I mined a cryptocurrency during a prefarm meaning it was not listed on any exchanges and therefore had 0 value at the time of being mined. After a few months the prefarm ended and the coins suddenly had a value as exchanges listed it.
I’m from the U.K. and from what I’ve read mined crypto is taxed as income at the time of receiving it. Does this mean I pay no tax on the coins I mined in the prefarm? Or does it mean that I’m taxed at the initial price when the first exchange listed it? Thanks.