum will be moving into Niagara Falls with 5MW by the end of 2021, with projected growth of an additional 50MW per month thereafter.
"Wattum’s move into Niagara Falls is indicative of our team's hard work, but also of the strong relationships we continue to build with innovators throughout our industry," says Wattum CEO, Arseniy Grusha, of the company's latest move.
#Wattum will be moving into Niagara Falls with 5MW by the end of 2021, with projected growth of an additional 50MW per month thereafter.
Not only has the world’s first #cryptocurrency turned 13 years old as of October 31, 2021, but #Bitcoin is officially up by 112% this year so far. With industry gurus predicting Bitcoin’s $100,000 milestone price by year’s end, entering the world of #crypto mining now could greatly pay off, and could turn miners parabolic very soon. However, due to the increase in demand, many leading mining equipment providers are short of supply for mining hardware and related equipment. Fortunately for #crypto enthusiasts worldwide, #Wattum is a great resale resource for premium used miners and mining equipment that will arrive soon in great condition, and get you mining even sooner. Get in touch with us to learn more today.
Bitcoin may be somewhat correlated with the stock market, but its long-term trend has always been to the upside. With many significant investors considering #Bitcoin to be a high-risk asset, a sell-off in the stock market can naturally be accompanied by a sell-off in Bitcoin. #Wattum works with #miners to ensure that their operations maximally benefit them when upward price movements take place, and that their operations are resilient to drops when they do occur. Get in touch with us today to learn more.