Mining crypto

I want to start mining crypto in the US. I will buy machines in the US (thousands of dollars), host them in the US by a hosting company, they will charge me for all expenses to maintain, repair and have them 100% working for mining only. I will get crypto rewards every day based on my mining activity. Then I want to understand how I am going to be taxed in the UK. These crypto rewards could be up to £30-40k per year. With the cost of buying machines of £20-30k plus, £2-4k costs of utility bills, hosting fees, repairs, etc. I am currently in the UK and pay taxes here where I earn more than £100k yearly. Thanks for giving me advice as I am also considering opening and LTD business to be able to deduct all these expenses from mining, in case I cannot do it as an individual. Thanks

Hi,

You can find guidance here:

Cryptoassets Manual

Thank you.