Bitcoin mining is illegal


The legality of Bitcoin mining depends entirely on its geographic location. Because bitcoin is not a fiat currency, government control over financial markets is under threat. So bitcoin mining can be a crime in some countries, you can find those countries where mining is prohibited by researching countries where cryptocurrencies are prohibited. Some examples of places where it is illegal are Algeria, Egypt, Morocco, Bolivia, Ecuador, Nepal and Pakistan. .

In the United States bitcoin mining is legal, that means you can mine your precious bitcoins without worry.

In many states in the United States, it is perfectly legal to buy Bitcoins. In 2013, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FINCEN) guidelines stated that it is legal to invest in Bitcoin and use it as a form of payment, as long as the seller of the goods or services is willing to accept it.

Many U.S. states…

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