Abundant Mines CEO says Bitcoin mining now offers 100% first-year tax write-off
As tax season approaches, Bitcoin mining is drawing renewed attention for reasons that have little to do with hash rate or price forecasts. Changes to U.S. tax law have turned mining equipment into one of the most aggressive write-off strategies available to investors willing to own the hardware.
During a recent interview with TheStreet Roundtable, Beau Turner, CEO of Abundant Mines, said the shift began in mid 2025, when full bonus depreciation was restored for qualifying equipment.
Related: Popular Bitcoin m
As tax season approaches, Bitcoin mining is drawing renewed attention for reasons that have little to do with hash rate or price forecasts. Changes to U.S. tax law have turned mining equipment into one of the most aggressive write-off strategies available to investors willing to own the hardware.
During a recent interview with TheStreet Roundtable, Beau Turner, CEO of Abundant Mines, said the shift began in mid 2025, when full bonus depreciation was restored for qualifying equipment.
Related: Popular Bitcoin m
2 months ago
