A cryptocurrency is an example of a convertible virtual currency value which is recorded on substitute for real currency, has or any similar technology as virtual currency.
Those who understand this may not know where or on what form to report their mined cryptocurrency. Proof of Work � PoW Proof of Work PoW is a protocol originating new cryptocurrency units with miners solving a complex math problem to verify transactions of a particular blockchain network and proving their work. Amid the crypto boom, mining has become an extremely lucrative venture for many and critical to maintaining decentralized cryptocurrency networks.
