Disclaimer: The opinion expressed here is not investment advice — it is provided for informational purposes only. It does not necessarily reflect the opinion of U. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose. Bitcoin mining is concerned with how transactions are verified and confirmed on the Blockchain network and this is done using special tools and equipment. A Bitcoin mining software works in collaboration with the relevant hardware to solve computational algorithms on the network and execute these transactions. Becoming a Bitcoin miner involves getting the best Bitcoin mining software.
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OK, so I just moved to NYC a few months ago. Are there cryptocurrencies that I CANNOT purchase as a NY state resident? There is no place on earth a resident of New York can go to legally buy BTC from an unlicensed seller. Period. I started with Coinbase in in NYC. I was able to buy crypto last month with my NY address still on there.