I report all my crypto earnings, just to be safe. My accountant told me that by law I even have to report my daily Hive earnings, converting each day to USD. It is considered regular income and so it's subject to the regular tax rate. As for a will... you know I should get on that too.
I think there is a point where I am going to have to start doing something like that. It's coming for sure. Although we will see what happens with regulations during the next four years.
I guess on the good side, if you report the HIVE income, that establishes a tax basis (I think that's the correct term) so that if you later have to report when you sell it, you can qualify for long term capital gains rate without the IRS giving you a hard time.
I don't honestly know what any of that means. That's why I have my brother in law do my taxes!