What are Taxes for Mining $BTC in Space?

What are Taxes for Mining $BTC in Space?

By nealmcspadden | Neal's Corner | 25 Sep 2020


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

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nealmcspadden
nealmcspadden

Just an anarcho-capitalist living the good life.


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