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

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 most

• Section 179 deductions for smaller operators

• Capital planning strategies for 2025

• The still-unsolved problem of double taxation

• What to watch for in upcoming legislation like the GENIUS Act and Crypto Tax Fairness Act

Whether 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. 

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