Btc mining firm incorporation

[Rougon-Macquart]

Hi,

Any advice on best legal form (LLC/S/C) and state to incorporate a new btc mining business?  I am starting the company in California but plan to expand in the US fairly quickly.

 

[YOSHIE]

There are several steps you must learn and take to expand your California based LLC mining.

So that you are free from all claims and laws that apply there.
You read the laws of California below.
HOW TO START AN LLC IN CALIFORNIA

Start an LLC in California with these Six Easy Steps

Step 1. Name Your California LLC
Step 2. Choose a Registered Agent in California
Step 3. File the California Articles of Organization
Step 4. File the Initial Statement of Information
Step 5. Create an Operating Agreement
Step 6. Get an EIN

I think the 6 points above are very necessary for you to do first, before you go on and expand to the US.

Point number 5 is very important for you to do.

What is an operating agreement? An operating agreement is a legal document outlining the ownership and operating procedures of an LLC.

Why are operating agreements important? A comprehensive operating agreement ensures that all business owners are on the same page and reduces the risk of future conflict.

[Rougon-Macquart]

Thank you, v useful.  Any thoughts on LLC vs S or C Corp?  Debt financing being a challenge for crypto mining, I will likely have to finance through equity...