Good day, dear crypto community! Great news, now it will be easier for miners to answer the question "What do you do for a living?" - the answer "I work in cryptocurrency" is now "mainstream". President Vladimir Putin has legalized cryptocurrency mining. He signed a law that will allow this activity to be legalized in Russia from November. Let's go and take a closer look.
Is mining now completely in the white field?
Putin Gives Green Light to Crypto Mining in Russia
And so it happened!
Putin has signed a law that opens the door to the legalization of cryptocurrency mining in Russia starting in November.
Now everyone who wanted to do this business but was afraid of breaking the law can breathe a sigh of relief.
So, who can become a miner now? The first in line are legal entities and individual entrepreneurs who are included in the register of the Ministry of Digital Development. But do not despair if you do not belong to these categories. Ordinary citizens and individuals can also engage in mining if their energy consumption does not exceed the limits set by the government. For example, if you are going to install a couple of boxes at home, then you do not need to register them.
What about energy consumption limits? If you remember, earlier it was said about 15 kWh per household. If so, then for most "home miners" nothing will change. And those who consume more than 15 kWh, most likely, already have an individual entrepreneur or LLC and they just need to register.
So now when you say you work as a "miner", it sounds like a real job or business, and no one can laugh at you, calling you unemployed or a parasite. After all, it is now an officially recognized profession in Russia!
This is a brief summary of what is written in the law, you can study the official document in detail on the Internet. Federal law approved on August 2, 2024.
Federal Law of 08.08.2024 No. 221-FZ
🎙I plan to hold a Stream on Saturday, August 10 at 15:00 and answer your questions. There we will also touch on the topic of mining, if you want to do this, then come to the broadcast, ask questions. I will inform you about the place of the broadcast here.
#binance #Mining
