Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Compass Mining

How the Big Beautiful Bill Impacts Bitcoin Miners: 100% Bonus Depreciation and What’s Next

28 Jul 2025

Description

On this episode of the Compass Mining Podcast, we’re joined by Nick Ward, CPA, Co-Founder of The Network Firm, to break down the hidden but powerful impact of the One Big Beautiful Bill Act on the Bitcoin mining industry.While the bill doesn’t mention Bitcoin directly, it introduces major tax code changes that miners need to understand, most notably, the return of 100% bonus depreciation. This tax break allows miners to fully deduct hardware purchases, including ASICs, servers, cooling equipment, in the same year they're placed into service, significantly improving cash flow and reducing tax liabilities.Nick and Compass Mining’s Nina Xiang walk through:How 100% bonus depreciation works — and who can benefit mostSection 179 deductions for smaller operatorsCapital planning strategies for 2025The still-unsolved problem of double taxationWhat to watch for in upcoming legislation like the GENIUS Act and Crypto Tax Fairness ActWhether you’re running a large-scale mining facility or just getting started, this episode offers critical insights on how to optimize your tax position under the new law. Subscribe! Follow us on X, Linkedin, and Spotify. 

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.