Mining Bitcoins can be very profitable for miners, depending on the current hash rate and the price of Bitcoin. As of mid-September 2021, the Bitcoin mining reward is capped to 6.25 BTC after the 2020 halving, which is roughly $299,200 in Bitcoin price today. A hard fork happens when an existing blockchain is divided in […]
Month: October 2023
Bookkeeping
Ledger Accounts Definition, Format, Types, & Advantages
By Tetrad Opus on October 19, 2023You should incorporate a GL into your business practices if you want up-to-date financial reports to secure small business loans, balance your books effectively, prepare for an audit, or accurately file your taxes. The best way to know if your general ledger is correct is to reconcile all entries then generate a trial balance to […]
Bookkeeping
Fintech Startup That Raised $100 Million From Investors Bessemer And Coatue Is Abruptly Shutting Down
By Tetrad Opus on October 5, 2023Nathan received his MBA in finance and international business administration from the University of Illinois, Chicago, and his B.S. In production and operations management from California State University, Chico. ScaleFactor’s closure is yet another symptom of the pandemic’s varying effect on venture-backed startups. Some technology firms that enable remote workforces to thrive — such as […]