I have been selling items on Amazon and file it under small business income. I also started bitcoin mining and was told that it should also be filed as small business income (which can deduct the mining equipment). Should I file these as two separate schedule Cs or just one?
Is it cost effective to mine bitcoins using Amazon's EC2?
I don't own a computer that can handle the processing required but I also don't quite understand the cost structure of EC2 or what goes into mining well enough either. Any help would be appreciated!
Hey there ! I need help regarding bitcoin nining on Amazon aws. First of all I have $4000 credits in my amazon aws account which will expire on 31st December 2017. I only have 13 days left.So I want to spend it as soon as possible. One of the profitable method is mining. So here's what I need , can anyone guide me to set all the settings to max so that I can exhaust my credits without spending any extra bucks. These settings https://image.prntscr.com/image/AFCHouNYRxiNYAHt1Vf4Cw.png Any help will be appreciated :)
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OK I know you young technical people will know all this already but I jsut found out bitcoin "mining" uses a shitton of electricity. Im not talking like oh some data center some where in nevada. I'm talking even bigger than amazon world computers. All this just to "make" farking bitcoins, what th
the hell are these people thinking? They act all young and hip. Probably a bunch of liberals want to save planet. Then they use all these computers (rows and stacked up high) JUST TO MAKE BITCOIN, This is in China. Im not stupid. I know that electricty to be made is using a shitton of coal and environment in China is pobably crappy as hell. What the hell is wrong with these bitcoiners? There sacred bitcoins.
Hey there ! I need help regarding bitcoin mining on Amazon aws. First of all I have $4000 credits in my amazon aws account which will expire on 31st December 2017. I only have 13 days left.So I want to spend it as soon as possible. One of the profitable method is mining. So here's what I need , can anyone guide me to set all the settings to max so that I can exhaust my credits without using extra bucks. These settings http://prntscr.com/hodw2r Any help will be appreciated :)
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