The one advantage to hobby income is that you don't have to pay self-employment tax on it. It also can't be a primary source of income.
Self-employment tax is the social security and Medicare owed on income that you have. It amounts to around 15% of your earnings.
If your hobby expenses are less than 15% of your earnings and your hobby income is definitely not a primary source of income for you then going ahead and entering the crypto mining as a hobby is fine. However, the IRS is paying closer attention to cryptocurrency than ever before. Be certain that you meet these qualifications for your income to be a hobby.
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