https://youtu.be/bUwUdftHJQ0 I saw this fun tweet this morning: https://twitter.com/Melt_Dem/status/1309209570674241536 >what's the tax situation if i mine bitcoin on a satellite in space? what jurisdiction would apply? is space a taxable regime? >asking for... a friend So I thought I would answer. TL;DW? Mining anywhere is ordinary income for US taxpayers Posted Using [LeoFinance <sup>Beta</sup>](https://beta.leofinance.io/hive-167922/@nealmcspadden/what-are-taxes-for-mining-usdbtc-in-space)
| author | nealmcspadden |
|---|---|
| permlink | what-are-taxes-for-mining-usdbtc-in-space |
| category | hive-167922 |
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| created | 2020-09-25 15:14:09 |
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| root_title | "What are Taxes for Mining $BTC in Space?" |
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Definitely will need your help this year with my business taxes :) Posted Using [LeoFinance](https://leofinance.io/@rollandthomas/qh7zvg)
| author | rollandthomas |
|---|---|
| permlink | qh7zvg |
| category | hive-167922 |
| json_metadata | {"tags":["leofinance"],"app":"leofinance/0.1","canonical_url":"https://leofinance.io/@rollandthomas/qh7zvg"} |
| created | 2020-09-25 15:18:54 |
| last_update | 2020-09-25 15:18:54 |
| depth | 1 |
| children | 1 |
| last_payout | 2020-10-02 15:18:54 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
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| root_title | "What are Taxes for Mining $BTC in Space?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 99,813,007 |
| net_rshares | 0 |
Planning before year-end is everything in the tax world!
| author | nealmcspadden |
|---|---|
| permlink | re-rollandthomas-qh81lx |
| category | hive-167922 |
| json_metadata | {"tags":["hive-167922"],"app":"peakd/2020.09.4"} |
| created | 2020-09-25 15:56:21 |
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| root_title | "What are Taxes for Mining $BTC in Space?" |
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hiveblocks