You need to sit down face to face with a local tax pro. For starters, the IRS has next to nothing in guidance on this. For example, are you self-employed and would therefore report the income on SCH C? Or, since all you do is "sit there" doing nothing while the mining computer processes work units and making money, (you hope), is the income passive and therefore reported on SCH E? I am not qualified to provide an answer to those questions. So you need to talk to a professional that you can hold personally culpable and legally liable for the information they give you.
