Jump to content

Crypto Mining?


Recommended Posts

Posted
14 minutes ago, griffpage said:

Wow very nice set up! I have the basic questions, what are you mining? How is the noise? Does your profit offset the electricity usage/are you keeping what you mine or selling?

Also for tax purposes could you claim crypto mining as a business and write off some of those electricity bills? Interesting thought.

Depends where you are I guess and if you did that then you also would have to pay tax on the profit you make. I know in Aus if you make under 20k a year from it, it can be classed as a hobby and you don't have to pay tax, I'd chat to someone and see if it's worth it.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...