Is mining crypto legal in US? You may want to look into local regulations where you live, but for now, bitcoin mining is legal in the U.S. and most other countries, but not all U.S. states allow it.
Is mining crypto currency illegal? Bitcoin miners used to be arrested by law enforcement authorities, however in January 2018 Carlos Vargas, the government’s cryptocurrency superintendent said “It is an activity that is now perfectly legal.
Is it illegal to mine crypto in New York? Lawmakers in New York just passed a bill to ban certain bitcoin mining operations that run on carbon-based power sources.
Why is ny banning crypto mining? The legislation in New York comes after China cracked down on crypto mining last year, forcing some operations to relocate to the United States. Some miners are now reviving broken-down coal plants, or using low-cost natural gas, to power their computers.