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Bitcoinist 2020-01-30 19:00:17

Bitcoin Cash Dev Tax Could Have Serious Impact on Bitcoin Mining

Miners claiming to represent the majority of Bitcoin Cash’s (BCH) hash rate intend to implement a plan to tax other miners in the community. Most remarkably, this tax could also affect all cryptocurrencies that share the SHA256 algorithm, including Bitcoin. Bitcoin Cash Miners to Be Subject to a 12.5 Percent Tax The plan, under the name of Infrastructure Funding Plan for Bitcoin Cash, is becoming a heated topic of discussion among the crypto community. TaxesRead More The post appeared first on Bitcoinist.com.

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