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> “It was cheaper for them to rent a house to pay for that electricity.”

I had a similar thought.

1) Unforeseen: When they checked-in they didn't know 'for sure' that they will make that $100k, otherwise they would do it at home and avoid the pain.

2) Showing off: How does she know for a fact that 'they made $100k'? Perhaps they wanted to show off by saying something stupid like 'hey we made $100k in a week so we don't care about the $1.5k', in which case, is anyone from the IRS reading this?

3) IRS: Someone who is stupid/shady enough to do this, is not 100% legit on all their 'business practices'



> in which case, is anyone from the IRS reading this?

The IRS doesn't care if you lie to random strangers about how much money you have.


But in the off chance these guys actually made 100k in a week by renting AirBnBs and moving desktops/servers/rigs then they might as well try to fly under the radar...

If I was the IRS and wanted to find out crypto miners I would (among other controls) ask energy companies that provide electricity to retail (flats/homes/etc) to give me the outliers/extreme-right-of-the-bell-curve. It doesn't make sense that someone living in a studio of 30sqm to have a £500 monthly electricity bill unjustifiably.


In many countries no one pays taxes for crypto mining/trading. They might be foreigners, or the money might be held as crypto overseas.

(Agreed with the other points though)




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