Always do you own research! Bitcoin mining in the U.S. faces a unique tax challenge. Unlike traditional commodities like gold, Bitcoin is classified as property, leading to double taxation—first as ordinary income upon mining and again as capital gains when sold. This burdens miners with costly liquidations, destabilizing market prices and forcing premature sales. Companies like MARA Holdings, Riot Platforms, and CleanSpark highlight how this structure erodes margins and limits investment in scalable infrastructure. The push for reform aligns Bitcoin’s tax treatment with commodities could stabilize markets and empower miners to compete globally. Without change, the U.S. risks losing its mining dominance to more favorable jurisdictions.
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