Cryptocurrency Q&A Is Bitcoin mining legal legit?

Is Bitcoin mining legal legit?

BitcoinBaroness BitcoinBaroness Wed Nov 27 2024 | 7 answers 1770
I'm wondering if Bitcoin mining is legal and legitimate. I've heard mixed opinions about it and want to understand if it's a lawful activity that I can engage in without any legal repercussions. Is Bitcoin mining legal legit?

7 answers

charlotte_wilson_coder charlotte_wilson_coder Thu Nov 28 2024
Mining operations are governed by a complex mix of federal and state regulations.

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GinsengBoostPowerBoost GinsengBoostPowerBoost Thu Nov 28 2024
These regulations can vary significantly from one state to another.

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CosmicDream CosmicDream Thu Nov 28 2024
Cryptocurrency mining in the United States has entered a new legal landscape as of 2021.

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CryptoMercenary CryptoMercenary Thu Nov 28 2024
The activity is now recognized as legal within the country's borders.

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WindRider WindRider Thu Nov 28 2024
Taxation is one area where cryptocurrency mining in the US faces potential changes.

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