Quote from: CurbsideProphet on March 25, 2014, 11:15:01 PM

Quote from: LostDutchman on March 25, 2014, 10:35:10 PM

Quote from: flounderella on March 25, 2014, 10:29:39 PM

All I'm thankful for is I didn't preorder those 1TH+ miners... with the difficulty this high and now daily mining being taxable as ordinary income (and not when btc are sold/exchanged) and with cost of hardware and power, there's no ROI left. IRS has essentially gifted mining to the Chinese.

One word:

Corporations.

Watch for my offerings in that regard, coming soon to an internet forum near you.

My $.02.

Wink

So basically you mine as income and offset it with expenses such as hardware, utilities, depreciation, etc.?

By George, I think you've got it!

Al least part of it..............................

My $.02.

Wink