Hi guys! I am a mining noob based in Hong Kong and was recently introduced to Compass Mining ([https://compassmining.io/](https://compassmining.io/)) by a mate from the US. It looks very promising and I have been considering getting started with them. But then I haven’t been able to find any clear guidelines on taxation for individual miners in HK. Can anyone share any wisdom on this topic?
* How would tax work for an individual in HK who uses a service like Compass Mining (based in the US) to mine crypto? Note that Compass offers many options for mining farms located across US, Canada and several other countries.
* Would I need to pay tax even if I don’t convert my mined bitcoins to fiat?
* Would I need to pay any tax to the US if I pick a farm located there?
* Lastly, any advice on mining bitcoin using such a service in general will also be highly appreciated!
Thanks a lot in advance!