Simple Mining Insights
Welcome to Simple Mining Insights - Bitcoin made simple.

Is Bitcoin Bad for the Environment?

In the 15 years since Bitcoin was created, significant material has surfaced regarding the detrimental aspect of Bitcoin mining on the environment. Is Bitcoin really

What is a 51% Attack?

This article dives into the logistics of a 51% or majority attack. What is it exactly? Is it feasible? Who could accomplish it? How expensive

What is Tax Loss Harvesting?

Maximizing Tax Benefits with Bitcoin: Leveraging Wash Sale Rules in 2024 By Michael LaLuna, CPA and Partner at LaLuna, Cohen & Lampert, a NY

What is a Mining Pool?

The Bitcoin network involves miners using the SHA-256 hashing algorithm(a method for generating a unique, fixed-size string of letters and numbers from any input

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