Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Tax Information - Interesting
by
marcus_of_augustus
on 18/04/2012, 03:44:06 UTC
If you are simply mining bitcoins and don't sell them or trade  them for anything, then there are zero tax implications.

It is like digging up shiny rocks (or gold) in your back garden and storing it in a safe place inside the house. But even more nebulous, you are finding special digital patterns on the network, that may or may not be valuable to others, and storing the output on your electronic equipment.