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Cloud Mining Free =LINK= 2017 Tax Returns

In December 2017, the Texas State Securities Board halted investment offerings by a company soliciting cryptocurrency-based investments it promised would deliver annualized returns of 100 percent or more. This administrative order made Texas the first state to challenge a risky crypto-investment.

Cloud Mining Free 2017 Tax Returns

Bitcoin's meteoric increase from $1,000 at the beginning of 2017 to a high of more than $60,000 turned many early miners into overnight millionaires. These early successes drew miners into other altcoins, such as Litecoin and Dogecoin, where mining is more accessible and less saturated than the mature Bitcoin market.

Considering the constantly increasing costs of ASICs and GPU mining, cloud mining is quickly gaining traction. In cloud mining, miners can leverage dedicated mining facilities and mine cryptocurrencies.

(This kind of corruption is not a singularly Kazakhstani experience. In Kyrgyzstan, government officials have been linked to illegal bitcoin mining operations running in industrial free zones. The country shut down around 2,500 mining operations in late 2021.)

Be careful though, just like with many cryptocurrency exchanges, you have to do your own due diligence with the platform you are utilizing to make sure it is legitimate. There are a lot of scammers in the space that try to take advantage of newcomers and unsuspecting investors. Below we outline some of the best cloud mining options currently available.

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