Luxor Technologies, a full-stack Bitcoin mining pool and data analytics firm, has partnered with Bitcoin Taxes to offer our miners automated tax reporting.
Luxor miners can now download a CSV file from their dashboard with their payouts and plug this file into the tax service; Bitcoin Taxes will take care of the rest!
Per the partnership, Luxor Miners can sign up with our referral link to receive 10% off a Bitcoin Taxes subscription. Bitcoin Taxes provides taxation services for the United States, Canada, the United Kingdom, Germany, Australia, New Zealand, and other jurisdictions that use first-in, first-out (FIFO) methods for averaging capital gains.
"We have been listening to our miners complain about the ever-increasing regulatory burden cryptocurrency miners face and we wanted to make their lives a tad easier. That's why we are excited to work alongside Bitcoin Taxes to provide a much-needed tax product to miners. Now miners will be able to easily connect their Luxor and Bitcoin Taxes accounts to automate all of their tax reporting," Luxor Chief Product Officer, Guzman Pintos, said.
We’re pleased to bring this feature to our mining community to simplify the taxation process for all!
Bitcoin Taxes referral link: https://bitcoin.tax/luxor
Luxor Technologies is a full-stack software firm, cryptocurrency mining pool, and data analytics provider which is on a mission to financialize hashrate. Our Bitcoin and cryptocurrency mining pools offer novel products like Catalyst, which allows miners to mine altcoins while receiving payment in bitcoin, and Switch, our proprietary profit-switching tool to maximize rewards for miners mining Equihash coins. Our Hashrate Index also features proprietary data indices for Bitcoin mining metrics, such as a miner profitability index, an ASIC pricing index, and more.
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