There’s no taxes on a Roth at distribution
Discussion
Wait, why you choose to leave your capital in a system that is being constantly debased? Why not just pay your electricity bill and mine as much as you want to save (or can afford to save). No paper trail and no taxes either. Plus, most likely your “savings” will increase in value in dollar terms in the long run. Plus, you help the network. 
I believe we will gradually transition onto a bitcoin standard. If that happens, there will still be equities providing value to the market place in hopes of earning more bitcoin. MSTR will be one of the those companies earning more bitcoin.
Speaking from experience, mining is a very difficult and competitive route to earning sats. MSTR will outperform any mining operation over the next 15 years.
Speaking from experience mining with one S9. I have been able to profitably heat my garage in the winter. I’m my experience those minig hours at a loss have been offset by price increases in the long run. My point is rather that for someone in the position of nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs to say “ you should have a Tax free savings account “ is odd to me.
You definitely should not start one if you’re Gen Z or younger. But for us old millennials we had some decent capital trapped from years ago that we wanted to go out on the risk curve with.
Agree!. Different situation between new after tax earned money and pension money that is utterly tied to the legacy system
It’s also important to mention that nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs and I have been staking a longtime so 90%+ of our bitcoin stack is not in MSTR. We just plugged our dead 401ks and Roth IRAs into the bitcoin network using MSTR.
You can only put $8000/year in here in the US. I don't think nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs cares about something that minuscule
What you’re doing is illegal in America. If you have a home mining operation you have to pay income tax on the coin earned.
Wouldn't it only matter when you go to sell?
No, it’s considered income. You might be able to get some deductions since you own a capital asset (miners) that depreciate, but idk all the details around that for home mining
No. It’s income at the time it’s mined.
I’m not an accountant but if I don’t sell it how it can be income. Manhattan’s Real estate moguls have been doing this forever. They never sell their properties and just keep borrowing against them. They don’ pay taxes on this dollars because is a liability on their balance sheet. They use this dollars to generate the cash flow to pay interest. Rinse and repeat not illegal at all. Is it different with commodities such as Bitcoin or gold?
First, i’m, not advocating for people to do anything illegal.I’m asking questions because I really trying to learn here. So according to what you are saying I owe “unrealized capital gains” for the sats that I mined in my garage. But, what conversion rate should I use to calculate my tax burden if I have not sold?
At the time they hit your wallet. That’s your cost basis and they’re treated as income. If you’re in America you should really talk to an accountant bro.
what sats?
UPDATE: on the legality of a home mining operation. Where I live you only have to REPORT the coins at “fair market price” when they hit your wallet. However, this is not a taxable event. And even then you only pay income taxes on 50% of your coins when you sell them (if you are not an industrial operation). Or you can never sell and borrow against them as they appreciate (like Manhattan’s real estate). So my comment stands, it makes no sense to bury newly earned money on a legacy system “Tax free savings account”. I checked a couple of other countries in America (the continent) and the taxable event is when you sell the coins. So, in most of America(the continent) is legal as long as you report it. But apparently this is not the case in the United States according to some people here.
Whether you pay taxes before or after is irrelevant, it'll turn out to be the exact same amount of money relative to interest earned.
This is mathematically false. If you chart out the math and assume various % rates of return you get very different results in paying taxes now versus later. Trying using an online compound interest calculator and remove a chunk or the principal to simulate a Roth if you don’t believe it.