Sentences with phrase «value of the currency mined»

Develop software to optimize mining activity (maximizing yield related to quantity, and value of the currency mined)

Not exact matches

Crypto - currencies generate value through a process called «mining,» which involves the computation of complex mathematical formulas.

For advocates of bitcoin and the other cryptocurrencies surging in value, the gold may be in the shares of the companies that produce the computer processors and chips used to create the digital currencies in the process that's become known as mining.

In the early 2000s, Record championed currency as a separate asset class for its clients to invest in... nothing like the barrow boy approach to FX trading, rather a systematic medium / long - term approach to mining excess returns from currency markets, via the Forward Rate Bias (the tendency of higher interest rate currencies to outperform lower rate currencies — i.e. the carry trade), and other strategies (like value & momentum).

A-8: Yes, when a taxpayer successfully «mines» virtual currency, the fair market value of the virtual currency as of the date of receipt is includible in gross income.

The shaky economy has caused gold prices to shoot up to over $ 900 per ounce - even though 85 percent of gold mined these days goes to jewelry, and there's no «gold standard» backing currencies, gold is considered a valued commodity in economic downturns.

With cryptocurrencies becoming all the rage in the high - tech underworld in recent years — one of the best - known ones, bitcoin, saw its value rocket all the way to $ 20,000 per coin in December — mining server farms have created a strain on the electrical grid, forcing those who are looking to mine for decentralized digital currencies to commandeer sources that are not their own through a practice called «cryptojacking.»

If they could make a new currency and get in on the ground floor when it can be easily mined, they can sell it after it takes off in value and make a bunch of money.

When a taxpayer successfully mines virtual currency, the fair market value of the virtual currency generated as of the date of receipt is includable in gross income.

Crypto - currencies generate value through a process called «mining,» which involves the computation of complex mathematical formulas.

RBC Capital's Mitch Steves returns with another missive about Nvidia's role in «mining» crypto - currencies, such as Ethereum; that market's value to Nvidia in terms of GPU sales has effectively risen by $ 100 million, or 25 %, in the last 11 days, he estimates.

Bitcoin and ether prices both climbed during the first half of this year, as a number of factors - including rising adoption, yuan devaluation, the «Brexit» and anticipation surrounding the halving of bitcoin's mining reward - helped the two digital currencies rise in value.

A-8: Yes, when a taxpayer successfully «mines» virtual currency, the fair market value of the virtual currency as of the date of receipt is includible in gross income.

She does acknowledge the «strong allure» of peer - to - peer transacting and how «unlike fiat currency, its finite supply and purposeful constraints on the pace of «mining» make it attractive to many as a store of value, similar to gold.»