Articles about Bitcoin mining hardware, operations, and industry trends.
Tax Strategy 5 min read Bitcoin Mining in a Roth IRA: The Tax-Free Mining Strategy What if you could mine bitcoin and never pay taxes on it? Not when you mine it, not when you sell it. Never. There’s a real structure that makes this possible: bitcoin mining inside a Roth IRA. It’s not simple, … Read more
Tax Strategy 5 min read The S-Corp Strategy: How Bitcoin Miners Cut Self-Employment Tax by Thousands If you’re mining bitcoin through a sole proprietorship or standard LLC, you’re probably paying more tax than you need to. Self-employment tax hits every dollar of mining profit at 15.3%, and that adds up fast. The bitcoin mining S-Corp … Read more
Tax Strategy 5 min read How Bitcoin Mining Income Is Taxed: What Every Miner Needs to Know If you’re mining bitcoin – or even just looking into it – you need to understand how bitcoin mining taxes work. The IRS treats crypto as property, not currency and not stock. Mining has its own tax rules, … Read more
Tax Strategy 5 min read The Passive Activity Trap: Why Your Mining Losses Might Not Save You on Taxes You set up your bitcoin mining LLC, claimed bonus depreciation on your ASIC hardware, and generated a healthy tax loss in Year 1. You’re expecting that loss to offset your W-2 income and slash your tax … Read more
Learn how LLC owners can deduct Bitcoin mining hardware, electricity, hosting fees, and management costs. Covers Section 179, bonus depreciation, and strategies to lower your effective cost of acquiring BTC.
Step-by-step guide to launching a Bitcoin mining operation through your LLC. Covers entity formation, hardware selection, hosting, tax setup, and how managed mining services simplify the process.