# SEC Finally Specifies Proof-of-Work Mining Does Not Involve Securities Offering

*Author: Bankless*
*Published: Mar 21, 2025*
*Source: https://www.bankless.com/fr/read/sec-finally-specifies-proof-of-work-mining-does-not-involve-securities-offering*

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The SEC has determined that proof-of-work mining does not involve the offer or sale of securities, drawing a clear line between mining activities and regulatory concerns. 

## **What’s the Scoop?**
- **SEC Clarifies Mining Rules**: The SEC has officially stated that proof-of-work mining does not constitute the offer or sale of securities, separating it from typical regulatory oversight applied to other crypto activities.
- **Mining Pools Addressed**: The SEC also considered the implications of mining pools, where participants combine their processing power and divide rewards, affirming these do not imply securities offerings either.
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