Saturday, May 16, 2020

SwissBorg Earn Bitcoin Predict, learn and earn Bitcoin with zero risk!

SwissBorg is a fintech based in Lausanne Switzerland. Having raised $50M with its ICO in 2018, SwissBorg is building a crypto wealth management platform.

https://preview.redd.it/1g06767a35z41.png?width=1177&format=png&auto=webp&s=07ad5c4078cb8d62deb6ef40094717fa04a55f88

What if you could get 2 airdrops in 1 app? Play and enjoy this bitcoin app along with more than 40K community members. Here are just some of the benefits you get by downloading this not-for-profit SwissBorg Community app:

Earn Bitcoin: The prize pool for this app goes up to $500,000 worth of BTC shared among 20,000 of the most active users.– Earn SwissBorg tokens by playing and unlocking badges. Up to 1750 CHSB tokens per player.– Refer other people to earn points to increase your total ranking.

Step-by-Step Guide:

Download the SwissBorg App for Android/IOS.

  1. Register an account and use the special bonus code “G6NHTVI” to receive 3,000 points.
  2. Play & predict: Earn your share of up to $500,000, in Bitcoin (BTC).
  3. Unlock achievements and collect badges to earn 50 CHSB tokens for every level you reach.
  4. Share: Get your referral code from the app and you (and the referee) earn 3000 points when your friends sign up with your code.
  5. The more points you have, the higher rank you get and therefore the bigger the prize you will receive when the airdrop is over.

When making a forecast you are betting with points. Points do not have any value but they help you to get a higher rank. Points cannot be traded on exchanges or sent from one account to another.



Muggles Guide to the Bitcoin

https://twitter.com/i/status/1261445010832015361

ATO thinks Mining is different to Staking

I am trying to contact the ATO through their early engagement process. They recently updated their tax treatment for crypto currency taxation, however they are using incorrect definitions of mining.

https://community.ato.gov.au/t5/Cryptocurrency/staking-is-mining/td-p/71201
Really, Proof of Stake and Proof of Work are just different models in how to allocated the 'right' to mine a block.

A miners is someone who downloads the blockchain and adds block to it and are rewarded for this work. Its a general concept.

A Proof of Stake miner is given the right to mine 10% of the blocks if they are staking 10% of the coins. A Proof of Work miners is given the right to mine 10% of the blocks if they control 10% of the networks computational power.

However ATO treats POW Mining and POS Mining ( Staking ) differently. There is no hobby exemption for staking and it looks like you need to declare rewards as ordinary income - similar to if your are in the business of mining. Its not clear if you can deduct cost to run the full node and other expenses.

This guide, by koinly treats them properly.

"taxation will be different depending on whether you're mining as a hobby or are operating a crypto mining business. In order to determine whether you are mining crypto as a business, check out this section of ATO's website."

https://koinly.io/guides/crypto-tax-australia/

The ATO's as basically defining a car as a mode of transport powered by an internal combustion engine.

I hope, people can convince them to use the correct definitions - because treating staking like a business will basically mean its advantages to run the staking software on the cloud instead of your home computer so its easier to deduct costs from the staking 'income'. Calculating the market value for all rewards as they come would need to be automated by software and its not something you can do by hand... Its far easier to allocated all the rewards with a zero cost base and forget deducting costs ( which is allowed for hobby mining )

Its stupid to avoid doing something you want to do just because of the tax burden..



Simple guide for buying on onions

First of all you will want to get tails. You need to download it and flash it onto an empty USB key, you’ll need 8gb. Tails is a different OS, that hides you MAC address and pings your IP around the globe, 100x safer than a VPN and tor.

Next you’ll want to buy bitcoin. The simplest way for most people is using localbitcoin, coinbase etc. Bitcoin IS traceable, but unless your buying big amounts it is not worth anyone’s time or effort to trace your transactions. But, to be on the safe side, always tumble your bitcoin into an encrypted wallet. Usually tails comes with an electrum wallet so set that up and get your bitcoin into that before continuing.

Now that you have tails, and your bitcoin, you can proceed to buy. Open up tor on tails and go to dark.fail . Here you will see a list of verified markets. Pick whatever market and whatever product you’d like, create an account for that marketplace and proceed to checkout. Some require PGP keys and stuff like that but the ones that do usually show step by step how to do this and you won’t have an issue following it.

That’s about it basically, wait for your package and enjoy. This is only a rough guide, but I hope it helps those struggling with lockdown.



SwissBorg Earn Bitcoin Predict, learn and earn Bitcoin with zero risk!

SwissBorg is a fintech based in Lausanne Switzerland. Having raised $50M with its ICO in 2018, SwissBorg is building a crypto wealth management platform.

https://preview.redd.it/295irkmkp4z41.png?width=1177&format=png&auto=webp&s=e8b9bbef61cebec236749872827aa879706f9d8f

What if you could get 2 airdrops in 1 app? Play and enjoy this bitcoin app along with more than 40K community members. Here are just some of the benefits you get by downloading this not-for-profit SwissBorg Community app:

Earn Bitcoin: The prize pool for this app goes up to $500,000 worth of BTC shared among 20,000 of the most active users.
Earn SwissBorg tokens by playing and unlocking badges. Up to 1750 CHSB tokens per player.
– Refer other people to earn points to increase your total ranking.

Step-by-Step Guide:

Download the SwissBorg App for Android/IOS.

  1. Register an account and use the special bonus code “G6NHTVI” to receive 3,000 points.
  2. Play & predict: Earn your share of up to $500,000, in Bitcoin (BTC).
  3. Unlock achievements and collect badges to earn 50 CHSB tokens for every level you reach.
  4. Share: Get your referral code from the app and you (and the referee) earn 3000 points when your friends sign up with your code.
  5. The more points you have, the higher rank you get and therefore the bigger the prize you will receive when the airdrop is over.

When making a forecast you are betting with points. Points do not have any value but they help you to get a higher rank. Points cannot be traded on exchanges or sent from one account to another.



ШОК!! Обзор самой крупнейшей Майнинг Фермы в России! 2020 🚀

https://youtu.be/iGXgj-EX0qI

Сегодня мы отправляемся в один из самых мощнейших дата-центров России, который по совместительству является и майнинг фермой.Она входит в десятку крупнейших в мире по версии Блумберг! Она находится в небольшом городе по среди тайги, в почти 1000 км от краевого центра. Приятного просмотра.

#Майнинг #Криптовалюта #Bitcoin

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