Tax & Regulation
When does HMRC consider mining a "trade" vs a "hobby"?
| Badge of Trade | Hobby | Trade |
|---|---|---|
| Profit motive | No clear intent | Clear business plan |
| Frequency | Occasional | Continuous 24/7 |
| Scale | Single GPU in gaming PC | Multiple rigs, dedicated space |
| Modifications | Stock hardware | Custom builds, optimised |
🎯 Dedicated 24/7 mining with records and a selling strategy strongly supports trade status.