How to mine legally

1.

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

2.

It's not against the law

The laws and administrative regulations in China do not prohibit the proction, holding and legal circulation of bitcoin, nor do they prohibit the sale of bitcoin mining machines

2. The investment and transaction of "virtual currency" represented by bitcoin are on the rise. For this kind of virtual goods generated in the Internet environment after the development of Internet technology, there are policy and commercial risks in related transactions. However, under the premise of not violating the mandatory provisions of laws and administrative regulations, the contract signed by the parties is a valid contract

3. Bitcoin is generated by "miner" and "mining", and "miner" can be assumed by anyone in any place in the world. "Mining" is a process in which "miner" provides certain computer computing power according to the open source software provided by the designer, and obtains the special solution of the equation through complex mathematical operations, The miner who gets the special solution gets a certain amount of bitcoin reward

Because bitcoin is based on workload proof, it is related to computing power. To have computing power, we need to consume power, so its power consumption is very large. It is precisely because of such a large power consumption that the safe and stable operation of bitcoin system can be guaranteed

extended information:

according to the data of btc.com website, up to now, the computing power of the whole bitcoin network is about 51.65 eh / s, which is equivalent to 1.84 million bitcoin S15 (28T computing power, 1596w power) mining machines in operation, and the daily power consumption is about 69.92 million kwh. Divided by the current proction of 1800 bitcoins per day, excluding other costs, each bitcoin will consume 38800 kwh of electricity. "

from this point of view, although the current price of bitcoin is expensive, the cryptocurrency market website coinmarketcap.com shows that the current unit price is about $7900, but the cost of mining a bitcoin is not low at all

3. 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!

4. 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!

5. 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

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

7. It's not against the law<
in the notice of the people's Bank of China
Ministry of instry and information technology
China Banking Regulatory Commission
China Securities Regulatory Commission
China Insurance Regulatory Commission on risk prevention of bitcoin (Yin Fa [2013] No. 289), in addition to clarifying the attributes of bitcoin as a network virtual commodity, the notice mainly specifies the following contents:
first, the, It is clearly required that all financial institutions and Payment institutions at this stage shall not carry out business related to bitcoin, price procts or services with bitcoin, buy or sell bitcoin as central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability
Second, Internet sites that explicitly require bitcoin registration, trading and other services should be filed with the telecommunications regulatory authorities, and earnestly perform the anti money laundering obligations, identify users' identities, and report suspicious transactions
thirdly, relevant departments, financial institutions and Payment institutions are required to correctly use the concept of money in their daily work, pay attention to strengthening the ecation of the public's knowledge of money, and incorporate the concepts of correct understanding of money, correct treatment of virtual goods and virtual money, rational investment, reasonable control of investment risks, and maintenance of their own property security into the content of financial knowledge popularization activities, To guide the public to establish a correct concept of money and investment
extended information:
the notice requires that at this stage, all financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin as a central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, and shall not directly or indirectly provide customers with other services related to bitcoin
including bitcoin registration, trading, clearing, settlement and other services for customers; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc
according to the notice, bitcoin Internet sites, as the main trading platform of bitcoin, should be put on record in the telecommunications regulatory agency in accordance with the provisions of the Telecommunications Regulations of the people's Republic of China and the measures for the administration of Internet information services
at the same time, in view of bitcoin's high risk of money laundering and being used by criminals, the circular requires relevant institutions to earnestly perform legal anti money laundering obligations such as customer identification and suspicious transaction report in accordance with the requirements of anti money laundering law of the people's Republic of China, so as to effectively guard against bitcoin related money laundering risks
source of reference materials:
five ministries and commissions including the people's Bank of China and the government of China issued the notice on preventing bitcoin risk
five ministries and commissions including the China securities regulatory network and the central bank issued the notice on preventing bitcoin risk

8. 1 hour and 5 minutes subway line 5 → 980 road
Yijing get on the bus | walk 1.08 km | 15.09 km | ticket price 4 yuan

Bibo garden in Luohu District
walk 681 meters to Yijing details
subway line 5 (Central line) (Huangbeiling Qianwan)
get on Yijing C exit
6 stations
get off Shuijing C exit
walk 49 meters, Arrive at the details of Shuijing road
980 (West square of Shenzhen East Railway Station - Buji xialilang terminus)
get on the Shuijing road
12 stops
get off the hengtemei Science Park
walk 353 meters, Details of arriving at the destination
Juyin science and Technology Instrial Park
1 hour and 12 minutes m508 → m363
get on the train in reservoir new village | walk 1.12 km | 16.36 km

1 hour and 17 minutes subway line 5 → subway line 3 → m363
Yijing get on the train | walk 1.17 km | 15.48 km | fare 4 yuan

1 hour and 18 minutes 308 → 980
Bibo garden get on the train |530 m | 16.72 km walk

1 hour and 21 minutes subway line 5 → route 977
Yijing boarding | 1.73 km | 15.23 km walk | fare 3 yuan

9. Mineral resources belong to state-owned assets. Any natural person or organization operating mining must apply to the relevant departments of the state for a franchise license, strictly perform the relevant obligations and responsibilities, and carry out safe proction. Only in this way can the mining of natural resources be carried out legally and legally.

10. The unit goes to the personnel office to check the archives