The SEC just ruled that proof-of-work mining doesn't fall under securities law. 

Was this expected? And what does this mean for the crypto ecosystem?

SEC says proof-of-work mining does not implicate US securities laws

unusual_whales

The SEC just ruled that proof-of-work mining doesn't fall under securities law. 

Was this expected? And what does this mean for the crypto ecosystem? 

https://x.com/unusual_whales/status/1902837301648166938

Reporter and writer. I cover energy, climate change and geopolitics. Contact me via my website www.alexanderckaufman.com and subscribe to kaufman.substack.com.

I think trump wants mining industry to come back to the US by using tax exemption carrots

could be -bullish- for mining US companies that will have a better profit ratio mostly (?)

also new mining companies from overseas could move some of their infra (idk)

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us is still 40% hash power, china around 20%

kazahasatn govt has free electricity and the country accounts for 13%

mostly should go where there's cheap/renewable energies avaialble (cost of running this in electricity bills is still the main cost, not taxes)