Those who perform the mining processes are paid in the cryptocurrency that they are validating. Canadian mining law is location-dependent and there are many many locations.
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Countries where Ethereum is legal On a positive note there are at least 111 states where Ethereum and other cryptocurrencies are recognized under the law and have a certain legal status.
Is mining ethereum legal in canada. The income tax treatment for cryptocurrency miners is different depending on whether their mining. For instance the United States and Canada hold a generally crypto-friendly attitude towards cryptocurrencies. 10 provinces and three territories each with its own laws and.
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