In Venezuela, the registration of miners will begin

To begin with, mining is illegal in Venezuela, since the country is actively arresting illegal cryptocurrency miners, who are charged with articles on money laundering, illegal enrichment and computer terrorism, therefore, against the general background, the official registration of miners looks like a great step not to lose your own property and don't go to jail.

In Venezuela, the registration of miners will begin

So far, the government of the South American country offers to go through official online registration, in which the unlucky entrepreneur will have to provide his own data and describe the equipment used to extract cryptocurrency. Venezuelan authorities believe that registration is a legal protection for miners, which will protect the miners and formalize their status.

However, users do not hide their displeasure and do not want to register. This behavior is not caused by public coverage of one's own person, but by the possibility of enslavement, which can be seen in the requirements of the government. So, American experts found that the declaration of the present mining equipment will allow the authorities to calculate the income of citizens and tax each person with an individual income tax.

Naturally, this approach does not suit miners who have acquired expensive ASICs on credit and dream of quickly repaying the debt to banks, rather than giving money to a well-thought-out government.