If you are a miner of bitcoin, then you need to know how to pay taxes on mined bitcoin. The good news is that it is not as complicated as it may seem at first. The basic principle is that you need to report the fair market value of the bitcoin at the time it […]
How To Report Crypto Mining On Taxes
Cryptocurrency mining is the process of verifying and adding new transactions to the blockchain ledger. Miners are rewarded for their efforts with cryptocurrency. Mining can be a very lucrative business, but it is also important to report any income earned from mining on your taxes. Here are the steps you need to take to report […]
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