Post
Topic
Board Mining (Altcoins)
Re: ALLMINE INC - FPGA Cryptominer
by
lunobird
on 10/06/2018, 18:46:42 UTC
Who else is happy to have pre-ordered before the dump. Grin

Ya good move maybe.  But what if BTC goes back up to 10k by the time you ROI.  Your not gonna be as happy from an accounting point of view.

You should also take into account the IRS man in the USA will want his capital gains right when you traded your btc for mining equipment,  irs will also want his cut when you mine daily, however you do have the ability to deduct equipment which offsets your gains which is good.  A lot to consider.