Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
SlipperySlope
on 27/03/2014, 17:09:11 UTC
Based on existing laws, I believe miners (but not hashers) are free to recognize gains on any coins they create when a gain is realized, and a court challenge would rule in their favour.  But understand what this would mean: it would mean that mining on P2P pool imposes no reporting requirements on you, whereas mining at a pool like GHash.io does.    

Yes, I agree with this observation. I have legacy coins that I CPU solo-mined back in 2010. I figure my tax basis is essentially zero dollars for these.