Crypto Mining as several have said earlier can be either hobby or a business depending on how you do it. However, if the activity is a hobby, you will report the income on Schedule 1, line 8 of Form 1040. The income won't be subject to self-employment tax, but you won't be able to deduct expenses associated with your hobby.
The self-employment tax rate is 15.3%. That rate is the sum of 12.4% for Social Security and 2.9% for Medicare.
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