Bitcoin Picks: GAWMiners Launches Grannyproof Miner, Canadian Salaries Go BC, Huobi Opens DigVC
Friday,05/09/2014|07:44GMTby
George Tchetvertakov
This week's Bitcoin highlights include Chris Jordan, Australian Tax Commissioner admitting to considering Bitcoins as legal tender and Canadian employers starting to pay their staff in Bitcoins.
CBC News has a reported a growing trend of Canadian employees having their salaries paid in Bitcoin.
Wagepoint CEO, Shrad Rao, says his firm launched the option last year but didn't expect much uptake. Yet employees from 10 different companies have signed up for the option and several more are inquiring about it. Some inquiries even come from the US, where the firm has not even launched such an option.
GAWMiners has launched its Hashlet miner offering, which seeks to make mining simple and affordable for even the non-tech savvy. Included in the offering is the Hashlet Solo for beginners, which is priced as low as $16.95, depending on the type chosen. The stated estimated payback period is 2-4 months.
Geniuses at Work (GAW) is branding the launch based on the theme of simplicity: The new units will make Crypto Mining “as easy to use as email” and are “grandma approved."
Australian Tax Commissioner: We May Consider Bitcoin as Money in the Future
Chris Jordan, Commissioner of the Australian Tax Authority (ATO), indicated that bitcoins may be considered as money in the future. At an inquiry last week, he reportedly commented on Bitcoin:
“There’s a definition in the Tax Act of money. It’s got to be the legal tender of a country. We can’t say it’s money. If this grows more and more maybe the definition needs to change.”
Huobi’s bitVC Launches “Fixed-term Financial Products” Backed by Mining Activities
Huobi’s bitVC has launched “Fixed-Term Financial Products,” called “digVC,” with a duration of 60 days. Also termed “The World’s First Hashing Power Mortgage," 2,000 subscriptions of 1 BTC each were made available. The advertised “interest rate” is 1.2% per month or 16% annualized, when compounded. The first 100 subscribers receive a 1.4% monthly rate.
Bitcoin Indonesia, iPaymu Join Forces to Allow Bitcoin Sales in 10,000 Convenience Stores
Bitcoin Indonesia has joined forces with payment processor, iPaymu, to allow customers to buy bitcoins in 10,000 Indomaret convenience stores.
Bitcoin activity has picked up in Indonesia over recent months, with Bitcoiners in the country seeking to turn its Bali island into a Bitcoin paradise via the Bitislands project.
CBC News has a reported a growing trend of Canadian employees having their salaries paid in Bitcoin.
Wagepoint CEO, Shrad Rao, says his firm launched the option last year but didn't expect much uptake. Yet employees from 10 different companies have signed up for the option and several more are inquiring about it. Some inquiries even come from the US, where the firm has not even launched such an option.
GAWMiners has launched its Hashlet miner offering, which seeks to make mining simple and affordable for even the non-tech savvy. Included in the offering is the Hashlet Solo for beginners, which is priced as low as $16.95, depending on the type chosen. The stated estimated payback period is 2-4 months.
Geniuses at Work (GAW) is branding the launch based on the theme of simplicity: The new units will make Crypto Mining “as easy to use as email” and are “grandma approved."
Australian Tax Commissioner: We May Consider Bitcoin as Money in the Future
Chris Jordan, Commissioner of the Australian Tax Authority (ATO), indicated that bitcoins may be considered as money in the future. At an inquiry last week, he reportedly commented on Bitcoin:
“There’s a definition in the Tax Act of money. It’s got to be the legal tender of a country. We can’t say it’s money. If this grows more and more maybe the definition needs to change.”
Huobi’s bitVC Launches “Fixed-term Financial Products” Backed by Mining Activities
Huobi’s bitVC has launched “Fixed-Term Financial Products,” called “digVC,” with a duration of 60 days. Also termed “The World’s First Hashing Power Mortgage," 2,000 subscriptions of 1 BTC each were made available. The advertised “interest rate” is 1.2% per month or 16% annualized, when compounded. The first 100 subscribers receive a 1.4% monthly rate.
Bitcoin Indonesia, iPaymu Join Forces to Allow Bitcoin Sales in 10,000 Convenience Stores
Bitcoin Indonesia has joined forces with payment processor, iPaymu, to allow customers to buy bitcoins in 10,000 Indomaret convenience stores.
Bitcoin activity has picked up in Indonesia over recent months, with Bitcoiners in the country seeking to turn its Bali island into a Bitcoin paradise via the Bitislands project.
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In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
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Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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In this Winner Spotlight, Johnny Khalil, Executive Director at Tickmill Europe, shares how listening closely to clients and delivering strong trading conditions made the difference.
A big thank you to the community whose support continues to drive progress every day.
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