IT’S A SUPERANNUATION CELEBRATION
It’s a SUPERANNUATION CELEBRATION and it is happening for the month of September ONLY. NGS Crypto, Australia’s leading and fastest growing cryptocurrency mining firm, is offering YOU the opportunity to join NGS Crypto with your superannuation without become a cash client first, and NO upfront costs or fees. NGS Crypto, believes in offering not only their members but also all those globally who want to invest in crypto mining the best experience that they can have. As the Superannuation season is upon us, take advantage of this limited time offer and enjoy benefits such as; FREE financial advice Minimum of …
WHAT SPORT STARS WOULD EARN IF PAID IN BTC
Being a sport star is considered to be one of the best jobs in the world, get paid to do something you love and you will never work a day in your life, as the saying goes. In recent months there has been a surge and flourishing interest from NFL players asking teams to ‘Pay Me in Bitcoin’. Russell Okung, a player for the Los Angeles Chargers is one player in particular who is a known Bitcoin advocate and has been consistently pushing for player’s multi million dollar salaries to be paid out in Bitcoin. Although this is yet to …
BITCOIN MINING TOPS $14 BILLION IN REVENUE
In recent data published by Coin Metrics, Bitcoin mining revenue has gone to an all time high breaking $14 billion, and miners are earning more than ever before. This time last year, the mining revenue broke $10 billion, and is on track to break $15 billion come early 2020. Since the end of 2017, the bitcoin hashrate has too exploded after the last Bull Run, which saw the price of Bitcoin hit historic highs of around $20,000. The hashrate rose from 15 exhashes at the beginning of 2018 to 60 exhashes come August 2018, and now it has reached even …
AUSTRALIA’S LEADING MINING FARM UPGRADING TO TOP OF THE LINE TECHNOLOGY
NGS Crypto, Australia’s leading digital currency mining firm, has announced earlier this week that they are currently in the process of installing liquid cooling to all of their mining machines. Liquid cooling, or also known as water-cooling, is top of the line technology due to its unmatched thermal performance. This means that all machines running through the NGS Blockchain now uses the best cooling system on the planet, which is the only cooling system which allows for successful heat removal from critical spots within the machine that air cooling cannot reach. This new technology is an exciting step forward for …
FAMILY OF 5 TRAVELLING THE WORLD COMPLETELY FUNDED BY BTC MINING
Meet the Taihuttu family; a family of five travelling the world for the last 2.5 years funded 100 percent by Bitcoin (BTC). In a recent interview conducted by cryptonews.com, Didi shared his story of how and why they made the decision to live and travel with his wife and three children, completely funded by BTC. When Didi’s father passed away in January 2016, he was burnt out from running two businesses and questioned his quality of lifestyle that he was sharing with his family. Didi, who entered the cryptocurrency mining arena in 2013, already knew of the benefits of mining …
AUSTRALIA COULD BE FORCED TO TAKE “UNCONVENTIONAL” METHODS TO SAVE THEIR ECONOMY – HOW YOU CAN SAFEGUARD YOUR FINANCES
The Reserve Bank of Australia (RBA) has exposed that in the very near future it could be forced into “unconventional” methods of trying to claim back the Australian economy and get it back on track. It has been suggested by the RBA that Australians, for the first time in history, could soon be paid to borrow money from the banks in order to stimulate and recover the economy. RBA Governor, Phillip Lowe, explained to the governments standing economic committee on Friday, that the bank was now considering “unconventional” approaches in order to get the country moving forward in a positive …
NEW ZEALAND CHANGES ITS LAWS – GET PAID YOUR INCOME IN BTC, LEGAL AND TAXABLE
New Zealand’s Tax Office, the Inland Revenue Department (IRD), has just announced that it is now legal to receive salaries paid in Cryptocurrencies, and they will be taxed accordingly. The new law was passed on June 27 2019 and will be in effect, at this stage, for three years from September 1st 2019. The new law falls under the Tax Administration Act 1994 (section RD 3), with the IRD publishing in their August Bulletin that an employee can be paid salaries in crypto assets as long as the payments are for services performed under an employment contract, are for a …
CHINA SET TO RELEASE THEIR OWN DIGITAL CURRENCY
After five years of extensive research, the People’s Bank of China (PBoC) has announced that its digital currency “can now be said to be ready.” PBoC Deputy Director Mu Changchun, who also states that the digital currency adopts Blockchain Architecture, made the announcement at the China Finance 40 Forum on August 10. The digital currency will operate on a two-tier system in order to cater to the nations “complex economy with a vast territory and a large population,” with the PBoC on the main higher level of operation and commercial banks operating underneath. This means that the system will convert …
AUS DOLLAR PLUMMETS TO A 10 YEAR LOW – HOW YOU CAN SAFEGUARD YOUR MONEY
The Australian dollar has plummeted to below 67 US cents for the first time in 10 years, and it could go even lower! This comes after the Reserve Bank of New Zealand followed in Australia’s shoes and unexpectedly slashed their interest rates. The cash rate was cut to a record low of one per cent, however, it was done very swiftly and dramatically. Commsec Chief Economist, Craig James, suggest that the Reserve Bank of New Zealand was worried about the nations slow economic growth pace as the United States continually engages in the Trade War with China. “Growing global trade …
BTC BULL, POMPLIANO, HAS OVER HALF OF HIS NET WORTH IN BTC
Anthony Pompliano, well-known and self-advocated Bitcoin Bull and founder of capital management firm, Morgan Creek, has stated in a recent interview with CNBC’s Squawk Box, that over half of his new worth is in Bitcoin (BTC). Pompliano, prior to the interview, explained why he believes NOT holding Bitcoin, as a part of a portfolio is irresponsible. “We’re now entering a position where its actually irresponsible for institutions to not have exposure to this asset, and the reason is their job is to find assets that actually can provide non-correlation to the rest of the markets, especially in times of global …
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