Quote from: Hueristic on Today at 09:46:13 PM

Quote from: xhomerx10 on Today at 09:34:10 PM

Quote from: JayJuanGee on Today at 06:57:07 PM

Quote from: xhomerx10 on Today at 03:49:19 AM

Quote from: philipma1957 on Today at 03:15:17 AM

Quote from: Hueristic on Today at 12:14:13 AM

not sure I understand this.

As a miner must I check what pools are licensed?

I don't think so. It would be provable that the sats sent to you were proceeds from newly minted block rewards - I can't see how they could possibly imply money laundering in this case.

BTC sent to hashers is a product of block rewards and fees that might be paid by money launderers... Arguably miners are facilitating the money-laundered derived transactions.

~snip

Block rewards don't exist until mined and as for the fees, the on-boarding with fiat is already FINCEN'd which is why there are no non-KYC exchanges dealing in US currency and also why they're seeking a jail term for ChangPeng Zhao. Going after miners to prevent money-laundering would be a duplication of efforts and while the US gov't (or any gov't is not above wasting money and duplicating efforts it's more often than not for political rather than criminal reasons ie healthcare, education, taxation. Anyway, there is documentation on virtual currency mining and it always points back to this document:

https://www.fincen.gov/resources/statutes-regulations/administrative-rulings/application-fincens-regulations-virtual-0

There's a phone number at the bottom philipma1057 can call directly for proper advice rather than relying on my (likely flawed) interpretation.

It's always political manipulations sold as criminal protection.

But what about the children!?!?!?

exactly. also people will die !!1!

what a classic ...

Remy: People Will Die!
https://www.youtube.com/watch?v=eXWhbUUE4ko