9 Best Cloud Mining Sites for 2023

If you’re looking to generate passive income from cryptocurrencies, cloud mining could be worth exploring. In simple terms, you can help mine cryptocurrencies without needing to spend thousands of dollars on mining equipment and electricity consumption. Instead, you’ll be renting hashing power from a cloud mining provider.

This guide ranks and reviews the 9 best cloud mining sites in 2023. Our methodology covers the most important considerations, such as safety, minimum investment requirements, supported mining coins, fees, and expected yields.

Best Cloud Mining Sites Reviewed

Now let’s move on to our comprehensive reviews of the 8 best cloud mining sites. We cover everything you need to know in this section – including supported networks, reputation, payout speeds, deposit methods, expected yields, and customer support.

1. Bitcoin Minetrix – Top Bitcoin Cloud Mining Site Raises $100,000 Within Hours of Launch

Bitcoin Minetrix ($BTCMTX) is a brand new presale targeting the Bitcoin cloud mining industry. Its presale is set in 10 stages, with prices increasing at each stage. The overall hard cap is $32 million with a starting price of $0.011 a minimum amount of $10. The price will increase with each presale stage. 

This is the first stake-to-earn ERC20 token – in other words, it’s an Ethereum project used to mine Bitcoin through burned cloud credits. It provides tokenized cloud mining that offers income generation via staking and burning.

It offers a much more sustainable way to mine Bitcoin as compared to Bitcoin’s Proof-Of-Work model. It’s also far more cost-efficient. Tokens can be unstaked or sold at any time, allowing for increased flexibility. 

Instead of needing expensive ASIC software which is harmful to the environment, users can simply use Bitcoin Minetrix to harvest rewards from the world’s largest cryptocurrency, in a decentralized manner. The process is also quite simple, so anybody can do it – just stake $BTCMTX tokens to earn cloud mining credits, and you can use these to mine bitcoin (BTC).

Bitcoin Minetrix will also be available as a mobile application, meaning people can earn on the fly. What’s great about Bitcoin Minetrix is that it offers a neat dashboard to calculate daily, weekly, and monthly rewards, with other metrics such as ‘mining power bought’ and ‘mining power earned’. This makes it easier to gauge the overall economics of what you are engaged in.  

In sum, Bitcoin Minetrix offers a fast, easy, and convenient way to mine Bitcoin, without needing to purchase expensive software or learn about complex mining mechanics. It puts all the power back in the hands of users. 

For more information, consult the Twitter and Telegram accounts. USDT, BNB, and ETH are acceptable means of payment for this Bitcoin cloud mining presale.

The project has already proven quite popular, with over $100k raised within hours of launch. 

2. ECOS – Overall Best Cloud Mining Site in 2023

We rank ECOS as the overall best cloud mining provider. Launched in 2017, ECOS has a comprehensive mining farm based in Armenia. It has a farming capacity of 60 MBt and has successfully mined over 6,000 Bitcoins. ECOS is now used by over 400,00 clients globally. Its cloud mining service supports Bitcoin and there is a minimum contract amount of $500.

When purchasing a cloud mining contract, you can choose from four durations – 30, 40, 50, or 60 months. Therefore, ECOS will only be suitable if you’re happy to invest long-term. ECOS charges $1.02 per 1 TH, per month. That said, it’s currently offering a 20% discount, which brings the price down to $0.81. Although ECOS doesn’t provide estimated yields, it does offer a handy cloud mining calculator.

This allows you to assess your potential return on investment based on what you think Bitcoin will be worth when the contract expires. In terms of payouts, ECOS makes distributions every day. This enables you to reinvest your mining rewards and benefit from compound growth. ECOS is also one of the best Bitcoin cloud mining sites for mobile users.

It has a native Bitcoin cloud mining app for iOS and Android, allowing you to keep tabs on your cloud mining rewards. However, the ECOS app is rated just 2.8/5 on Google Play. And on iOS, ECOS is rated 3.9/5. Some users report that the ECOS app often crashes and needs to be restarted. Nevertheless, we like that ECOS also offers demo accounts. This enables you to view how your cloud mining investments perform in live market conditions.

To get started with ECOS, it takes seconds to register and there is no KYC. Accepted payment methods include debit/credit cards, bank wires, and selected cryptocurrencies. If you need assistance, ECOS offers live chat support 24/7.

3. Binance Cloud Mining – Bitcoin Mining Contract Durations of 90 Days and Daily Payouts

Binance is one of the best cloud mining sites if you’re looking for a short-term agreement – each contract lasts for just 90 days. It currently supports Bitcoin mining contracts and the minimum purchase amount is 1 TH. In terms of fees, Binance charges $1.80 for hash rates and $3.96 for every 1 TH purchased. Binance provides an estimated output of 0.00000218 BTC per 1 TH.

However, this will vary depending on the Bitcoin mining difficulty during the contract agreement. Although the setup process is simple, each contract comes with limited availability. You’ll need to have a Binance account to get started, which takes less than a minute to open. Binance cloud mining rewards are distributed daily – paid directly to your Binance account.

You can withdraw the funds instantly or reinvest them into other yield products. This includes staking, dual investments, and yield farming. To deposit funds into Binance, you can use a debit/credit card or cryptocurrencies. Binance also supports peer-to-peer deposits with local payment methods.

In terms of safety, you’ll be cloud mining cryptocurrencies with the world’s largest exchange. Therefore, you can be sure that you’re using a legitimate provider. The main drawback of Binance is that cloud mining minimums and estimated outputs are displayed in Bitcoin. This makes it difficult to know exactly how much you’ll be required to invest and what you can expect to make.

4. Bitdeer – Established Cloud Mining Operation Supporting Multiple Coins 

Bitdeer is one of the best cloud mining sites for asset diversity. In addition to Bitcoin, it supports a wide range of other mining coins. This includes some of the best altcoins, such as Filecoin, Zcash, Dash, and Ethereum Classic. It’s also possible to purchase joint mining contracts for Litecoin and Dogecoin. This allows you to mine both cryptocurrencies simultaneously.

That said, some mining contracts are often sold out, as availability is limited. For instance, Bitdeer is currently only offering contracts on Bitcoin, Bitcoin Cash, and Filecoin. Availability changes daily, so you’ll need to regularly check the Bitdeer website. Nonetheless, we like that Bitdeer offers Bitcoin mining contract durations from just 30 days.

However, some mining contracts have a much higher minimum. For example, some Filecoin contracts require at least 540 days. We like that selected mining plans allow you to get started with less than $2. This makes Bitdeer one of the best cloud mining sites for those on a budget. Fees vary depending on the chosen mining coin and contract type.

Bitdeer clearly displays what fees you’ll pay after setting up a contract. We also like that Bitdeer offers estimated revenue rates for each mining agreement. For example, The Antminer S19Pro Plan is estimated to yield 69.94% over the contract duration. Bitdeer distributes mining payments daily, as long as the minimum rewards have been covered. The minimum varies depending on the contract.

5. Hashmart – Established Cloud Mining Operation Supporting Multiple Coins 

Launched in 2018 Hashmart is a cloud mining operation registered in Cyprus. This established provider specializes in Bitcoin mining. Currently, it’s offering 12-month contracts and the minimum purchase is 500 Gh/s. This is priced at just $52.40, so casual investors are catered for. Moreover, this price includes maintenance fees, so you know exactly how much you’re paying.

Hashmart also offers open-ended cloud Bitcoin mining contracts. This offers flexible terms, as you can start and stop whenever you see fit. This costs $80.40 for every 500 Gh/s purchased, which is a lot more expensive than the 12-month contract price. Plus, you’ll pay $0.18 per TH in maintenance fees each day.

That said, open-ended contracts are clearly popular as they’re currently sold out. Hashmart accepts payment in Visa, MasterCard, and cryptocurrencies. All mining contracts offer daily payouts. We also like that Hashmart offers the best cloud mining app for Android users. An iOS app is currently being worked on and will be released in the near future.

Another benefit is that Hashmart offers 24/7 customer support. This is offered via live chat and email. A drawback that should be considered is the location of Hashmart’s mining farms. It claims to have operations in the ‘Asian region’ but doesn’t state the specific country. The reasons for this opaqueness are unknown.

6. Hashing24 – 12-Month Bitcoin Contacts From 1 TH and Active Farms in 4 Countries 

Hashing24 is another established cloud mining website, with the provider operational for over a decade. It has active mining farms in four different countries – Canada, Georgia, Norway, and Iceland. Hashing24 specializes in Bitcoin mining and it offers three contract durations. Your options include 12, 18, and 24 months.

We like that Hashing24 is user-friendly and that all contract terms are displayed in US dollars or euros. This makes it easier to assess your potential return on investment. The minimum contract value is just 1 TH, which is currently priced at $50.30 for 12 months. Fees are built into the contract value.

There are discounts available when you purchase larger contract amounts. For example, you’ll get a 5% discount on a 100 TH contract. Hashing24 also offers estimated returns based on the contract you select. For instance, if you purchase 5 TH on a 24-month contract at $497.97 – the estimated profit is $223.37.

All mining contract purchases come with daily payouts, which you can withdraw straight away.  You can pay for your chosen contract with Visa, MasterCard, or Maestro. Cryptocurrencies are also supported. Hashing24 also offers a free demo account, enabling you to test its features before making a financial commitment. Customer support is offered 24/7 via live chat.

7. F2Hash – New Bitcoin Mining Provider Aimed at Large-Scale Investors  

F2Hash is one of the best cloud mining sites for large-scale investors. It offers many different plans that come with some of the highest yields available. For example, the Enterprise Flash Plan gives you access to Antminer Pro+ and S19 Racks. Costing $15,000 for a 300-day contract, this yields an estimated daily return of $450.

Another popular option is the Pro Flash Plan, costing $9,400. This yields an estimated return of $215 per day or $6,450 over the 30-day duration. If you’re looking to invest small amounts, F2Hash is also suitable. Its Explorer plan, which offers access to Canaan AvalonMiner 1166 hardware, costs $200 for a 12-month contract.

This yields $2.80 in daily rewards or $1,022 over the contract duration. There’s also an entry-level plan for just $5. All that being said, F2Hash was only launched in 2021 and it has a limited track record in this space. Moreover, some of its estimated yields are on the high side. Nonetheless, F2Hash is registered in Cyprus and its mining farms are based in Brazil.

8. StormGain – Popular Cryptocurrency Trading Platform With an In-Built Cloud Mining Tool   

StormGain does things differently from the other cloud mining providers discussed so far. Primarily, StormGain is a cryptocurrency trading platform that supports leveraged products. It also supports high-level trading features, such as technical indicators and drawing tools. That said, StormGain has also developed an in-house cloud mining tool.

There’s no need to invest any capital, as you’ll automatically mine Bitcoin as a registered user. The amount of Bitcoin you can mine depends on your account tier. For example, standard accounts will earn just $0.25 per day in mining rewards.

After reaching a minimum trading volume of $150,000, you’ll increase this to $0.50 per day. The highest tier VIP3, yields over $235 in daily mining rewards. However, this requires over $75 million in trading volumes. Moreover, when you cash out your Bitcoin mining rewards, the funds are paid as trading credits. This means you can’t withdraw the rewards directly.

9. CoinMiningFarm – Green Energy Mining Farms With Minimum Contracts of Just 7 Days   

If you’re looking for the best cloud mining sites for green energy, CoinMiningFarm could be worth considering. It claims that 90% of its mining energy supplies come from natural sources, This is fueled by geothermal energy, wind turbines, and hydroelectric dams.

Although CoinMiningFarm only offers Bitcoin mining agreements, it has plenty of contract durations to choose from. If you’re just getting started, you might consider the 7-day plan. This requires a minimum purchase amount of $500. There’s also a $50 plan but this requires a 365-day contract.

Then there’s the diamond plan, which is popular with experienced investors. This is a 365-day plan offering daily rewards of 1.10%. The minimum and maximum purchase on this plan is $1,200 and $5,499, respectively. CoinMiningFarm only accepts payments in Bitcoin.

What is Cloud Mining?

Cloud mining is a passive earning tool that allows you to mine cryptocurrencies remotely. This will appeal to those who want to benefit from crypto mining without spending a significant sum on hardware. This is especially the case when mining Bitcoin, which now requires ultra-specialist hardware rigs. After all, market leaders in this space have mining set-ups worth many millions of dollars.

Without a comprehensive setup in place, you simply won’t be able to compete. Even if you do have the resources, you’ll also need to consider the energy consumption demands that mining requires. According to the Harvard Business Review, Bitcoin mining consumes 110 Terawatt Hours annually. This translates to the same energy demands as the entire population of Malaysia – a country with over 33 million inhabitants.

Fortunately, cloud mining removes the need to worry about expensive rigs or electricity bills. Instead, you can often get started with just a few dollars. This is because cloud mining providers already have the required set-up in place. In other words, all of the equipment has been purchased.

Here’s how it works:

• You join a cloud mining website and choose which cryptocurrency you want to mine.
• You buy a contract, which represents an amount of hashing power.
• Thereon – you will receive a share of the mining rewards. This is proportionate to the amount of hashing power you purchased, less fees charged by the cloud mining website.
• You will continue to receive mining rewards until your purchase contract expires.

Although cloud mining is cost-effective and completely passive, you also need to consider the risks. For a start, there’s no guarantee that you’ll generate a return on investment. This will be determined by the rig set-up of the cloud mining provider and whether it can compete with other miners. Moreover, some cloud mining websites are scams, so you’ll need to do your due diligence.

How Does Bitcoin Cloud Mining Work?

If you’re still not sure how cloud mining works, we’ll now break the process down.

Cloud Mining Providers

Cloud mining services are offered by fully-fledged providers. In other words, you’ll be using a company that has a full mining farm in place. Depending on the provider, this could be a multi-million dollar operation.

The mining farm might contain hundreds of individual hardware devices, each connected to a centralized rig. This ensures that the cloud mining provider can generate enough hashing power to compete with other miners. After all, each newly mined block will only have one successful miner.

It’s a technological race based on who can generate the most hashing power in the fastest time. As such, when choosing a cloud mining provider, you’ll need to ensure it has the technical capabilities to generate sufficient rewards for your investment outlay.

Hashing Power Contracts 

Once you’ve selected a cloud mining provider, you’ll be presented with a range of investment options. This will vary depending on the type of cryptocurrency you want to mine and how long you want the agreement to last. In most cases, you’ll be purchasing a specific amount of hashing power on a contract basis

The amount of hashing power you purchase will determine your share in the mining agreement.

Let’s look at a very simplified example to illustrate how hashing power investments work:

• Suppose you invest $1,000 into your cloud mining venture. This gets you hashing power worth 10 TH/s
• We’ll say that the cloud mining contract generates 200 TH/s worth of power in one day, which nets $100 in mining rewards.
• Your share of the 200 TH/s contract is 10 TH/s or 5%. This means you receive 5% of the $100 daily mining reward, which is $5.
• We’ll say that you earn the same $5 reward every day. After 365 days, your total income is $1,825.
• On your original investment of $1,000 – you made mining rewards of $825.

As lucrative as cloud mining might appear, there are many considerations to make. First and foremost, mining rewards can vary widely depending on network conditions.

You might earn more when there is less competition – and visa-versa. What’s more, your mining rewards are paid in the respective cryptocurrency and not fiat money. Therefore, your return on investment will also be dictated by the value of the cryptocurrency.

Mining Rewards are Paid in Crypto

Leading on from the above point, you should remember that you’ll be receiving your mining rewards in cryptocurrencies. This can mean one of two things:

• If the value of the cryptocurrency you’re mining increases, this will amplify your profits.
• If the value of the cryptocurrency you’re mining decreases, this will eat away your profits.

Put otherwise, if you’re mining cryptocurrencies and their value continues to decline – you could be making a loss.

For example, suppose you are mining Bitcoin. We’ll say that in week one, you earn 0.00038 BTC each day. At the time, this amounts to $10 per day, or $70 over the course of the week.

Your chosen cloud mining website doesn’t settle payments until the end of the month. When the payment is made, you’ll receive 0.00266 BTC (0.00038 BTC x 7 days). However, Bitcoin has since declined by 30%.

So, in real terms, although you’re still receiving 0.00038 BTC – you’re not getting $70 back. Instead, you’re only getting $49. You’d also need to factor in mining fees too.

Cloud Mining Fees

Cloud mining websites are in business to make money. Therefore, you’ll need to pay fees. After all, the cloud mining provider not only needs to cover the cost of its hardware set-up, electricity consumption, taxes, and staff – but it also needs to make a profit.

First, you’ll pay an upfront cost to purchase the hashing power contract. This is usually a non-refundable purchase, meaning you won’t get the money back at the end of the contract term. As such, you’re taking a risk that you’ll be generating more cloud mining rewards than the contract purchase.

Second, there are usually maintenance fees to cover. This covers the core mining operation – such as hardware repairs, energy, and other daily expenses. This is usually deducted from the mining rewards that you are paid.

Third, some cloud mining websites also take a percentage of the rewards they generate. For instance, suppose you earn the equivalent of $100 in month one. If the mining provider takes a 10% cut, this will leave you with $90.

Is Cloud Mining Crypto Profitable?

If you’re wondering is Bitcoin mining profitable in 2023 then you’re in the right place. Like many crypto income streams, cloud mining can be profitable and is a better alternative to traditional mining. Whether or not you’re able to make money will depend largely on your chosen provider. Just remember – cryptocurrency mining (and Bitcoin in particular) is very competitive. For example, while new Bitcoin mining rewards are released every 10 minutes – only one miner will be successful.

To stand a chance of success, the cloud mining provider must have a sufficient set-up in place. This means having access to enough hashing power that can realistically compete with other miners. If it does, then there is every chance that you can make an acceptable return on your cloud mining investment. But you’ll also need to consider external factors too.

For example, when the mining difficulty rate increases, this is usually because there’s more competition. This often happens when the price of Bitcoin increases, as mining becomes more lucrative. While the rewards are higher, increased competition makes it less likely that your chosen provider will be successful. So it’s a double-edged sword. High energy prices will also have an impact on your cloud mining profits, as this increases costs for the provider.

Your ability to make a profit from cloud mining also depends on market prices. For example, if the value of cryptocurrencies declines, then your return on investment is lower. You could make a loss if your mined cryptocurrencies decline by a significant amount. You’ll also need to factor in taxes, which are often levied twice when crypto mining. Once when you receive the mining rewards (income tax) and again when you sell them (capital gains tax).

Benefits of Cloud Mining Bitcoin and Other Cryptocurrencies

We’ll now explore why cloud mining remains popular with cryptocurrency investors.

Passive Income

The primary objective of cloud mining is to earn passive income. As soon as you purchase your chosen mining contract – you can sit back and allow your money to work for you. There is no input required from you at all.

This is in stark contrast to mining on a DIY basis. For example, consider what happens if one of your cloud mining devices malfunctions. You’ll need to personally repair the device. In the meantime, you’ll need to factor in the opportunity cost, as your device won’t be earning you income while it’s broken.

No Knowledge or Expertise Required 

Make no mistake about it – cloud mining is a highly advanced technical field. If you decide to solo mine cryptocurrencies, you’ll need a solid understanding of hashing power, Application-Specific Integrated Circuit (ASIC) devices, and other technical aspects.

You’ll also need to feel comfortable estimating your return on investment, factoring in set-up costs, energy consumption, and varying cryptocurrency prices. And of course – you’ll need to have an idea of how to repair faulty mining operations.

This is why cloud mining is the best option for most people. While it’s wise to have a firm grasp of the basics, you won’t need any technical know-how. All you need to do is choose the best cloud mining site, make a deposit, and pay for your contract. Anything that goes wrong behind the scenes will be taken care of. Cloud mining is as passive as cryptocurrency investments come.

Super-Low Upfront Costs  

Cloud mining websites allow you to mine cryptocurrencies with very little upfront costs. As noted, you won’t need to buy any hardware devices yourself. In fact, you won’t need to make any purchases other than the mining contract.

This makes cloud mining affordable for most budgets. However, do note that some cloud mining websites have high minimum purchases – so you’ll need to factor this in when choosing a provider.

Risk is Limited to Your Contract Value  

In addition to low upfront costs, cloud mining also enables you to limit your risk exposure. Put simply, the only capital you are risking is what you pay to purchase the mining contract. For example, suppose you invest $1,000 into a 12-month contract. If you get back less than $1,000 – you’ve made a loss. However, your losses can never exceed the initial outlay.

Now compare this to traditional cloud mining. Your risk is significant, considering how much money you need to spend on building a mining farm, paying for electricity, and any other operational costs.

What’s more, newer and more powerful mining devices are constantly being developed. If you have a sub-par mining operation, all of your equipment could become redundant. You won’t need to consider these equipment risks when opting for a cloud mining provider.

Potential Downsides of Crypto Cloud Mining

While cloud mining offers many benefits, you’ll also need to consider the following risks.

Some Cloud Mining Websites are Scams  

The first risk to consider is that some cloud mining websites have proven to be scams. One of the most infamous cloud mining scams was Hashflare.

• According to the FBI, the founders of Hashflare raised $31 million in ICO funding, only to use the majority of the capital for personal gain.
• However, the plot thickens – the US Justice Department alleges that Hashflare was also behind a $575 million fraud and money laundering scheme.
• Two of Hashflare’s founders have since been arrested.

Hashflare is just one example of cloud mining websites defrauding their customers.

As such, you’ll need to tread very carefully when choosing a cloud mining provider. After all, you’ll be required to purchase a cloud mining contract upfront. This means you’ll need to trust that the provider pays you what it owes.

You Might Not Generate Enough Mining Rewards to Yield a Profit  

There is no guarantee that you will make money when cloud mining cryptocurrencies. There are various factors that can determine whether you generate a profit on your investment. First, mining is a competitive arena. This is especially the case with Bitcoin.

• The Bitcoin mining difficulty increases when there are more market participants.
• This means that increased hashing power is needed to successfully mine a Bitcoin block reward.
• If your chosen provider doesn’t have the required hardware to meet the mining difficulty, it won’t be able to compete.

In addition, you also need to consider the volatility of cryptocurrencies when cloud mining. Your mining rewards will be paid in digital assets, which rise and fall in value. If the markets go against you, your mining rewards might not cover your initial investment. In the meantime, you’ll still be paying ongoing fees to your cloud mining provider to cover maintenance, energy, and other costs.

Crypto Mining is Taxed as Income  

In most jurisdictions, crypto mining is viewed as income by tax authorities. In the US, for example, the IRS states that mining, staking, and similar activities should be reported in federal income returns. So what does this mean for you? Put simply, any cloud mining rewards that you receive must be reported as income.

The reporting process can be tricky, as you’ll see to assess the value of the rewards on the day they were received. Considering that crypto prices change as each second passes, you’ll need to ensure you keep adequate records. Many cloud mining companies payout rewards daily, which makes things even more complex.

For example, suppose you’re cloud mining Bitcoin. Every day, you receive 0.0011 BTC. On day one, Bitcoin might be worth $29,000. The next day, it could be worth $27,000 – and so on. Tax authorities are only interested in the local currency amount, not the specific mining reward. As such, you’ll need to ensure your calculations are as accurate as possible.

Nonetheless, each mining reward you will receive will be added to your total annual income, and taxed accordingly. Do note that crypto tax rules vary from one country to the next – so you’ll need to speak with a qualified advisor for more information.

Is Bitcoin Cloud Mining Legal?

In the vast majority of countries, Bitcoin cloud mining is completely legal. This is much the same as other cryptocurrency products, such as spot trading, staking, and yield farming.

However, there is a notable exception to this rule – China. According to CNBC, China once accounted for 65-75% of the global Bitcoin mining hashing power. However, the Chinese government outlawed Bitcoin mining in 2021 – so it’s no longer legal in the domestic market. That said, Bloomberg reports that Bitcoin mining is still prevalent in China, albeit covertly.

Just remember, you’ll likely need to report your cloud mining activities when filing your annual tax returns. As noted, mining rewards are viewed as income for tax purposes. What’s more, you’ll need to factor in any capital gains after selling your mining rewards.

Conclusion

In summary, cloud mining is worth considering if you’re looking to generate passive income from the cryptocurrency markets. But you’ll need to choose wisely when selecting a provider. Not only in terms of safety but also fees, expected yields, and payout frequencies.

Our research shows that Bitcoin Minetrix is the best way to cloud mine Bitcoin. It is the most simple and direct, with no upfront cost for either hardware or software. There is no real learning curve – it’s simply stake and burn for BTC mining rewards.

References

• https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions
• https://www.nytimes.com/2023/04/09/business/bitcoin-mining-electricity-pollution.html
• https://www.fbi.gov/how-we-can-help-you/victim-services/seeking-victim-information/seeking-victims-in-the-hashflare-investigation
• https://www.justice.gov/opa/pr/two-estonian-citizens-arrested-575-million-cryptocurrency-fraud-and-money-laundering-scheme
• https://coinledger.io/blog/how-to-handle-cryptocurrency-mining-on-your-taxes
• https://www.irs.gov/newsroom/irs-updates-to-question-on-digital-assets-taxpayers-should-continue-to-report-all-digital-asset-income
• https://www.cnbc.com/2023/01/30/how-to-handle-cryptocurrency-losses-on-your-2022-tax-return.html
• https://www.cnbc.com/2022/05/18/china-is-second-biggest-bitcoin-mining-hub-as-miners-go-underground.html
• https://www.bloomberg.com/news/articles/2022-05-17/china-makes-a-comeback-in-bitcoin-mining-despite-government-ban

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Kane Pepi

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Kane Pepi

Kane Pepi is an accomplished financial and cryptocurrency writer who has an extensive portfolio of over 2,000 articles, guides, and market insights. With his expertise in specialized subjects such as asset valuation and analysis, portfolio management, and financial crime prevention, Kane has built a reputation for providing clear explanations of complex financial topics. He holds a Bachelor's Degree in Finance and a Master's Degree in Financial Crime, and is currently pursuing his Doctorate degree, which focuses on investigating the complexities of money laundering in the cryptocurrency and blockchain technology sectors. Kane's wealth of knowledge and experience in the field make…

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