This week on The Blockware Podcast, Mitchell Askew interviewed Arniel Sia, CPA and Founder of Open Path Finance. They dive deep into the tax implications of Bitcoin mining — bonus depreciation, offsetting W2 income, business income, capital gains, and more.
This 30-minute conversation provides a succinct yet detailed overview of how Bitcoin Mining is a unique and advantageous tool when it comes to minimizing your tax liabilities. Stack Bitcoin and reduce your taxes — what’s not to love?
Click here to learn more about the tax benefits of Bitcoin Mining with Blockware.
However, Bitcoin Mining outshines across the board: higher returns, faster depreciation schedule, more liquid, more scalable, fewer operational risks. Moreover, Bitcoin Mining allows you to accumulate the best performing asset of the past decade: BTC. Over the past 1 year, 3 years, 5 years, and 10 years, BTC has significantly outperformed real estate – with the average home value down ~88% in BTC terms since Q2 2020.