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1 contribution to BITCOIN Proof of Workshop 🔥 ₿
Accelerated Depreciation is SO BACK 🧮
🚀 Exciting news for Bitcoin miners: accelerated depreciation got a massive boost with the One Big Beautiful Bill Act of 2025, signed into law on July 4, 2025. 📜 This legislation reinstates 100% bonus depreciation 💯 allowing miners to deduct the full cost of qualified hardware—like ASIC miners, cooling systems, and power setups—in the year it’s placed in service, instead of spreading it over five years under standard depreciation schedule . 💻 It applies to property acquired on or after January 20, 2025, and before January 1, 2030, and covers both new and used equipment as long as it’s new to your operation and used for business. 🔄 Why’s this beneficial? It dramatically improves cash flow by slashing taxable income upfront—e.g., spend $100,000 on rigs and deduct it all in year one, potentially saving $37,000 in a 37% bracket. 💰 This frees up capital for scaling operations, offsetting energy costs, or weathering market volatility. ⚡ Miners can leverage this for hardware with a recovery period of 20 years or less, making it ideal for tech-heavy ops. 🛠️ Anyone jumping on this for their mining fleet? 📈 Not Financial Advice (NFA): This is for educational purposes only. Tax laws are complex and vary by situation. Consult a qualified tax professional to ensure compliance and tailor this strategy to your specific needs. ⚠️
Accelerated Depreciation is SO BACK 🧮
2 likes • Aug 25
@Colby Noe looks great to me! Such an incredible opportunity.
1-1 of 1
Jordan Guess
1
3points to level up
@jordan-guess-9668
CPA and Bitcoiner

Active 106d ago
Joined Sep 10, 2024