I mine on nicehash and get paid in bitcoin which i send to my coinbase account, which then in turn i exchange it to another coin.
So my questions are:
1) will a taxable event get triggered when i exchange from btc to another coin say ADA?
2) is a taxable event when i receive btc on nicehash?
3)Is it better to mine on unmineable and just get paid out in my desired coin , like will that trigger less taxable events?
Any input will be greatly appreciated as I’ve only been mining for about 3 months and just worried about tax time.
Thanks everyone
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