How does tax farming affect cryptocurrency miners?

1 answers

• tarun udarOct 28, 2023 · 2 years ago
  At BYDFi, we believe that tax farming can be a double-edged sword for cryptocurrency miners. While it may offer certain advantages such as simplified tax compliance and reduced administrative burden, it also introduces additional costs and potential risks. As a decentralized exchange, we are committed to supporting the interests of miners and advocating for fair and transparent tax policies. We encourage miners to stay informed about the latest developments in tax farming and actively participate in discussions and decision-making processes that affect their operations and profitability.
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