Post
Topic
Board Service Announcements (Altcoins)
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
by
ALargeOrangeCat
on 09/08/2017, 21:56:12 UTC
Hi,

I'm looking at Realized & Unrealized Gains report and I'm confused about how mining factors into my unrealized gain/loss.

How is cost determined when applied to a mined coin? Easy example... I mined 2 HUSH. It's showing a purchase cost & saying it's a loss if I sell this. How can this be a loss when I didn't purchase the coin? It should show up as a positive gain at any point that I sell it. Where did this purchase cost come from?

My mining is categorized as [In] Mining with no mining fee. I've selected "Add Deposits & Withdrawals to remaining amount" in gains report.

What am I missing here?

http://imgur.com/eb6b8jc

Also, is there a good way to keep track of mining equipment & electrical costs to determine mining ROI?

Thanks,