๐จ BIG TAX HACK COMING FOR BITCOINERS ๐จ Trumpโs proposed โ๐ง๐๐ ๐ข๐ก๐, ๐๐๐, ๐๐๐๐จ๐ง๐๐๐จ๐ ๐๐๐๐โ brings back the much-anticipated 100% bonus depreciation... And that means one thing: You could mine Bitcoin AND wipe out your tax bill. ๐๐งต
First, what is depreciation? Normally, when a business makes a large purchase, like a truck or an ASIC miner, you canโt deduct the full cost right away. The IRS makes you stretch it out over years, so youโre stuck waiting to get the full tax benefit.
BUT ๐ญ๐ฌ๐ฌ% ๐ฏ๐ผ๐ป๐๐ ๐ฑ๐ฒ๐ฝ๐ฟ๐ฒ๐ฐ๐ถ๐ฎ๐๐ถ๐ผ๐ป flips that. You get to deduct the entire cost upfront. Spend $50K on ASICs? Boom. $50K deduction this year. ๐ฅ Thatโs what Trumpโs anticipated tax overhaul brings back, and itโs a game changer. https://x.com/i/status/1856847...
Example: You buy 3 ASIC miners for $10K each - $30K total. With 100% bonus depreciation, you deduct the full $30k this year, even if your mining income is minimal at only $5k. That creates a $25k paper loss, which you can use to offset income from your W-2 job or another business. Depending on your tax bracket, that could ๐๐ฎ๐๐ฒ ๐๐ผ๐ $๐ณ๐โ$๐ญ๐ฌ๐ธ ๐ถ๐ป ๐๐ฎ๐ ๐ฒ๐. And next year, your miners are operating profitably, stacking sats.
Hereโs the strategy: โ Buy mining rigs โ Deduct the full cost โ Create a paper loss โ Use that loss to offset income from your job, business, or investments Less tax. More sats. Simple as that.
Real estate investors have used this trick for decades. Itโs how Trump (and many others) legally paid $0 in taxes in past years. Now? Bitcoiners might get to use the same exact playbook, with hash power instead of houses.
Youโre already paying taxes. With this strategy, you can ๐ฟ๐ฒ๐ฑ๐ถ๐ฟ๐ฒ๐ฐ๐ ๐บ๐ผ๐ป๐ฒ๐ ๐๐ต๐ฎ๐ ๐๐ผ๐๐น๐ฑโ๐๐ฒ ๐ด๐ผ๐ป๐ฒ ๐๐ผ ๐๐ต๐ฒ ๐๐ฅ๐ฆ into buying an asset that ๐ด๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ฒ๐ ๐ถ๐ป๐ฐ๐ผ๐บ๐ฒ ๐ฎ๐ป๐ฑ ๐ฎ๐ฐ๐ฐ๐๐บ๐๐น๐ฎ๐๐ฒ๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป. Instead of losing that money foreverโฆ You put it to work.
Hereโs how to get started: 1. Set up an LLC ๐ 2. Partner with a co-location facility to host your miners ๐ 3. Buy ASICs and start mining โ๏ธ 4. Plan with a tax pro who understands Bitcoin and depreciation ๐จ๐ผ 5. File 100% bonus depreciation and lower your tax bill ๐งพ
Buying Bitcoin has been the go-to way to stack sats. But if this bill passes, mining might become part of your toolbag, especially if it helps cut down your biggest expense: taxes.
Not only does this support the network and push decentralization forwardโฆ It gives you more sovereignty in the process.
Iโm partnering with @megawatthq to help Bitcoiners execute this strategy. Theyโre vertically integrated, offer in-person tours, and have raving client references. Iโve been friends with their team for years, and their CEO is who first got me into Bitcoin. If youโre going to mine, Megawatt is who you want in your corner.
Interested? We both have special offers: โก๏ธ If you host with Megawatt and mention my name, youโll get 25% off your first month of hosting. โก๏ธ Also, if youโre diving into mining, Iโm offering a special discount on tax strategy and return prep to help you do it right. DM me or reply โMININGโ and Iโll point you in the right direction.
@megawatthq Find this helpful? Retweet the first post so more Bitcoiners can learn about this opportunity to mine and legally lower their tax bill. Earn sats. Pay less tax. Build freedom. ๐งโก๐บ๐ธ https://x.com/ArnielSia/status...




