No huge server will generate anything useful Bitcoin mining at all.
A single current asic miner is millions of times faster than a CPU and hundreds of thousands of times faster than a GPU.
Topic: Is mining any kind of crypto illegal in Europe? (Read 95 times)
Does anyone know if it is legal in Europe more specifically in Germany or France? As I was starting to think about doing this I had seen that there are companies that sell bitcoin VPS:
To complement Biffa's answer, you can have an idea of which countries are more "open" to BTC by visiting an article on Wikipedia entitled - Legality of bitcoin by country or territory[1]No matter how "huge" your server will be, I would seriously check all the "math" before heading straight into mining Bitcoin with it. As Biffa said, it might take some time before you start generating profits from your server rig, and unless you have a very good deal regarding electricity costs - besides your rig specifications - then I'll think twice before heading into this venture.
[1]https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
Hi there
I am building a rather huge server to start mining crypto. Does anyone know if it is legal in Europe more specifically in Germany or France? As I was starting to think about doing this I had seen that there are companies that sell bitcoin VPS:
https://www.routerhosting.com/bitcoin-vps
But technically speaking you can not mine anything with them and they will ban your VPS. What is the deal here?
There are no legal issues with mining crypto in Germany or FranceI am building a rather huge server to start mining crypto. Does anyone know if it is legal in Europe more specifically in Germany or France? As I was starting to think about doing this I had seen that there are companies that sell bitcoin VPS:
https://www.routerhosting.com/bitcoin-vps
But technically speaking you can not mine anything with them and they will ban your VPS. What is the deal here?
Those companies just let you buy VPS with bitcoin, not mine bitcoin with a VPS
Doesn't matter how big your server is, you can't mine bitcoin with any type of computer or graphics card, see https://bitcointalksearch.org/topic/bitcoin-mining-intro-rules-of-this-subforum-read-before-posting-2415854
You may be able to mine alt coins, but that would mean your question belongs in another part of the forum.
Hi there
I am building a rather huge server to start mining crypto. Does anyone know if it is legal in Europe more specifically in Germany or France? As I was starting to think about doing this I had seen that there are companies that sell bitcoin VPS:
https://www.routerhosting.com/bitcoin-vps
But technically speaking you can not mine anything with them and they will ban your VPS. What is the deal here?
I am building a rather huge server to start mining crypto. Does anyone know if it is legal in Europe more specifically in Germany or France? As I was starting to think about doing this I had seen that there are companies that sell bitcoin VPS:
https://www.routerhosting.com/bitcoin-vps
But technically speaking you can not mine anything with them and they will ban your VPS. What is the deal here?
Jump to: