[ 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
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). 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 – 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.
HOW TO GET FREE BITCOINS 2020 FREE😎 BITCOIN MINING SITES ...
https://bit.ly/2uehZf3 https://bit.ly/2BjoUa7 https://bit.ly/2P1tNsD https://bit.ly/2UaAmMb bitcoin sell or buy contact us https://t.me/onlinetrust https://f... 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... 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... 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... 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 ...