jenkemjunkie » user profile

Member Since 06/08/2015
Last Seen 24/06/2021
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A person with 1 GPU casually mining would not have to declare any tax on it. It would be considered a hobby.
24/06/2021 - 12:40
What’s stupid is you claimed some 30% tax rate on capital gains…which turns out you were actually talking about the corporate tax rate,…
24/06/2021 - 11:27
Yes it is. But now we are delving into the whole business side and away from your premise that your paying over 30% tax on crypto gains not…
24/06/2021 - 09:59
its not a lot less tax than personal income lol. It is literally in the same tax brackets as an individual if you are running as a sole…
24/06/2021 - 09:45
You said over 30% tax unless you have an abn. So what does the unless you have an abn thing mean? And it’s still wrong because it depends…
24/06/2021 - 09:35
I run a 10ghs mining farm. I’m very aware of the tax implication of cryptocurrency mining. Let’s just agree that you thought 30% tax…
24/06/2021 - 09:16
I’m sure you were. If some 18 yo is mining on his card and makes $5k a year off it and that’s his only job. You know how much he pays?…
24/06/2021 - 09:08
Not disputing the having to pay the tax thing. Just the amount of tax. An individual without an ABN would be taxed in the same tax brackets…
24/06/2021 - 08:49
That’s if you run it as a corporation / company. If you are a sole trader / individual it’s not this
24/06/2021 - 08:28
No it’s not necessarily this. Only if you are registered as a company. The tax you pay can be dependant on the tax bracket you end up in.…
24/06/2021 - 08:27
100k CC no job? Ring the issuing CC provider as you can get the interest stopped. Or I’d just default on the credit card as it’s…
04/06/2021 - 18:23
Be a weapon at excel. That’s all you need.
19/05/2021 - 12:33
Even better. No need for contraception!
15/05/2021 - 13:13
Does it improve your autism? I’m thinking of getting it as a booster shot to increase mine. Feels like it’s fading.
14/05/2021 - 09:22
Superloop FTTC 50/20: Actual 51.4/13.8
30/04/2021 - 08:47
Start a jenkem farm and actually enjoy life
25/04/2021 - 16:05
Just ghost them.
19/04/2021 - 05:46
I’d buy a card that has been used strictly for mining over a casual gamer’s card any day. The cards miner’s use are ran with constant…
11/04/2021 - 16:04
6700XT has a smaller memory bandwidth than 5700XT
09/04/2021 - 07:20
I prefer thriving on Centrelink
02/04/2021 - 22:28
24x3070s here. Did you change the thermal pads on your 3080s?
23/03/2021 - 23:09
When I couldn’t get nbn at my house I had to rely on 4G. I got the Telstra ultimate sim with unlimited data (they don’t offer it…
24/02/2021 - 18:58
It’s only terrible advice if you aren’t financially prudent. The financial prudent are the ones that look for these loopholes to…
20/02/2021 - 14:23
This is an excellent tip. I used similar thinking back in the day when I was working 2 jobs. I claimed the tax free threshold for both jobs…
20/02/2021 - 00:45
Duly noted 👍
08/01/2021 - 20:28
Look again. It’s at 50k
08/01/2021 - 19:43