Quote from: DannaWonder on November 09, 2017, 11:43:40 AM

Quote from: manuelcc on October 24, 2017, 05:52:32 PM

Somebody can help me about the taxes mining Bitcoins in Canada and USA. Taxes to import the hardware, income tax, etc.

Taxes on importing those hardware are inevitable since tariffs are always assessed on goods entering every country specially if the price of it is quite high. Income taxes from bitcoin mining operation is quite hard to compute. I don't think there are already countries who gave the exact formula on how to compute taxes from it. Things that should be considered are, the expense that you had for mining the coin. Where are they going to base the income that you got from mining since the transactions are somehow anonymous how can they get a record of the exact number of coins that was mined by the farm.

Probably best to keep your opinions to yourself when you have no idea what your talking about. Helps to not spread false information that makes you look stupid. I believe i found issues with every single sentence you wrote.