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A taxpayer is engaged in the activity of mining Bitcoin (a virtual currency) during the year. They received a net amount of $15,000 in transactions

A taxpayer is engaged in the activity of mining Bitcoin (a virtual currency) during the year. They received a net amount of $15,000 in transactions during the year and $1,500 in Bitcoin for compensation engaging in some freelance work. Which of the following best describes the amount and type of income connected to this activity

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