Incorporating a BTC mining business

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darkguruHero Member
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#1Oct 3, 2021, 11:24 AM
Hey everyone, Looking for some tips on the best legal structure (LLC, S-Corp, C-Corp) and which state is ideal for setting up a new BTC mining operation. I'm kicking things off in California but I plan to grow the business across the US pretty soon.
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the_kingHero Member
Posts: 435 · Reputation: 2048
#2Oct 3, 2021, 01:51 PM
There are several steps you must learn and take to expand your California based LLC mining. So that you are free from all claims and laws that apply there. You read the laws of California below. HOW TO START AN LLC IN CALIFORNIA I think the 6 points above are very necessary for you to do first, before you go on and expand to the US. Point number 5 is very important for you to do.
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darkguruHero Member
Posts: 849 · Reputation: 4147
#3Oct 3, 2021, 05:30 PM
Thank you, v useful.  Any thoughts on LLC vs S or C Corp?  Debt financing being a challenge for crypto mining, I will likely have to finance through equity...
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