Mining is a legal industry

1. Cheat, pay money into the member first, dig the mine can't trade, can't withdraw cash, I am cheated

2.

No illegal
in the bitcoin risk notice jointly issued by the people's Bank of China and other five ministries and commissions at the end of 2013, bitcoin is clearly defined as a special Internet commodity, and people can buy and sell it freely at their own risk. But it denies the monetary nature of bitcoin< The Article 143 of the general provisions of the civil law stipulates that "the civil legal act with the following conditions is valid:
(1) the actor has the corresponding capacity for civil conct< (2) the expression of intention is true< (3) it does not violate the mandatory provisions of laws and administrative regulations, public order and good customs. " The announcement of the seven ministries and commissions is neither a law nor an administrative regulation, and can not be used as a legal basis for judging whether a civil juristic act is valid or not; The law does not go back to the past. Therefore, the bitcoin transaction has legal effect, and the bitcoin obtained from the transaction is protected by law. Therefore, legal disputes arising from trading activities, including civil or criminal cases, should be subject to jurisdiction. Courts or public security organs can not refuse to accept bitcoin because they think bitcoin is not protected by law

extended information:

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transaction mode

bitcoin is e-cash similar to e-mail, and both parties need "bitcoin wallet" similar to e-mail and "bitcoin address" similar to e-mail address. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address. The following table lists some websites that download bitcoin wallets and addresses for free

a bitcoin address is a string of about 33 characters long, consisting of letters and numbers, always starting with 1 or 3, such as & quot& quot; Bitcoin software can generate address automatically, and it does not need to exchange information online when generating address, so it can be offline [2]. More than 2 bitcoin addresses are available. Figuratively speaking, there are about two grains of sand in the world. If there is an earth in each grain of sand, then the total number of bitcoin addresses far exceeds the number of all the sand on all these "earths"

the bitcoin address and private key appear in pairs, and their relationship is just like the bank card number and password. A bitcoin address is like a bank card number, which records how much bitcoin you have on it. You can generate bitcoin address at will to store bitcoin. When each bitcoin address is generated, a corresponding private key of the address will be generated. This private key proves that you have ownership of the bitcoin at that address. We can simply understand the bitcoin address as the bank card number, and the private key of the address as the password of the corresponding bank card number. Only when you know the bank password can you use the money on the bank card number. Therefore, please keep your address and private key when using bitcoin wallet

after the transaction data of bitcoin is packaged into a "data block" or "block", the transaction is initially confirmed. When a block is linked to a previous block, the transaction is further confirmed. After six block confirmations in a row, the transaction was irreversibly confirmed. Bitcoin P2P stores all transaction history in a "blockchain.". The blockchain continues to extend, and once new blocks are added to the blockchain, they will not be removed. Blockchain is actually a distributed database composed of a group of scattered client nodes and all participants, which is a record of all bitcoin transaction history. Nakamoto predicts that when the amount of data increases, users hope that not all the data will be stored in their own nodes. In order to achieve this goal, he uses the hash function mechanism. In this way, the client will be able to automatically eliminate those parts that it will never use, such as some very early bitcoin transactions

3.

As of July 24, 2020, the state has not issued any laws to prove that bitcoin mining machine is illegal

bitcoin mining machine is one of the ways to obtain bitcoin. Bitcoin is a kind of network virtual currency proced by open source P2P software

it doesn't rely on the issuance of specific monetary institutions, and it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction

extended data

the issue and transaction of bitcoin are realized by mining, and it is cast at a certain but slowing rate. Each new block is accompanied by a certain number of new bitcoin from scratch, which is used as a coinbase transaction to reward the miners who find the block

the reward for each block is not fixed. For every 210000 blocks mined, it takes about four years, and the currency issuance rate is reced by 50%. In the first four years of bitcoin's operation, each block created 50 new bitcoins. Each block creates 12.5 new bitcoins. In addition to the block award, the miner will receive a handling fee for all transactions within the block<

source: Internet - bitcoin mining machine

4. It's against the law and discipline, because some small mining enterprises also have laws and regulations to prohibit it. Besides, if you are a private miner, it's conceivable to break the law. Please refer to!

5. Hello, thank you, hope to adopt! Materials to be submitted for mining right grant application (1) registration form for mining right application 2) The map of mining area based on topographic and geological map or geological map (the inflection points are demarcated with the national rectangular 3-degree belt coordinates) 3) The development and utilization plan of mineral resources and examination opinions prepared by the unit with design qualification (the proction mine shall also have a report on the development and utilization of mineral resources) 4) Legal business license or indivial business license 5) Having the supporting materials of funds, technical personnel and equipment suitable for the scale of mine construction 6) When applying for the mining right of the state funded exploration of the ore procing areas, the relevant data for the evaluation and confirmation of the mining right shall also be submitted 7) Environmental impact assessment report and approval opinions of environmental protection department 8) Approval documents for the design of mine construction safety facilities approved by the provincial administration of work safety [for the paid transfer of proction mines, the non coal mines shall have the "work safety license" (or the certification documents of the provincial administration of work safety on meeting the conditions of work safety); Coal mines should have "proction license" and "safety proction license" (for reconstruction and expansion, the approval document for mine reconstruction and expansion issued by the Provincial Bureau of coal instry and the certification document for meeting proction conditions issued by Jilin coal mine safety supervision bureau) 9) Copies of the original record certificate of mineral resources and reserves assessment, the certificate of geological data collection and the registration certificate of mineral resources and reserves occupied 10) The certificate of the county (city) bureau about the setting of mineral rights (11) the responsibility table of the city (prefecture) bureau of land and resources 12) The neighboring agreement between adjacent mines (the neighboring agreement with inflection point coordinates is required) 13) Mine environment restoration treatment plan and review opinions 14) Land reclamation plan and review comments. Related fees: if you hold an exploration license, you don't need to pay the price. You only need to pay 200 yuan for the cost of the license and 1 square kilometer / 1000 yuan for the use of the mining right (≤ 0.5 square kilometer, 500 yuan). Thank you, hope to adopt!

6. Of course, it's legal. Although the state banned bitcoin trading last year, it's because some people use these investment channels to launder money. So banning bitcoin is not to say that bitcoin is not approved. And it has nothing to do with bitcoin mining, otherwise bitcoin will not go up. At present, there are thousands of mine owners in the market. It shows that this investment project is still profitable. In addition, if you have any questions in this regard, please feel free to consult me

7. It is certainly legal to go through formal examination and approval proceres

8. For virtual currencies like bitcoin, the attitudes of different countries are different. Some admit it, some regard it as a commodity, and some prohibit it by order. China should belong to the local two types, and can be traded as a commodity. However, this thing has great ups and downs, and there are no serious financial supervision institutions, and there are a lot of counterfeit coins and MLM coins. A lot of holes. Investment needs to be cautious.