Here is what could result from a decrease in taxes or specific credits for miners of #BTC Trump's share:
✅ 1. Immediate deduction of equipment:
The bill states “#BigBeautifulBill $ Senate restores the deduction at 100% for capital investments, which would allow a miner to depreciate the entire cost of their equipment in the year of purchase, rather than over several years.
👉 Impact: immediate reduction in tax bill, cash flow boost, incentive for expansion.
🪙 2. Relief from double taxation on mining and staking
The Senate is considering an amendment aiming to tax only at the time of sale the gains from mining/staking, thereby avoiding double taxation.
👉 Impact: tax simplification for miners, likely increase in net yields.
🌱 3. Modification of renewable energy credits
Part of the plan provides for the gradual elimination of certain credits related to solar energy, which could increase the production costs of solar electricity by 10–15% for miners using these sources.
👉 Impact: reduction in green energy savings, potentially higher unit costs.
🌍 4. Favorable macroeconomic effect for cryptos
The overall plan includes significant tax cuts and spending. In this context, Bitcoin and cryptos often benefit from a renewed interest.
👉 Impact: possible increase in BTC price, which indirectly benefits miners.
📝 In summary
100% Deduction Increases miners' margins and cash flow
Taxation only at sale Reduces tax complexity and improves net yields
Reduction of solar subsidies = increase in green energy costs
Inflationary stimulation Potentially bullish for BTC price
👉 Tax cuts for miners = positive for their profitability,
increase in costs related to solar energy = limits certain benefits.