Annoucement BeEasy:
What is waiting for the mining in the near future?
Mining with GPU will live long.
Although Vitalik Buterin says that the PoW algorithm is too expensive and requires a lot of energy, the transition to PoS and the termination of GPU mining will take up to 5 years.
Mining with GPU will remain in demand for other cryptocurrencies such as Zcash, Monero, and others. It means that the process will continue to be in demand and relevant in the future.
The number of "on a turn-key basis" farms for sale is growing.
The popularity of cryptocurrencies is growing, many of people are showing interest in mining. Statistics show that the number of announcements on open sources grew by 2-3 times compared to the previous year. Beginners should consult a professional miner for advice when they choose the mining equipment on the announcement boards.
New laws.
The news about the regulation of cryptocurrencies in different countries is updating every day. Some states impose high taxes on income received by transactions with cryptocurrencies: for example, Thailand "requests" to pay 7% value-added tax (VAT) and 15% tax on investment income. On the contrary, Russia has a drafted law, which provides industrial miners a tax holiday for two years. Mining will develop more intensively in states with loyal taxation and cheap electricity. Blockchain startups will migrate to states with simple and understandable regulation.
Cloud mining.
Cloud mining allows you to forget about the difficulties met by individual miners. Questions of regulation, technical support, and work are handled by a professional team. The payback period of investments is less than domestic mining farm. Most beginners choose that such method of mining cryptocurrency. As practice shows, cloud mining has great prospects and develops fast.
BeEasy represents the working module easypool.me, which provides access to mining in one click. The main task of the application is to make mining simple and understandable for any person. All services are paid at special terms by using ETKN token.
Try mining with BeEasy!
If this is a legit information, the tax will hurt so much. But it will help to legalized every investment and credibility of every cypto mining industry. But the bad side is, the profit will be divided with the government share. I expect this , but not sooner like this one.