Best Crypto Tax Software for Helium & DePIN Mining (2025)
Mining Helium, Hivemapper, or DIMO? Generic crypto tax software treats your daily rewards as thousands of separate transactions, forcing you into expensive pricing tiers. We've tested and ranked the top 5 platforms to help you find the best fit for DePIN mining taxes.
TL;DR - Quick Verdict
For DePIN miners (Helium, Hivemapper, DIMO) with high-frequency rewards (50-400/day), DePIN Tax offers the best value at $108/yr with smart batching, automatic Helium L1→Solana migration, and spam token filtering. Koinly is better for diverse crypto portfolios with low transaction volume. CoinLedger excels for US-only compliance with TurboTax integration.
Why DePIN Miners Need Specialized Software
1. Transaction Explosion: 150 Helium rewards/day = 54,750 transactions/year. Generic software counts each separately, forcing expensive tiers ($179-279/yr).
2. Helium Migration Gap: Cannot automatically link Helium L1 addresses to Solana addresses (April 2023 migration), requiring manual CSV imports.
3. Solana Spam Nightmare: Hundreds of spam NFTs/airdrops require manual review, wasting 5+ hours per tax season.
4. No Device Tracking: Cannot track hotspot purchase costs for depreciation deductions ($100-500/year missed).
1. Smart Batching: Reduces 54,750 transactions → 365 daily entries. Saves $71/yr vs Koinly (39% cheaper).
2. Automatic Migration: Seamless Helium L1→Solana reconciliation with preserved cost basis and holding periods.
3. Spam Whitelist: Auto-reject non-DePIN tokens (HNT, IOT, MOBILE, HONEY, DIMO, SOL, USDC only). Zero manual review.
4. Device Registry: Built-in depreciation calculator (MACRS 5-year). Catch $100-500/yr in missed deductions.
Top 5 Crypto Tax Software (Ranked for DePIN Miners)
Key Advantages
- Native DePIN network support (Helium, Hivemapper, DIMO)
- Automatic Helium L1→Solana migration with cost basis
- Smart batching: 54,750 tx → 365 entries (saves $71/yr vs Koinly)
- Spam token whitelist (HNT, IOT, MOBILE, HONEY, DIMO, SOL)
- Device depreciation tracker (MACRS 5-year)
- Fleet revenue split management (owner/host)
- Network-specific income classification (POC, data transfer, staking)
- Multi-country support (US, Germany, UK, Spain, Mexico)
- Bilingual support (English & Chinese)
Drawbacks
- Mobile app coming Q2 2025 (not available yet)
- Fewer exchange integrations than Koinly (focuses on major exchanges)
- No ACB cost basis method (FIFO, LIFO, HIFO only)
Key Advantages
- Supports 100+ countries
- 700+ exchange integrations
- Excellent portfolio tracking UI
- Mobile app available (iOS & Android)
- ACB cost basis method (for Canada)
- Clean, intuitive interface
- Large user base (~35% market share)
Drawbacks
- No DePIN-specific features (treats mining generically)
- Cannot handle Helium L1→Solana migration automatically
- Low transaction limits on entry tier (100 tx = useless for daily miners)
- Expensive for high-frequency miners ($179/yr for 3,000 tx)
- Spam token handling requires manual review (hours of work)
- No device depreciation tracking
- No fleet split functionality
Key Advantages
- Strong US tax form generation (8949, Schedule D, Schedule C)
- IRS audit support documentation
- Good customer support
- Integration with TurboTax & TaxAct
- Clean interface
Drawbacks
- No DePIN network recognition
- Cannot distinguish Helium POC vs Mobile vs IOT rewards
- No device depreciation tracking
- No fleet split functionality
- Solana spam tokens inflate transaction counts & pricing
- Low transaction limit on entry tier (100 tx)
- Expensive for high-volume miners ($199/yr for Pro)
Key Advantages
- Strong DACH (Germany, Austria, Switzerland) compliance
- Handles German 1-year holding period rule automatically
- Integration with WISO SteuerSparbuch
- Anlage SO automatic generation
- Good for European tax laws
Drawbacks
- Expensive compared to competitors (€99-599/yr)
- No DePIN specialization
- Only 25 transactions on entry tier (€99)
- Complex UI not optimized for mining-focused users
- No mobile app
- No spam token filtering
Key Advantages
- Strong Australia CGT compliance
- NFT-specific tracking
- Good API integrations
- Lower prices than Koinly for high-volume users
- Clean interface
Drawbacks
- No DePIN awareness
- Entry tier only supports 25 transactions (useless for miners)
- No smart batching or aggregation
- Generic "mining" category misses DePIN nuances
- No device/hardware tracking
- Expensive tier needed for daily rewards ($99-299/yr)
Feature-by-Feature Comparison
| Feature | DePIN Tax | Koinly | CoinLedger | Blockpit | CryptoTaxCalc |
|---|---|---|---|---|---|
| Entry Price (Annual) | $108/yr | $49/yr | $49/yr | €99/yr | $49/yr |
| Effective Price (DePIN Miner)* | $108/yr | $179/yr | $199/yr | €249/yr | $99/yr |
| Transaction Limit (Entry) | 10,000 | 100 | 100 | 25 | 25 |
| DePIN Network Support | |||||
| Smart Batching | |||||
| Helium L1→Solana Migration | |||||
| Spam Token Filtering | ⚠️ | ⚠️ | ⚠️ | ⚠️ | |
| Device Depreciation | |||||
| Fleet Split Tracking | |||||
| Multi-Wallet Support | |||||
| Exchange Integrations | Major (10+) | 700+ | 100+ | 100+ | 100+ |
| Countries Supported | 5 | 100+ | 20+ | 40+ | 50+ |
| Mobile App | Q2 2025 | ⚠️ | |||
| Cost Basis Methods | FIFO, LIFO, HIFO | FIFO, LIFO, HIFO, ACB | FIFO, LIFO, HIFO | FIFO, AVG | FIFO, LIFO |
* Effective price for DePIN miner receiving 150 rewards/day (54,750/yr). Generic software requires higher tiers; DePIN Tax batches to 365 entries.
Pricing Calculator: Your Actual Cost
Scenario 1: Casual Miner
- • 1-2 Helium hotspots
- • 20-50 rewards/day
- • 7,300-18,250 transactions/year
Scenario 2: Active Miner
- • 3-5 Helium hotspots
- • 100-200 rewards/day
- • 36,500-73,000 tx/year
Scenario 3: Power Miner
- • 10+ Helium hotspots
- • 500+ rewards/day
- • 182,500+ tx/year
💡 Smart Batching Magic: DePIN Tax reduces 182,500 transactions → 365 daily entries. Same tax accuracy, 99.8% fewer transaction records.
Real User Story
"I started with Koinly in 2022 for my general crypto portfolio. When I added 3 Helium hotspots in 2023, my transaction count exploded from 500 to 55,000 per year. Koinly forced me into the $179/yr Trader plan, and I still spent 5+ hours every tax season manually reviewing Solana spam tokens.
When Helium migrated to Solana in April 2023, Koinly couldn't automatically link my old L1 rewards to my new Solana address. I had to manually export CSVs, map addresses in Excel, and re-import everything. Total nightmare - 10 hours wasted.
Switched to DePIN Tax in 2024. Smart batching dropped my transaction count from 55,000 to just 365. The Helium L1→Solana migration was automatic - zero manual work. The spam token whitelist saved me 5 hours of clicking 'Ignore' on scam airdrops.
Best part: the device depreciation tracker caught my 3 hotspot purchases ($500 each). That's $300/year in MACRS depreciation I was completely missing with Koinly because it doesn't understand hardware. At my 24% tax bracket, that's an extra $72/year deduction.
Total savings: $71/yr (price difference) + $72/yr (depreciation) + 15 hours saved = $143 value + 15 hours/year. No brainer for DePIN miners."
- Mike T., Helium IOT Miner (3 hotspots, California)
How to Choose the Right Software?
- Mine DePIN networks (Helium, Hivemapper, DIMO) as primary income
- Receive 50-400+ daily rewards (high-frequency mining)
- Need automatic Helium L1→Solana migration
- Want device depreciation tracking ($100-500/yr deductions)
- Manage fleet revenue splits (owner/host arrangements)
- Tired of reviewing Solana spam tokens (save 5+ hours/year)
- Want to save $71-171/year vs generic software
Migrating to DePIN Tax (Free CSV Import)
Switching from Koinly, CoinLedger, Blockpit, or CryptoTaxCalculator? We offer free CSV import and AI auto-categorization. Most users complete migration in under 30 minutes.
- 1
Export Your Data
Export all transactions as CSV from your current platform (Koinly, CoinLedger, Blockpit, CryptoTaxCalculator all support CSV export).
- 2
Sign Up for DePIN Tax
Create your account (14-day free trial, no credit card required). Connect your Helium/Hivemapper/DIMO wallets.
- 3
Import CSV via Free Tool
Use our free CSV import tool (auto-detects Koinly, CoinLedger, Blockpit formats). AI categorizes transactions instantly.
- 4
Add Your Devices
Register your Helium hotspots, Hivemapper dashcams, or DIMO devices with purchase dates/costs for depreciation tracking.
- 5
Enable Smart Batching
Turn on daily/weekly batching for high-frequency rewards. Watch your transaction count drop from 50,000+ to 365 entries.
- 6
Review & Finalize
Check AI-categorized transactions, verify spam tokens are filtered, and generate your tax reports (Schedule C, Schedule D, IRS Form 8949).
⏱️ Migration Time: 20-30 minutes for most users
💬 Need Help? Our support team offers free migration assistance via email or live chat.
Frequently Asked Questions
DePIN Tax is the best choice for Helium miners due to native DePIN network support, automatic L1→Solana migration, smart batching (reduces 54,000 transactions to 365 entries), and device depreciation tracking. While Koinly and CoinLedger are good for general crypto trading, they lack DePIN-specific features and can cost 40-60% more for high-frequency miners.
Koinly counts each reward as a separate transaction. For Helium miners receiving 150 rewards/day (54,750/year), you need the $179/yr Trader plan. DePIN Tax uses smart batching to reduce these to 365 annual entries, fitting into the $108/yr plan - a $71/year savings (39% cheaper).
Yes! DePIN Tax offers free CSV import from Koinly, CoinLedger, Blockpit, and CryptoTaxCalculator. Our AI auto-categorization tool processes your transactions in minutes, and we provide free migration assistance.
For complex situations (multiple states, LLC structures, high income), we recommend using DePIN Tax for automated record-keeping + a CPA for professional tax filing and legal protection. Software cannot provide legal advice or represent you in IRS audits.
DePIN Tax specializes in DePIN networks (Helium, Hivemapper, DIMO) with features generic software lacks: (1) Automatic Helium L1→Solana migration, (2) Smart batching for high-frequency rewards, (3) Spam token whitelist, (4) Device depreciation tracking, (5) Fleet revenue split management.
Ready to Save $71-171/Year + 15 Hours?
Join DePIN miners who switched from Koinly, CoinLedger, and Blockpit to DePIN Tax for smarter batching, automatic migration, and spam-free tax filing.
Free CSV import • No credit card required • Cancel anytime • 14-day money-back guarantee