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Bertha
34fd28a49f15200674a31d0f1a1556d2fc2588ae3ea74831fd0efb0406df3b78
Pleb

Didn’t know that!

Agree, common sense is that this is obviously unfair. I’m surprised KYC free sats direct from larger miners doesn’t exist as I think most people would pay a premium vs exchanges. I’ll mine whatever the cost on principle but the tax laws are (intentionally?) limiting.

Pretty sure it’s a yes, the IRS classes anything mined as income, on the day you receive it. Then it falls into capital gains when you sell. If your mining is under a business then you can deduct costs (ASICs) but if you’re a pleb you can’t.

The IRS is not in a pleb miners corner.

It’s more about CPU and RAM of your node, and tweaking the database cache settings during IBD. I’ve synced nodes in 18 hours with 32 GB and an old laptop. I think Bitcoin Core 28 has that ā€œassume validā€ setting now allowing the node to start working after it syncs from the last halving. Could be wrong on that.

I have literal dreams about candles that keep going up and upšŸ˜‚ had one last night

lol I thought this was related to breaking 105 again

*giga , but also I’m in the ā€œhuman brains can’t understand exponentialsā€ camp. Infinity/21 vs current fiat numbers/21.

Just watched the clipšŸ™ŒšŸ™Œ

Oh so cool, I’m staring at my own Apollo - ā€œcome on little guyā€

Who’s buying more sats tomorrow despite what Jerome has to say.