Are bitcoin mining machines illegal?

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Is Bitcoin Mining Profitable or Worth it in 2022? The short answer is yes . The long answer… it’s complicated. Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms.

The legality of Bitcoin mining depends entirely on your geographic location. The concept of Bitcoin can threaten the dominance of fiat currencies and government control over the financial markets. For this reason, Bitcoin is completely illegal in certain places .