Topic: Ukraine to Legalize Crypto Mining as Economic Activity - page 4. (Read 493 times)
This is a piece of good news despite the red days we are having in all altcoins price movements. A very big boost for cryptocurrency very soon other eastern European countries will follow Ukrainian footsteps and do same. The future is for the cryptocurrencies.
I agree with the previous postmaker. Mining is quite profitable at a low cost of electricity. Ukraine is among counries with such a situation in electric power industry. That's why legalization of mining will benefit the citizens of this country.
depends on the electricity costs i guess? i heard it's cheaper there for the most part, so it might work out
"The government in Kiev has taken concrete steps to legalize cryptocurrency mining. Ukraine’s Minister of Economy has ordered several ministries, agencies, and the National Bank to prepare the documents necessary to include mining in the state register of economic activities. "
https://news.bitcoin.com/ukraine-to-legalize-crypto-mining-as-economic-activity/
Thought this was pretty interesting.
But is crypto mining even profitable at this point? Idk if it's worth it for btc, maybe some other alcoins?
What do you think?
https://news.bitcoin.com/ukraine-to-legalize-crypto-mining-as-economic-activity/
Thought this was pretty interesting.
But is crypto mining even profitable at this point? Idk if it's worth it for btc, maybe some other alcoins?
What do you think?
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