@claytons
According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) Division of Corporation Finance clarified its views on proof-of-work (PoW) mining, believing that such activities do not constitute securities sales as long as they meet certain criteria.
The SEC stated in a statement on March 20 that crypto asset mining associated with public, permissionless networks should not be considered securities. This view applies to independent miners and mining pools that participate in the consensus mechanism.