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Board Beginners & Help
Re: Regarding Taxes on Mining (USA)
by
GooberGoo
on 18/06/2011, 16:44:03 UTC
I'm not running anything near $10k. I just don't want to get bitten for a foolish mistake.

Thank you very much for your help and clarifications.


This then begs the question, what if we DO run over $10k?

I have an IT background by trade so I'm leaning towards converting a few of my spare parts into some powerful mining rigs.
Not that I will make over 10K but for the sake of arguing hypotheticals, then what?

I'm sure many folks mining who have an entire array of rigs are probably dealing with the same question now.