(USA) Gross income taxation on mined / validated ETH
Was reading over this from the IRS: https://www.irs.gov/pub/irs-drop/n-14-21.pdf Specifically this: Q-8: Does a taxpayer who “mines” virtual currency (for example, uses computer resources to validate Bitcoin transactions and maintain the public Bitcoin transaction ledger) realize gross income upon receipt of the virtual currency resulting from those activities? A-8: Yes, when a taxpayer successfully “mines” virtual…
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