Mining, Trading, and Taxes

This year is the first year I started mining crypto. I have heard that the coins you mine are not taxable until you sell/exchange them. I haver also been told that when you mine them, you owe the fair market value when those coins were mined. Does anyone know when and how to report the taxes?

I know that there are taxes on the capital gain when trading but have not traded any crypto yet. Only coin I have mined is Ravencoin.