Bitcoin mining is business and if an operator could not make good money then the business would be looking somewhere else and I am sure that there will be smaller countries that can welcome miners with open arms like El Salvador or Paraguay, for that matter.

They can welcome them but they can't substitute the US and lawmakers in the US know that!

For example, Salvador is net importer of energy, and it gets a ton via gas burning, they have a FSRU ship anchored right there for this purpose:
https://lngprime.com/americas/el-salvador-fsru-completes-second-sts-lng-op/54554/

It's a thing of extra capacity available and not many countries can say ok, let's give you 50 TWH of electricity now!

Plus, there is a thing of cheapness, not only do these countries have to have extra energy but also cheap as hell!
Riot and Mara in their SEC forms have stated a price of 2 cents to 4 cents per kwh, those countries would need to offer just as much, and if we exclude a few little ones only Russia and Canada would comply with this!

And from here things get more complicated, the big guys are all listed on the stock exchanges, and that's how they secure financing, how would it look for a company listed on Nasdaq to move operations to Russia? Or Iran? Or China? Or...like half of the globe...
Plus, there is the tax thing, you don't get the same tax breaks as a foreign company in Bolivia, tax rebates, tax deductions on gear, tax deduction on losses, those are far more than 10%, big guys like hut8 or riot are running a constant loss

Pretax Income
$ -597.27M/$ -591.85M/$ -521.30M/$ -15.18M/$ -12.67M/$ -20.45M
Tax Provision
$ -5.09M/$ -5.09M/$ -11.75M/$ 254.00K/$ 0.00/$ -143.00K

A negative tax provision means Riot has paid only one year $254k, but they have claims for 20 million in deductions.

The big miners are trapped in the US, that's clear, they will either deal with the 10% increase, which is not that big, or try to optimize other costs.

For a quick TLDR
It's really really complicated!

Are miners not taxed at all before in USA?

Not if you're not making a profit....
https://www.riotplatforms.com/riot-platforms-reports-full-year-2023-financial-results-current-operational-and-financial-highlights/

momen hype koin hasil bounty atau airdrop hanya datang sekali saja, misalnya koin dari bounty HEX mungkin yang pernah ikut signature di forum bitcointalk dan di forum altcoinstalk juga ada.
Saat itu harga masih lumayan murah dan jumlah didapatkan setiap minggunya lumayan besar hingga beberaap bulan ke depan harga naik cukup tinggi sampai ratusan persen. Namun yang telat sell terpaksa harus gigit jari karena sampai sekarang turun lebih drastis dibandingkan sebelum kenaikannya dan sudah lama masih tetap sulit naik ke harga tinggi lagi.

Makannya dari dulu rata-rata bounty hunter langsung jual semua token bountynya saat pertama kali listing di exchange. Karena harga terbaik yaitu saat listing pertama kali. Setelahnya, kebanyakan token bounty akan terus menurun harganya. Apalagi jika developernya menghilang dan tidak pernah aktif lagi.

Ya, HEX salah satu contohnya. Ada banyak lagi seperti BP, GTN, dan lain-lain. Saya sempat mengalami beberapa kali kesalahan yaitu mencoba percaya ke timnya. Sayangnya karena terus hold, harga menjadi semakin turun dan sekarang sudah tidak berharga. Ini pelajaran untuk semua, jangan mudah percaya ke tim proyek baru.

Quote from: bitbit97 on April 22, 2024, 03:18:33 PM

Quote from: $crypto$ on April 21, 2024, 02:10:29 PM

Just like you, I have never experienced it and I think as long as we play in a place that has a high reputation and we obey the rules that apply at that casino, then we will never experience that, such as being refused payment and so on.

Because for me there must be a reason for the casinos to refuse payments from their users. I'm not sure if a reputable casino will simply refuse payment without any particular reason.

I think casinos dont necessary must be a highly reputable. Any casino pay winnings, as long as this casino does not look like a completely scam that was created in few hours only to steal gamblers deposits. I think that a person himself must put enough effort (and I would stress on "enough effort", as in a fight for a customer, casinos close eyes on little rules violations gamblers make) to get asked for kyc, find shady casino or have his withdrawals frozen.

No, bro, because I had an experience with my friend whose winnings were never paid by the casino, in fact my friend was kicked out and was never able to access his gambling account.

I forget the name of the site my friend played on, but I remember he played on one of the local sites. That's where the casino's reputation really determines whether they are trusted enough or not. Because just imagine when we win big but the casino doesn't want to pay and even kicks us, even though we never did anything wrong.

This is only about online casinos where the casino will refuse to pay your money if you win. Perhaps your friend went to a casino in your area after winning and came back without money because he was kicked out of the casino. But if you have any experience that you have won a substantial amount of money by gambling in an online casino but that online casino company has refused to give you a share of your winnings. I think online casinos don't do this kind of thing if we can gamble in a trusted casino.

I think it's only small investors who are switching to BNB and Solana, because the whales are still there, making ethereum still second on CMC. Whales never mind high gas fees, that's why they keep investing in ethereum.

We have big investors who have money invested in sol and ether but they are not as lousy as they push Bitcoin, some of them are just afraid of SEC coming after them for shilling security which they can later used against them.

I just think that all coins are good in their own regardless of how other coins performance, there will always be something unique about that coin. Solana is good for its speed no doubt about that and ethereum is more safe when it comes to security but they are both centralized in my opinion.

If those bitcoin miners were still holding bitcoins for a long time, they would have made huge profits by now. This is all also deducted from the costs they have to pay for mining, for example electricity costs, equipment, etc.

Of course, if they hold their Bitcoin since few years ago, they must get huge profits in this bullrun season. However, it is true that the miners must sell some of their Bitcoin for electric fees and other things. It is normal because it should be paid first, it is the capital of the miners. If I were a miner, I also do this.

most of these miners have participated in several bitcoin halvings, so they understand the habits of the 4 year cycle when the halving occurs

Indeed. The miners must understand the 4 years cycle. They know how long to keep the Bitcoin for taking profits. However, I'm not sure if all the miners will be quite patient to wait for some years.