Ga nostriches, forfeited some time outside for take in my taxes head on……… it is theft, I get almost nothing of value back, they are gangsters in suits, but the Bitcoin mining part does at least makes the tears taste a little sweeter.

Receive very low kyc sats directly to my wallet. ✅

Pay less than market price for them (although the difference is logged as a profit 🤮, how can they justify that without realising profit I’ve made a gain????) even so ✅

Any new miners I buy during the year offset any profit made and even claim back on other taxes paid (bought some miners with a rebate check 🫡 😘).

It’s a bit of a faff, the irs may visit me in the UK, but as a way of stacking sats, it could be worse.

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Is the pool making you kyc? Why would you tell the gov you have miners?

🫡🙌 I like your style, but given the amount of fiat I’ve send for buying machines or paying electricity bills, I’m not going that route.

Oh I see, are you having to do it as a sole trader?

One may be able to run a Ltd company, with miners representing a capital expense………. But suppose you could run it as a sole trader. Wondering if a house could be run as a business, heat the house with miners and book energy costs as an expense!!!

When I get my bitaxe that will be under the radar!