I just stumbled across this and I'm not sure if it's posted anywhere else but, here goes anyway.

Basically you're copying the 'This PC' CLSID and creating a DelegateFolder for the HomeFolder.

In the Registry, navigate to HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows\CurrentVersion\Explorer\HomeFolder\NameSpace\DelegateF olders
There, you should see three other keys, 'Recent Items', Frequent Folders' and 'Favorites'.
Now, if you don't want the Home folder to look a mess when you open File Explorer and you don't utilize Recent Items or Frequent Folders anyway, they can be turned off in Task Bar Properties/Start Menu tab.
The Favorites key, however, you'll have to delete, so Export/make a backup of it. You'll also need to grant yourself Full Control Permissions to delete the key, a tutorial of which can be found elsewhere on this site.
Now, if you're comfortable with that, all you need to do is right click on DelegateFolders, choose New ► Key and paste the This PC CLSID:
{20D04FE0-3AEA-1069-A2D8-08002B30309D} and click OK.
Then, with that entry highlighted, go to the right pane and double click on 'Default' and enter the value: This PC and click OK.
Close the Registry and re-open Explorer and all 'This PC' entries should show in the Home folder without an extra 'This PC' icon on the task bar.
You could also 'sort by' and 'group by' different methods to clean up the folder further.