TechFlow News, February 24: According to TheStreet Roundtable, Beau Turner, CEO of cryptocurrency mining company Abundant Mines, stated that the reinstated bonus depreciation rule in the U.S. allows investors to immediately deduct the full cost of mining equipment—a tax strategy considered one of the most powerful in the cryptocurrency space.
Turner noted that legislation passed in July 2025 restored 100% first-year bonus depreciation for qualifying equipment, whereas under the previous framework only approximately 40% could be depreciated in the first year. This policy applies directly to Bitcoin mining rigs, enabling investors—who serve as the actual owners of the equipment—to claim full depreciation.
Turner emphasized that this tax deduction remains meaningful even for ordinary income earners: purchasing just a single mining rig can directly offset taxable income, with no income ceiling restrictions. While mining still entails operational and market risks, this tax policy has significantly altered investment calculations—making ownership of mining equipment not merely speculative but also a tax strategy grounded in long-term conviction.
