Banking for people who mine as a business

Mining & Hardware
#1

All,
What banks are you all using? Two banks turned me down already. I know I can say I do cloud computing BUT I don’t what to do business with a place that doesn’t want my business period. So what are you all doing for banking?

Thanks!!

#2

As far as accounts? Loans? Credit cards?

#3

Just like a checking account really.

#4

US Bank has been great on my end

1 Like
#5

First Command Bank has been good

Chase has been horrible even blocking transactions when using exchanges from my checking account

#6

Id imagine it depends on the staus of mining in different jurisdictions.
Once the government can tax it the banks shouldn’t take much issues

#8

Hi, I’ve also ran into this issue before where I got denied by every single bank you can imagine lol. The best way for you to go about it is cloud computing or data processing. Essentially, that is what you are doing when mining lol. Validating transactions and getting paid a service fee. I got mine approved with chase surprisingly. Best of luck bud

#9

@SmittyBoi215 - I work for CapitalOne and they are one of the better (meaning care about the customers) banks out there. Obviously, depending on where you are in the states, it may not be an option.