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The only point to mining Bitcoin yourself is tax avoidance. You can make back the cost of power and equipment over time, basically hiding your income. I suspect
by ttul 5y ago
The only point to mining Bitcoin yourself is tax avoidance. You can make back the cost of power and equipment over time, basically hiding your income. I suspect this is the main reason that people mine crypto. You won’t make a profit. It’s the tax you save through tax evasion.