[ Bitcoin ] Bitcoin mining legalized in Venezuela; National Pool included
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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
Bitcoin Mining – Legal Or Illegal? There is a way to answer this shortly and quickly, and that answer is yes, it is legal to mine Bitcoin. However, it is legal to mine it only in those countries where Bitcoin itself is legal. There are also countries that have made Bitcoin, and probably most other (if not all) cryptocurrencies illegal. Is Bitcoin Legal Tender? Legal tender is defined as money that must be accepted as payment for a debt in the jurisdiction where the payment is being made. Because bitcoin is not recognized as legal tender by any government, it can only be used as payment if both parties in a transaction agree to its use as a form of payment. 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. Kindly send any such request to [email protected] By sending an inquiry to [email protected], you expressly consent and agree that any and all such communications become the sole property of Bitcoin.com and that Bitcoin.com shall have the right, in its sole discretion, to publish or disseminate any such communications, regardless of the ... 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 ...
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... In this video you will find 😍HOW TO GET FREE BITCOINS 2020 FREE😎 BITCOIN MINING SITES WITHOUT INVESTMENT 2020 In this video i will share one website to get... Touring the largest Bitcoin Mines in North America and showing you what goes into building these giant power hungry crypto currency farms with electricity & cooling. This video was originally ... 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... 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 ...