What are some of the gotchas for mining Bitcoin in America? 

Let's start with the fundamental concepts here, even though Bitcoin mining is protected as free speech under the 1st amendment and the right of use of property under the 5th amendment, we still have to comply with all local state and federal law. And that means to the T, every detail.  

Here's something that happened recently in the news. It was reported that a Bitcoin miner was potentially violating regulations from the EPA. The natural gas that was coming out of the ground to power a genset to power a data center turns out they didn't have the permits necessary to consume that natural gas.

The permit for the natural gas was only for extraction. This is a very good example of how if you don't understand the complexity of what you're getting into, it can burn you down the road. So instead of having a permit to use that natural gas for operation on site, it was only for extraction. That's one way that the bureaucracy can get you.

There are hundreds, literally hundreds of those scenarios that can happen to you in any jurisdiction. So the critical thing to remember here is stay compliant, get experts on your team, know the law and keep mining Bitcoin. 

Stay tuned for more tips as we talk about Bitcoin mining every day.