Etchash has become one of the most popular mining algorithms after it was transitioned from Ethash with a few upgrades and modifications. Because Ethereum Classic is the most valuable cryptocurrency that uses the ETChash algorithm, many miners have been interested in fighting for the available mining incentives.

The continued existence of blockchain networks depends on miners’ involvement, who get compensation in the form of cryptocurrency for their efforts. Although mining cryptocurrencies might be profitable, how is the ASIC crypto mining taxed?

You can evaluate your tax requirements for mining cryptocurrencies with this tutorial. It’s critical to understand how cryptocurrency mining is taxed if you currently mine cryptocurrency.

Bitcoin mining is a more prominent name because of how it has performed over the years. Previously, it was said that Bitcoin mining would be one of the most lucrative and efficient. Today, those statements are factual because they bring such great results to the miners that almost everyone has Bitcoin in their crypto portfolios.

Bitcoin Mining Council is another name in the ever-changing landscape of Bitcoin mining, which has performed an essential role in uplifting the industry and creating awareness amongst the miners by sharing reliable reports every year. In this blog, we will get into the depth of the Bitcoin Mining Council and its role in the mining industry.