Could you elaborate on the tax treatment of
Bitcoin mining? I'm curious to understand how it's viewed by tax authorities globally, as well as the specific considerations one should make when calculating taxes related to mining activities. For instance, is Bitcoin mining treated as a form of income? Are there any specific deductions or credits that miners can claim? Additionally, how do the varying tax laws in different countries impact the profitability of mining operations? I'd appreciate any insights or recommendations you could provide to ensure miners are complying with tax regulations.