Mining Round Table [EP. 15] – Buying GPUs In the Current Crypto Market + Crypto Mining Taxes!



In today’s video the Host of Mining Round Table, Red Fox Crypto, ChumpChangeXD and The Hobbyist Miner discuss Buying Graphics Card in the Current Crypto Market. In addition the group deep dives into Crypto Mining Taxes, How they do their CryptoCurrency Taxes and More! In addition where to purchase Full Hashrate FHR GPU Mining Cards in 2022. Finally the group discuss their latest projects with Crypto Mining Sheds, Trailers and Garages. Enjoy today’s episode of episode 15 of Mining Round Table!

๐•๐ข๐๐ž๐จ๐ฌ ๐‹๐ข๐ง๐ค๐ฌ ๐Œ๐ž๐ง๐ญ๐ข๐จ๐ง๐ž๐ ๐ข๐ง ๐“๐จ๐๐š๐ฒ’๐ฌ ๐•๐ข๐๐ž๐จ
ChumpChangeXD Crypto Mining Youtube Channel
RedFoxCrypto Crypto Mining Youtube Channel

๐Ÿงฐ๐‹๐จ๐จ๐ค๐ข๐ง๐  ๐Ÿ๐จ๐ซ ๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐Œ๐ข๐ง๐ข๐ง๐  ๐‡๐š๐ซ๐๐ฐ๐š๐ซ๐ž? ๐‚๐ก๐ž๐œ๐ค๐จ๐ฎ๐ญ ๐ฆ๐ฒ ๐€๐ฉ๐ฉ๐ซ๐จ๐ฏ๐ž๐ ๐‹๐ข๐ฌ๐ญ


Clickbank Promo Tools

๐Ÿ’กTryout HIVEOS Entirely Free:

๐Ÿ€๐‹๐จ๐จ๐ค๐ข๐ง๐  ๐Ÿ๐จ๐ซ ๐€๐ข๐ซ๐Ÿ๐ฅ๐จ๐ฐ ๐ˆ๐ง๐ญ๐š๐ค๐ž ๐จ๐ซ ๐„๐ฑ๐ก๐š๐ฎ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ ๐Œ๐ข๐ง๐ข๐ง๐ ?
Use CheckOut Discount Code “TheHobbyistMiner” for 15% Off at
(Check The Hobbyist Miner Parts List above for a Grow Tent Starter Kit for New Miners)

๐Ÿ’ ๐๐ž๐ž๐ ๐†๐๐” ๐‘๐ข๐ฌ๐ž๐ซ๐ฌ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐Œ๐ข๐ง๐ข๐ง๐  ๐‘๐ข๐ ?
GPURisers.com or GPURisers.UK
Use Checkout DIscount Code “THEHOBBYISTMINER” for 10% Off your Entire Purchase.

๐Ÿ‘•๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ ๐Œ๐ข๐ง๐ข๐ง๐  ๐‚๐ฅ๐จ๐ญ๐ก๐ข๐ง๐  ๐’๐ž๐ž๐ง ๐ข๐ง ๐‡๐จ๐›๐›๐ฒ๐ข๐ฌ๐ญ ๐Œ๐ข๐ง๐ž๐ซ ๐•๐ข๐๐ž๐จ๐ฌ

Use Checkout DIscount Code “THEHOBBYISTMINER” for 10% Off your Entire Purchase.

๐…๐จ๐ฅ๐ฅ๐จ๐ฐ ๐“๐ก๐ž ๐‡๐จ๐›๐›๐ฒ๐ข๐ฌ๐ญ ๐Œ๐ข๐ง๐ž๐ซ ๐จ๐ง ๐’๐จ๐œ๐ข๐š๐ฅ:
โœ…Twitter –

๐‰๐จ๐ข๐ง ๐“๐ก๐ž๐‡๐จ๐›๐›๐ฒ๐ข๐ฌ๐ญ๐Œ๐ข๐ง๐ž๐ซ ๐ƒ๐ข๐ฌ๐œ๐จ๐ซ๐ ๐‚๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ ๐š๐ง๐ ๐“๐š๐ฅ๐ค ๐€๐‹๐‹ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐ข๐ง๐ข๐ง๐ !
โœ…Discord –

โœ‰ ๐„๐ฆ๐š๐ข๐ฅ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ข๐ž๐ฌ – TheHobbyistMiner@Gmail.com

#CryptoMining #GPUMining #CryptoTaxes

๐Ÿ“• ๐•๐ข๐๐ž๐จ ๐‚๐ก๐š๐ฉ๐ญ๐ž๐ซ๐ฌ ๐…๐จ๐ซ ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ž:
00:00 Mining Round Table Crypto Mining Podcast Show
00:20 Home Crypto Mining Podcast Show
01:00 Purchasing FHR Mining GPUs in 2022
02:40 Building a Crypto Mining Trailer
07:15 Building a Crypto Mining Shed at Home
12:40 Finding a Friendly Neighborhood Electrican
17:00 Buying GPUs In the Current Crypto Market
18:30 Is it Worth Selling Old Crypto Mining Graphics Card?
23:20 Growing the Crypto Mining Farm in 2022
25:10 Let’s Talk About Crypto Mining Taxes
35:00 More Crypto Mining Taxes Talk!
42:15 Building a Crypto Mining Garage
49:00 Is the Mining Community Still Buying GPUS?
52:00 Powering Off His Crypto Mining Farm
54:00 Whats in the PipeLine for some Our Upcoming Content

๐Ÿ“บ๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ ๐Œ๐ข๐ง๐ข๐ง๐  ๐˜๐จ๐ฎ๐ญ๐ฎ๐›๐ž ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ๐ฌ ๐ˆ ๐‘๐ž๐œ๐จ๐ฆ๐ฆ๐ž๐ง๐:
Altered Component: youtube.com/c/AlteredComponent
Bits Be Trippin’: youtube.com/c/BitsBeTrippin
Brandon coin: youtube.com/c/brandoncoin
ChumpChangeXD: youtube.com/c/ChumpChangeXD
DJ Mines:
HashRaptor: youtube.com/c/HashRaptor
Mining Chamber: youtube.com/c/MiningChamber
Red Fox Crypto: youtube.com/c/RedFoxCrypto
Red Panda Mining: youtube.com/c/RedPandaMining
Sebs Fintech Channel:
SerpentXSF: youtube.com/c/SerpentXSF
Son of a Tech: youtube.com/c/SonofaTech
TekShinji: youtube.com/c/TekShinji
The Life of a Miner: youtube.com/c/TheLifeofaMiner
VoskCoin: youtube.com/c/VoskCoin

๐Ÿ“›๐ƒ๐ข๐ฌ๐œ๐ฅ๐š๐ข๐ฆ๐ž๐ซ- I am not an “Expert”, I am learning along the way, just like you! Please do your own research, come to your own conclusions & make your own mistakes! Everything on this channel is for fun as a hobby and entertainment for you, the viewer.

source

32 thoughts on “Mining Round Table [EP. 15] – Buying GPUs In the Current Crypto Market + Crypto Mining Taxes!

  • June 8, 2022 at 4:05 pm
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    Just bought several GPU's

    Reply
  • June 8, 2022 at 4:05 pm
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    Wait wait wait…@ChumpChangeXD Mining & Crypto I think ur calculation is off…1/3 of the house is mining and crypto????? More like 1/2 ๐Ÿ˜‚

    Reply
  • June 8, 2022 at 4:05 pm
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    @Red Fox Crypto keep in mind that if u ever took profit of $100,000 at the end of the year that it could kick u into a different tax bracket and then you could owe more the next year because of that if that makes sense

    Reply
  • June 8, 2022 at 4:05 pm
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    Wi crew all of us miners with this merg

    Reply
  • June 8, 2022 at 4:05 pm
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    I think CC's mining trailer concept is awesome, because if he can get the heat under control, then he could just move his operation, and in my case, to a solar farm. ๐Ÿ˜‰ Great video!

    Reply
  • June 8, 2022 at 4:05 pm
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    Expensify… thank me later for tracking expenses

    Reply
  • June 8, 2022 at 4:05 pm
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    What you should do is collectively expand into a commercial building and hire employees for that. Allows you to keep buying GPUs without worrying about over expanding your house with reduced cost (since it would be a investment burdened by 3 individuals)

    Reply
  • June 8, 2022 at 4:05 pm
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    Thanks Guys, you opened my eyes to a side of this I never thought of……

    Reply
  • June 8, 2022 at 4:05 pm
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    I installed HIVE OS on a spare HDD following one of your videos. However, I've upgraded to an SSD and would like to repurpose the HDD now. How do I reformat the HDD back to the full 1TB it had previously and wipe all partitions so I can use it as a spare on my Windows PC???

    Reply
  • June 8, 2022 at 4:05 pm
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    Good stuff. Except the XRP hoodie. I don't know if I could wear that even if it was free. What's next? Squid Game merch? ;-p

    Reply
  • June 8, 2022 at 4:05 pm
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    loved the content. Would really like to hear real $$$ numbers that would help out a lot.

    Reply
  • June 8, 2022 at 4:05 pm
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    I'm looking at the numbers. Where they getting the 6600xt in the low 3s? I see them low 4s and up. Even used they still seem to be low 4s.

    Marketplace I can find the 580s for about $200

    Reply
  • June 8, 2022 at 4:05 pm
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    Its neat giving people info about this hobby. I had an old friend ask randomly if I knew anything about mining…. I had been watching you guys, red panda, Brandon coin for about a year, had 2×3070 fhr, a 3060v1, and a 1070. After some discussion my friend has a rig with a single 3060v1 with a goal of 8 total nvidia cards. Its interesting bringing someone into this. Thanks you guys for doing this for all the people you've helped get started. Imagine what that number is!

    Reply
  • June 8, 2022 at 4:05 pm
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    Definitely like hearing about the business side of things, as it is where I should be going as I've built up significantly over the last year, great ep!

    Reply
  • June 8, 2022 at 4:05 pm
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    @28:34 you are only required to show them the summary.

    Reply
  • June 8, 2022 at 4:05 pm
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    My understanding is that receipts are necessary for an audit. A credit card statement line item is not sufficient. Just an FYI. Pictures of receipts and stored digitally are sufficient.

    Reply
  • June 8, 2022 at 4:05 pm
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    Why not the A5000. No thermal pads plus great efficiency. Costs a little less than 3090

    Reply
  • June 8, 2022 at 4:05 pm
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    As someone who is just getting started (just got my business registered this week) I love hearing about the business side of things. You guys are awesome. Thank you.

    Reply
  • June 8, 2022 at 4:05 pm
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    Read the book Your Money or Your life. Best time to money thought process.

    Reply
  • June 8, 2022 at 4:05 pm
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    Can't wait for the electricians video!
    One of us, one of us.. ๐Ÿค‘

    Reply
  • June 8, 2022 at 4:05 pm
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    Very nice video guys!!! I am looking in to mining. Not experience at all but I think I am in the right path if I follow your guys steps!

    Reply
  • June 8, 2022 at 4:05 pm
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    Super helpful guys. For a hobbiest miner such as myself who only has 8 GPU's, a lot of this info was great to hear how others are doing it. I hope you guys keep doing these video podcasts. Thanks!!

    Reply
  • June 8, 2022 at 4:05 pm
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    RIP Newegg FHR cards ๐Ÿ˜†

    Reply
  • June 8, 2022 at 4:05 pm
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    Wait two years before you cash out anything. Taxes will be much cheaper

    Reply
  • June 8, 2022 at 4:05 pm
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    great video guys love this channel ill come baby sit those rigs when you go on vacation for 1/3 the eth lmaooooo enjoy the trip feel the pain of down miners

    Reply
  • June 8, 2022 at 4:05 pm
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    What's your opinion to cloud mining?

    Reply
  • June 8, 2022 at 4:05 pm
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    < Yes! I totally agree with what you are saying….The fact is, NFT and BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 11.6 BTC in just three weeks, with the trading strategy given to me by expert trader Davis Vert..

    Reply
  • June 8, 2022 at 4:05 pm
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    Good stuff guys. I'm still buying GPUs, started a side business selling rigs this year. Even with the imminent merge, I still get a lot of new miners that want to get into the space

    Reply
  • June 8, 2022 at 4:05 pm
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    Miners who need various styles can contact me I am a Chinese distributor

    Reply

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