Cryptocurrency mining and Rebasing: Difference between pages

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imported>Doug Williamson
(Create page - source - Freeman Law - https://freemanlaw.com/mining-explained-a-detailed-guide-on-how-cryptocurrency-mining-works/)
 
imported>Doug Williamson
(Add links.)
 
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1. ''Cryptocurrency.''
1. ''Index numbers''.


Cryptocurrency mining is the validation of cryptocurrency transactions, rewarded by the generation of new coins for the miner.
In the context of index numbers, rebasing can refer to either:


- changing the weights in an index, such as an inflation index,


2.  ''Cryptocurrency - cybercrime.''
- changing the reference period of an index number series.


The unauthorised use of someone else's systems and electricity for this purpose.


The weights and the reference period may be changed at the same time.


==See also==
*[[Advanced Persistent Threat]]
*[[Botnet]]
*[[Council to Secure the Digital Economy]]
*[[Credential compromise]]
*[[Cryptocurrency]]
*[[Cyber security]]
*[[Cyber security: protecting your business and your clients]]
* [[Cybercrime]]
*[[Cybercrime – A Threat And An Opportunity]]
*[[Cyberthreat]]
*[[DDoS]]
*[[Malware]]
*[[Ransomware]]
*[[Robotics]]


[[Category:The_business_context]]
2. ''Tax.''
[[Category:Identify_and_assess_risks]]
 
[[Category:Manage_risks]]
In relation to tax, rebasing means re-stating the base value of an asset for tax calculation purposes.
[[Category:Technology]]
 
The re-statement would usually be upward, thereby reducing any potentially taxable gain calculated on any surplus over the base value.
 
 
== See also ==
* [[Assets]]
* [[Base value]]
* [[Capital gain]]
* [[Capital Gains Tax]]
* [[Corporation Tax]]
* [[Index]]
 
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 07:21, 4 March 2022

1. Index numbers.

In the context of index numbers, rebasing can refer to either:

- changing the weights in an index, such as an inflation index,

- changing the reference period of an index number series.


The weights and the reference period may be changed at the same time.


2. Tax.

In relation to tax, rebasing means re-stating the base value of an asset for tax calculation purposes.

The re-statement would usually be upward, thereby reducing any potentially taxable gain calculated on any surplus over the base value.


See also