[ 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
Hey so i live in new york state and i was just wondering if the law requirement to get a license for bitcoin applies to an individual like me or if it only applies to official businesses? Also i think the way the mining works in part is that the computer somehow verifies transactions between other individuals or something like that. Could I end up getting in trouble if one of those transactions ended up being a part of some illicit activity? PS all im personally looking to do is mining to generate coins. Please post any relevant info. Thanks!
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). In a few countries, however, bitcoin mining, as well as the possession and use of bitcoin is illegal. If you live in North America and most of Western Europe, bitcoin mining, as well as possession, is not only legal, but local regulatory frameworks actually provide certain protections and basic oversight. In essence, Bitcoin mining is a process that results in the update of the blockchain, or the ledger. By going through the process, the miner receives new, previously unreleased Bitcoin tokens, and thus gives them a way into the Bitcoin ecosystem. To mine Bitcoin, a miner has to use various resources at their disposal in order to validate BTC transactions. Those resources include things like ... Bitcoin Mining ist das neue Goldschürfen: Als Miner, also Schürfer, verdienen Sie virtuelles Geld dafür, dass Sie Ihre Rechnerleistung zur Verfügung stellen. Allerdings ist hierfür so einiges ... Bitcoin Mining hat sich mittlerweile zu einem lukrativen Geschäft entwickelt. Vorausgesetzt, man lebt in einem Land mit akzeptablen Stromkosten oder kann die Energie günstig selbst erzeugen. Das meiste Bitcoin Mining wird in China betrieben, da dort Stromkosten und Infrastruktur günstig sind.
Where do Bitcoins come from, and what is Bitcoin "mining"? Peter van Valkenburgh, Director of Research at Coin Center, explains the role of miners in a syste... What it really takes to mine a Bitcoin in 10 Minutes. Firstly I'll show you a special free method to mine Bitcoin and send funds directly to your wallet in 1... 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... Un metodo disonesto e illegale per fare Bitcoin sulle spalle di altri da evitare assolutamente! ISCRIVITI http://www.youtube.com/user/BlackGeekTutorial?sub... Is Mining City Legit or a scam. Here I answer most questions people are asking about Mining City the Bitcoin mining operation in Kazakistan. Mining City is a...