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How Much Do Esports Players Make? Video games have never been thought of as a viable source of income by many people. Nevertheless, plenty of professional esports players earn respectable wages, and some make millions. Some of these esports players earn money from tournament prizes and are approached by organizations who want to sponsor them. Esports tournaments and prize money awarded during certain events can impact how much these gamers earn in the same way they do in…
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How To Prove Gambling Losses (U.S. Taxes) Whether you gamble occasionally or earn a living from it, you should know the tax implications. People believe that winnings do not need to be reported since they are winnings, but this could not be further from the truth. Many people understand the importance of reporting winnings but are unsure how to prove their gambling losses to the IRS. Proving gambling losses to the IRS for tax purposes is much simpler than many people believe…
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When Should You Sell Bitcoin? Many people have decided to invest in Bitcoin in recent years. As a result of more people buying Bitcoin, the price of Bitcoin has gone up a lot in recent years. In November of 2021, Bitcoin reached its highest price ever of $68,000. This continued to drive people to invest in the cryptocurrency. https://money.cnn.com/infographic/technology/what-is-bitcoin/index.html However, once people invest their money in Bitcoin they often wonder when they…
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What is Railgun and How is it Transforming Privacy? For those who keep up with the news, Railgun has been everywhere, even making it to the mainstream media. So what is this protocol exactly? And what does it mean for the future of privacy in cryptocurrency? Railgun is a cryptocurrency privacy protocol giving a user absolute privacy during their transactions. Not only does it shield transaction information, but also all activity as a user interacts with the blockchain.…
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The Solana Network Hack: What Happened and What’s Next There are so many good aspects of cryptocurrency. It allows people to take back control of their finances, which the government has had control of for years. But with increased decentralization, there comes an increased price to pay—lower levels of security. On February 2, 2022, the Solana blockchain was hacked via The Wormhole, which is an app built on top of the blockchain as a bridge to other blockchains. The hacker…
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Who Owns the Most Bitcoin? Bitcoin has gained popularity since its emergence in 2009 and is now one of the most valuable and successful digital currencies available today. Due to its low transaction fees and lack of government regulation, many investors have purchased Bitcoin over many other options. Which leads people to wonder, who owns the most Bitcoin? If you spend enough time on the internet reading about Bitcoin, you probably know that there are people who boast about…
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When Did Esports Start? Many people think that Esports has come up only recently, and because of the recent rise in popularity, it seems that way. Between the high-tech tournaments and the streaming on platforms like YouTube and Twitch, gamers everywhere have come together to see what it takes to be one of the best. But when did Esports actually start? The Esports gaming industry may look quite a bit different these days with all of the advances in technology, but gaming…
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What Does the Bible Say About Gambling? When it comes to gambling, there always has and probably always will be some debate about whether it is right or wrong. While those who gamble will say that there is nothing wrong with the activity, many others give Biblical reasons why it is wrong. But what does the Bible actually say about gambling? The truth is that the Bible does not directly say anything about gambling and whether you should participate in it or not. It does,…
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How Old Do You Have to Be to Buy Cryptocurrency With the growth that cryptocurrency has seen in recent years it is no wonder that more and more people want to start investing in it. This has raised many questions about how old you have to be to start investing in cryptocurrency. Many of you out there might be in your late teens or early twenties wondering whether or not you can start investing in crypto. If you are interested in investing in cryptocurrencies, but are not…
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The Suspected Couple Behind the Bitfinex Hack Arrested In the cryptocurrency world, hacks are commonplace. It seems like every day you hear of another hacker getting ahold of thousands or millions of dollars because of some sort of blockchain or platform weakness they are able to take advantage of. In most cases, these hackers are never caught and the stolen funds are never recovered. https://www.mintdice.com/blog/the-solana-network-hack-what-happened-and-whats-next…
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Why Is Gambling Legal? Whether it is your opinion that gambling should be legal or not is a personal preference that has been debated for years. While some people believe that it should be legal for the benefits it provides to local communities and governments, many others think that the risks of addiction are too high of a price to pay for a little fun. https://www.mintdice.com/article/responsible-gaming-with-mintdice Gambling is legal in many countries around the world and…
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How to Use a Bitcoin ATM Since Bitcoin is just a form of virtual currency, it makes some sense that there are Bitcoin ATMs in existence. Being able to use a Bitcoin ATM is a fast way to buy and in some cases sell your Bitcoin. Although this is not recommended, it is still something that is available to you should you need it. https://www.mintdice.com/blog/how-does-bitcoin-gambling-work The steps for using a Bitcoin ATM are not very complicated. If you are interested in…
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How Much Tax Is There on Lottery Winnings? Many people play the lottery regularly dreaming and hoping that someday they might hit it big. The dreams of fancy houses, cars, or finally being out of debt can drive people to purchase lottery tickets week after week. But many people often wonder just how much tax there is on their lottery winnings. While winning big in the lottery can be exciting, the thought of having to pay taxes on your winnings can be overwhelming and…
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How to Buy Altcoins The rise and growth of cryptocurrencies like Bitcoin and Ethereum have allowed for other alternate coins to also grow in price and popularity. You might already know what altcoins are, but you have no idea how or where to buy them. https://www.investopedia.com/terms/a/altcoin.asp You are not alone in this, and luckily the answer to your question is extremely simple. If you are wondering how and where you can buy altcoins, then you should continue reading…