Is Bitcoin mining legal?
The answer to this is, unfortunately, slightly more complicated than one might hope. There are a few reasons for the confusion. Firstly, Bitcoin mining isn't illegal in any way - it's just that most countries don't have any specific regulation about it. This can make it difficult for miners to establish where they stand legally because of how new the currency is and how fraught its status as a website is in many countries. Secondly, the possibility of Bitcoin miners being cut off from their electricity supply is a real one. Despite the relative newness of Bitcoin, there are already worrying reports of digital companies cutting off miners' power as a result of unpaid bills. This indicates that even under the best conditions, dealing with legal issues can be complex for miners – particularly those who are not located in Europe where Bitcoin mining has been legitimised in some countries. Legality: Less than Legal Mining, as it's currently understood, is not illegal i...