Crypto mining contracts as securities

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Crypto mining contracts as securities	607
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First, we have theoretically derived an equilibrium relationship between cryptocurrency price, mining rewards and mining costs, and blockchain security outcomes. cryptocurrency rewards generated from a specific ASIC, proof-of- work cloud-mining contracts should not be treated as a security in. On November 2, a Connecticut jury found that a series of digital-asset products linked to a cryptocurrency mining operation did not count as securities.