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Author Topic: Started a mining LLC, bank needs a NAICS code?  (Read 153 times)
mining our business (OP)
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March 09, 2018, 07:29:31 PM
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Hello all. So I have started a business with a friend of mine and we are at the stage where I need to make a business checking account with a bank. On the application they need a NAICS code, which is a number that shows what industry or service you are a part of. I've looked at the industries and the closest I have come is the information sector. Do any of you guys have a small business? What code did you all use?
cdmkultra
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September 28, 2019, 11:56:46 PM
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The recommended NAICS code for this sector is 518210 (Data processing, hosting, and related services).   Keep in mind that this code is a bit imprecise and does not differentiate between cryptocurrency mining and other data hosting activities.
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