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Crypto Mining by Country: 2026 Worldwide Guide

How crypto mining is typically taxed worldwide

Mining rewards are almost universally taxed as ordinary income at fair market value at the moment of receipt. The receipt forms cost basis for any future disposal, which may then trigger additional capital gains tax.

Key facts

  • Energy intensive — many jurisdictions impose moratoria or higher electricity rates on industrial mining.
  • Commercial-scale mining is typically treated as business income; hobby mining may be other/miscellaneous income.
  • Equipment, electricity, cooling, and facility costs are usually deductible for commercial miners.
  • A handful of countries explicitly ban mining (China since 2021; certain provinces in Kazakhstan, Kyrgyzstan periodically).

Pick Your Country

🇺🇸United States
Legal & Regulated

Crypto Mining in United States — rules, tax treatment, key facts.

🇨🇦Canada
Legal & Regulated

Crypto Mining in Canada — rules, tax treatment, key facts.

🇲🇽Mexico
Restricted

Crypto Mining in Mexico — rules, tax treatment, key facts.

🇧🇷Brazil
Legal & Regulated

Crypto Mining in Brazil — rules, tax treatment, key facts.

🇸🇻El Salvador
Legal Tender

Crypto Mining in El Salvador — rules, tax treatment, key facts.

🇬🇧United Kingdom
Legal & Regulated

Crypto Mining in United Kingdom — rules, tax treatment, key facts.

🇩🇪Germany
Legal & Regulated

Crypto Mining in Germany — rules, tax treatment, key facts.

🇫🇷France
Legal & Regulated

Crypto Mining in France — rules, tax treatment, key facts.

🇳🇱Netherlands
Legal & Regulated

Crypto Mining in Netherlands — rules, tax treatment, key facts.

🇨🇭Switzerland
Legal & Regulated

Crypto Mining in Switzerland — rules, tax treatment, key facts.

🇵🇹Portugal
Legal & Regulated

Crypto Mining in Portugal — rules, tax treatment, key facts.

🇪🇸Spain
Legal & Regulated

Crypto Mining in Spain — rules, tax treatment, key facts.

🇮🇹Italy
Legal & Regulated

Crypto Mining in Italy — rules, tax treatment, key facts.

🇵🇱Poland
Legal & Regulated

Crypto Mining in Poland — rules, tax treatment, key facts.

🇸🇪Sweden
Legal & Regulated

Crypto Mining in Sweden — rules, tax treatment, key facts.

🇦🇺Australia
Legal & Regulated

Crypto Mining in Australia — rules, tax treatment, key facts.

🇯🇵Japan
Legal & Regulated

Crypto Mining in Japan — rules, tax treatment, key facts.

🇸🇬Singapore
Legal & Regulated

Crypto Mining in Singapore — rules, tax treatment, key facts.

🇮🇳India
Legal but Heavily Taxed

Crypto Mining in India — rules, tax treatment, key facts.

🇨🇳China
Banned

Crypto Mining in China — rules, tax treatment, key facts.

🇰🇷South Korea
Legal & Regulated

Crypto Mining in South Korea — rules, tax treatment, key facts.

🇹🇭Thailand
Legal & Regulated

Crypto Mining in Thailand — rules, tax treatment, key facts.

🇲🇾Malaysia
Legal & Regulated

Crypto Mining in Malaysia — rules, tax treatment, key facts.

🇮🇩Indonesia
Legal Commodity

Crypto Mining in Indonesia — rules, tax treatment, key facts.

🇵🇭Philippines
Legal & Regulated

Crypto Mining in Philippines — rules, tax treatment, key facts.

🇵🇰Pakistan
Restricted

Crypto Mining in Pakistan — rules, tax treatment, key facts.

🇻🇳Vietnam
Restricted

Crypto Mining in Vietnam — rules, tax treatment, key facts.

🇦🇪United Arab Emirates
Legal & Regulated

Crypto Mining in United Arab Emirates — rules, tax treatment, key facts.

🇸🇦Saudi Arabia
Restricted

Crypto Mining in Saudi Arabia — rules, tax treatment, key facts.

🇹🇷Turkey
Restricted

Crypto Mining in Turkey — rules, tax treatment, key facts.

🇳🇬Nigeria
Restricted

Crypto Mining in Nigeria — rules, tax treatment, key facts.

🇿🇦South Africa
Legal & Regulated

Crypto Mining in South Africa — rules, tax treatment, key facts.

🇰🇪Kenya
Unclear

Crypto Mining in Kenya — rules, tax treatment, key facts.

🇪🇬Egypt
Banned

Crypto Mining in Egypt — rules, tax treatment, key facts.

🇮🇱Israel
Legal & Regulated

Crypto Mining in Israel — rules, tax treatment, key facts.

🇦🇷Argentina
Legal & Regulated

Crypto Mining in Argentina — rules, tax treatment, key facts.

🇨🇴Colombia
Legal & Regulated

Crypto Mining in Colombia — rules, tax treatment, key facts.

🇨🇱Chile
Legal & Regulated

Crypto Mining in Chile — rules, tax treatment, key facts.

🇵🇪Peru
Unclear

Crypto Mining in Peru — rules, tax treatment, key facts.

🇻🇪Venezuela
Restricted

Crypto Mining in Venezuela — rules, tax treatment, key facts.

🇦🇹Austria
Legal & Regulated

Crypto Mining in Austria — rules, tax treatment, key facts.

🇧🇪Belgium
Legal & Regulated

Crypto Mining in Belgium — rules, tax treatment, key facts.

🇩🇰Denmark
Legal & Regulated

Crypto Mining in Denmark — rules, tax treatment, key facts.

🇳🇴Norway
Legal & Regulated

Crypto Mining in Norway — rules, tax treatment, key facts.

🇫🇮Finland
Legal & Regulated

Crypto Mining in Finland — rules, tax treatment, key facts.

🇮🇪Ireland
Legal & Regulated

Crypto Mining in Ireland — rules, tax treatment, key facts.

🇨🇿Czech Republic
Legal & Regulated

Crypto Mining in Czech Republic — rules, tax treatment, key facts.

🇭🇺Hungary
Legal & Regulated

Crypto Mining in Hungary — rules, tax treatment, key facts.

🇷🇴Romania
Legal & Regulated

Crypto Mining in Romania — rules, tax treatment, key facts.

🇪🇪Estonia
Legal & Regulated

Crypto Mining in Estonia — rules, tax treatment, key facts.

🇱🇹Lithuania
Legal & Regulated

Crypto Mining in Lithuania — rules, tax treatment, key facts.

🇮🇸Iceland
Legal & Regulated

Crypto Mining in Iceland — rules, tax treatment, key facts.

🇷🇺Russia
Restricted

Crypto Mining in Russia — rules, tax treatment, key facts.

🇺🇦Ukraine
Legal & Regulated

Crypto Mining in Ukraine — rules, tax treatment, key facts.

🇹🇼Taiwan
Legal & Regulated

Crypto Mining in Taiwan — rules, tax treatment, key facts.

🇭🇰Hong Kong
Legal & Regulated

Crypto Mining in Hong Kong — rules, tax treatment, key facts.

🇳🇿New Zealand
Legal & Regulated

Crypto Mining in New Zealand — rules, tax treatment, key facts.

🇶🇦Qatar
Restricted

Crypto Mining in Qatar — rules, tax treatment, key facts.

🇧🇭Bahrain
Legal & Regulated

Crypto Mining in Bahrain — rules, tax treatment, key facts.

🇲🇦Morocco
Banned

Crypto Mining in Morocco — rules, tax treatment, key facts.