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If you're bullish on BTC you will still get more BTC by buying them than mining them at a loss.
by redox99 4y ago
If you're bullish on BTC you will still get more BTC by buying them than mining them at a loss.
- SturgeonsLaw 4y agoMiners might be happy to pay a premium to get non-KYC coins
- redox99 4y agoTrue, there might be tax reasons too even if they don't care about KYC. Although most miners will know people who they can trade face to face with if they don't care about taxes and don't want KYC.
- 8note 4y agoSounds... sketchy? I'm not sure how that would assuage the risk adverse accountant
- q-big 4y ago> I'm not sure how that would assuage the risk [averse] accountant If the accountant's salary depends on being assuaged, this should hardly be a problem: the accountant will then just tell you that he does not believe this to be a good idea, and give reasons for his judgement.
- philihp 4y agoThat's an expensive premium. How much is a crisp benj worth compared to a gently used one, laced with trace amounts of cocaine?
- jimmydorry 4y agoA crisp benj is worth about 21% extra (the typical tax rate of a business). :)