Bitwave for Crypto Mining

One-Click Mining Revenue & Expense Recognition

Bitwave automatically categorizes transactions and books your mining revenue and expense transactions with customizable rules.

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Used by Top Crypto Mining Firms

Features

Recognize mining revenue easily and quickly icon showcasing a crypto mining pickaxe and crypto nodes

Optimized Tax Strategies

With every cryptocurrency transaction, you are making a tax decision. Bitwave helps set the optimum tax strategy, supporting LIFO, FIFO, and more complex accounting methods like specific identification and average cost.

Recognize mining revenue easily and quickly icon showcasing a crypto mining pickaxe and crypto nodes

Advanced Accounting with Impairment

Bitwave keeps track of your digital asset inventory with customizable treatments such as US-GAAP, fair-value accounting, impairment, and IFRS.

Recognize mining revenue easily and quickly icon showcasing a crypto mining pickaxe and crypto nodes

Automated ERP Reconciliation

Bitwave automatically categorizes transactions and pushes transactions to the appropriate account in your ERP/GL.

Recognize mining revenue easily and quickly icon showcasing a crypto mining pickaxe and crypto nodes

Reporting and Audit Readiness

Generate detailed gain/loss, impairment, and digital asset balance sheet reports for audit and reporting purposes.

Integrations

Accounting Software

Bitwave seamlessly integrates with leading accounting platforms, including QuickBooks, NetSuite, Sage Intacct, and Xero.

Blockchains

Bitwave supports tokens on the Bitcoin, Ethereum (All ERC-20 tokens + Layer 2), Solana, NEAR, and more. We are constantly adding support for new Blockchains.

Custodial Wallets

Bitwave currently supports Fireblocks, NYDIG, BitGo, and Anchorage custodial wallets.  We are constantly adding support for new Custodial Wallets.

DeFi Protocols

This is just a sample of the DeFi protocols we support. Click below for the full offering of DeFi integrations currently in place, with more being added each day.

Exchanges

This is just a sample of the key Exchanges we support. Click below for the larger offering of Exchanges supported, with more being constantly added.

Multi-Signature Wallets

Bitwave supports a variety of multi-signature wallets, such as Gnosis Safe, Zebec, and Electrum. We are constantly adding support for new Multi-Signature Wallets.

Testimonial

"Bitwave was an amazing tool for our business. Not only did it give us the ability to track all things needed for our accounting, but it helped our auditing process hit the ground running and gave us the ability to move forward with our Series A funding."

Justin Podhola

Elite Mining

Take Control of Your Crypto Mining Accounting

Transform your crypto accounting with Bitwave with seamless revenue recognition, optimized tax strategies, and automated reconciliation to your ERP

Contact us to learn more or schedule a demo now to learn more! 

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