Post
Topic
Board Altcoin Discussion
Re: IRS mining and Staking
by
tk808
on 26/03/2014, 03:24:14 UTC
Does this mean if I mine a coin, then it gets added to an exchange and skyrockets and I make a million bucks, I don't owe a cent because at the time of mining there was no value?

It's good to see them rushing laws that don't make sense to try and squeeze some profit out.

Yes, coins have no value in the beginning of their lives.


They are mainly targeting the large bitcoin miners.