What is Considered Mining? The Complete Guide

Table of Contents

Under UNFC Standards, mining is defined as:
"The systematic extraction of mineral resources for economic utilization through surface or underground operations."

Key elements include:

Explore AIXO's compliance framework for legal operations.

2. Qualified Activities

Activities legally classified as mining:

3. Traditional vs Modern Mining

Traditional:
- Physical resource extraction
- Requires heavy machinery
Modern:
- Data mining (analyzing 2.5 quintillion bytes daily)
- Blockchain validation through PoW/PoS

4. Blockchain Mining Explained

Crypto mining qualifies as mining under EU's MiCA Regulation when:

See how AIXO reduces energy thresholds by 70%.

5. Non-Mining Activities

These don't qualify as mining:

6. Regulatory Compliance

Global requirements include:

AIXO's smart contracts automate 89% of compliance tasks.

Frequently Asked Questions

Is crypto mining legal everywhere?

61% of countries regulate it, while 12% ban proof-of-work systems. AIXO complies with 90+ jurisdictions.

Does farming count as mining?

No. Agriculture involves renewable resources, unlike mining's extractive nature.

How deep is considered underground mining?

Operations below 50m depth typically require special permits under ILO Convention 176.