[ Bitcoin ] Bitcoin mining legalized in Venezuela; National Pool included
Topic originally posted in Bitcoin by hcarpach [link]
hcarpach your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].
There are no clear regulations regarding mining activity of cryptocurrencies. The government has issued instructions regarding bitcoin investment and has warned that bitcoin is not regulated. Even after the instruction of RBI, still, the Bitcoin investment or trading is not illegal in India. Mining is just like developing a software and there is no regulation in this regard. Therefore till now the mining activity is also legal in India Source: Bitcoin Forum
Algeria. Illegal – If you live in the Northen African nation of Alergia, you aren’t allowed to buy, sell or possess any form of cryptocurrency. The declaration was made in the Algerian “Journal Officiel” on December 2017. All types of cryptocurrency, like Bitcoin is illegal, and breaking the law is punishable by both law and force. By and large bitcoin mining is a perfectly legal activity. Even in a few countries that do regulate the use of bitcoin, such as Iceland, mining bitcoin is still legal. Many countries, including most African countries, have not passed any legislation for or against bitcoin, and have generally remained silent on the issue. For the most part, yes, bitcoin mining is most likely legal in your jurisdiction. However, there are some places around the world where possession and use of bitcoin are illegal and bitcoin mining is illegal as well. Through North America and Western Europe, bitcoin is relatively accepted by legal authorities and some laws have been passed to ... Bitcoin mining is the process of updating the Bitcoin blockchain or the ledger. It is also the method through which new bitcoins enter the whole ecosystem. Bitcoin miners put their resources (time, electricity, equipment, computation, etc.) to validate new transactions and hence mine new ‘blocks’ (blocks are a group of transactions). As of February 2020, Bitcoin was legal in the U.S., Japan, the U.K., Canada, and most other developed countries. In general, it is necessary to look at Bitcoin laws in specific countries.
Noob's Guide To Bitcoin Mining - Super Easy & Simple - YouTube
Does bitcoin facilitate illegal trading? Sure, St. Louis Fed Economist David Andolfatto says, but so does the U.S. dollar, gold, etc. Bitcoin transactions tr... Some Helpful Links: • Buy Parts for a Mining Rig: http://amzn.to/2jSSsCz • Download NiceHash Miner: https://www.nicehash.com/?p=nhmintro • Choose a Wallet: h... In this Video: The End of Bitcoin Mining - Crypto Mining is DEAD Tags: bitcoin mining, bitcoins investment, mining rig, mining bitcoins, crypto investor, cryptocurrency investing, brucewannng ... New Free Bitcoin Mining Site 2019 SignUp Bonus 0.001 BTC Earn Daily 100$ Live Payment Proof Website Joining Link: https://luxmine.biz/?ref=hasnainkhanallin... For more information: https://www.bitcoinmining.com and https://www.weusecoins.com What is Bitcoin Mining? Have you ever wondered how Bitcoin is generated? T...