There’s a reason businesses are looking at Bitcoin mining as more than just a way to accumulate BTC.
Mining hardware is a tangible business asset that may qualify for depreciation and other tax benefits. Under current U.S. tax law, qualifying equipment may even be eligible for 100% first-year bonus depreciation.
For businesses already mining or considering expanding, it's worth discussing with your CPA how equipment purchases and operating expenses could fit into your broader tax strategy.We have S21 units in stock in the U.S., ready for delivery before year-end. Reach out to explore your options.
For mining farms looking to expand capacity before year-end, having hardware available domestically can make a big difference in timing and logistics. We have pallets of pre-owned S21 Pros ready to ship from the U.S., offering a cost-effective way to add hashrate without waiting on overseas shipments.
If you need higher quantities message @AlnCrypto or @LucidSuits for more details.
Plenty of older ASICs are sitting in warehouses collecting dust, taking up space, or doubling as expensive paperweights.
They might not be profitable to mine with anymore, but they can still have value. LuminX helps operators recover that value through bulk ASIC recycling.
Ethiopia's miners are getting about 23% of the power they contracted for. Reservoir inflows came in around 20% low, and households and factories went to the front of the line.
Hashrate Index has the country down from ~23 EH/s to ~15 EH/s in one quarter.
The rate is only half the deal. Curtailment terms are the other half.
Blocks have been coming in about every 9.5 minutes, so Friday's difficulty adjustment is tracking around +5% now, per https://t.co/hIGCHzgf0s. Two days ago it was closer to +4%.
Hashrate's back over 1,000 EH/s and hashprice was about $37.55/PH/day Monday, per Mining Disrupt.
Anyone plugging more in before Friday?
Binance is shutting down its mining pool on Nov 10.
Pool Savings, Cloud Mining and the Transaction Accelerator close with it, and any hash still pointed there after 07:00 UTC that day earns nothing.
Anyone here still mining on Binance Pool? Four weeks is plenty of time to switch, but it's an easy one to forget.