By collocating with a former or existing industrial facility, mining companies can take advantage of the site’s power infrastructure and skip the interconnection queue. While this creates new business opportunities for industrial firms with available facilities, hosting cryptocurrency mining operations will generate a number of legal issues. Guide for cryptocurrency users and tax ... - canada.ca For this purchase, Francis used 2.5061 Bitcoins, which were trading at $8,220 per unit on that day, or the equivalent of $20,600. We consider that Francis disposed of those Bitcoins. Francis originally bought those Bitcoins for $15,000 and exchanged them for 100 units of Ethereum at a …