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I am a tax attorney, here are my answers to the most ...

by dblcross121

Edit: On March 25, 2014 the IRS released Notice 2014-21 addressing the taxation of bitcoins. This post was updated on March 26, 2014 to reflect the IRS's positions contained in the Notice.

Last Edit: June 2017

Introduction

I've noticed a significant amount of uncertainty around here about the taxation of bitcoins. In effort to provide some guidance , I've compiled some of the...

ELI5: bitcoin mining (xpost in ELI5) • r/Bitcoin - reddit

by azotic

Ok so I've seen several places where bitcoin has been explained, but there is one thing about it that always seems kinda glossed over: mining. I know there have been other explanations on here but I'd like to throw in mine too. It seems either explanations are either too simple, saying that miners "solve a difficult math problem" or are too arcane, talking about such-and-such hash...

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