Title: Dear Indian Miners Post by: thegreatvsb on August 23, 2018, 08:06:19 AM We have many mining communities, pools, groups around the world, most of them are country base but we dont have any Indian based only pool/site/group. Why should we guys be behind of all in this, I urge you guys that we all should make a pool/group for cryptocurrency discussion or mining. Many of us mine coins like XMR/Zec/BTG so why dont we start an Indian Based Pool & earn together with everybody's help.
What do you think guys, comment below. Cause UNITY is STRENGTH! Title: Re: Dear Indian Miners Post by: cryptodeveloperexpert on August 31, 2018, 02:20:52 PM Dear the greatvsb
i totally agree with you. we should create our own mining pool, mining groups and all related to this . i am willing to support in this. please let me know your ideas and how we can achieve this? Have a good day Title: Re: Dear Indian Miners Post by: thegreatvsb on September 03, 2018, 05:09:05 PM Dear the greatvsb i totally agree with you. we should create our own mining pool, mining groups and all related to this . i am willing to support in this. please let me know your ideas and how we can achieve this? Have a good day We will need a each of a linux expert, software developer & website builder & lots of fellow miners. Thats it! & we are ready to prosper! Title: Re: Dear Indian Miners Post by: abhibtccc on November 07, 2018, 05:45:34 AM We have many mining communities, pools, groups around the world, most of them are country base but we dont have any Indian based only pool/site/group. Why should we guys be behind of all in this, I urge you guys that we all should make a pool/group for cryptocurrency discussion or mining. Many of us mine coins like XMR/Zec/BTG so why dont we start an Indian Based Pool & earn together with everybody's help. What do you think guys, comment below. Cause UNITY is STRENGTH! I agree & I am thinking what sort of contributions will be needed for this purpose. Title: Re: Dear Indian Miners Post by: btcdevil on November 07, 2018, 10:31:30 AM The main problem is that Cryptocurrency usage is banned in India and coming openly to state that you are doing mining means you will come to picture as it is illegal to mine cryptocurrency in India.
Your idea is good but for that it should be legal to use cryptocurrency. Title: Re: Dear Indian Miners Post by: eaLiTy on February 11, 2019, 12:34:36 AM The main problem is that Cryptocurrency usage is banned in India and coming openly to state that you are doing mining means you will come to picture as it is illegal to mine cryptocurrency in India. As far as i understand there is no legislation that says that cryptocurrency mining is illegal, the only news till now is that the RBI has come up with a circular to the banks asking them to stop dealing with crypto currency exchanges, first thing with India is that the climate is not conducive for mining, you need to spend a huge amount of money to keep the machines cool because of the climate, there are places with cool climate but is it possible, i am not sure. Your idea is good but for that it should be legal to use cryptocurrency. Title: Re: Dear Indian Miners Post by: jacklink1 on February 12, 2019, 11:10:07 AM In India, main problem is no body work openly in bitcoin or any other blockchain project. Authorities also not agree and none of law on this. Indian people scare from this.
Title: Re: Dear Indian Miners Post by: glowing10 on February 26, 2019, 04:13:57 PM In India, main problem is no body work openly in bitcoin or any other blockchain project. Authorities also not agree and none of law on this. Indian people scare from this. I think now not many left as people have stopped it because of the government decisions and regulations as they are not in the support . So people might be least interred in such things as it was way before 2018 . Overall strength now might be very few . Title: Re: Dear Indian Miners Post by: HardIndian on March 06, 2019, 05:59:57 AM its great but, the electricity price is too high in india, and mining these cryptocurrencies are not a wise step, but if one miner can afford the electricity price and market fluctuations then i think possible? OR am not sure if possible to run miners over solar panel ?
Title: Re: Dear Indian Miners Post by: glowing10 on March 17, 2019, 01:23:17 PM its great but, the electricity price is too high in india, and mining these cryptocurrencies are not a wise step, but if one miner can afford the electricity price and market fluctuations then i think possible? OR am not sure if possible to run miners over solar panel ? Not sure if still any one does mining in India and that too with solar power. As due to unclear government rules and regulations and quite strict that they do not want to encourage the crypto currency in the country people have just left it. Title: Re: Dear Indian Miners Post by: rohitdhaka on April 03, 2019, 03:06:55 AM we can talk on this topic pls DM
Title: Re: Dear Indian Miners Post by: rohitdhaka on April 03, 2019, 03:15:25 AM The main problem is that Cryptocurrency usage is banned in India and coming openly to state that you are doing mining means you will come to picture as it is illegal to mine cryptocurrency in India. Your idea is good but for that it should be legal to use cryptocurrency. hahaahaha very funny mujhey jara bataogey crypto leagle kab thaa india mai or ban kab hua , ye aaj tak ban nahi hua hai ,thodi jaankari badha du sirf banks ne direct buy par ban kiya hua hai. Title: Re: Dear Indian Miners Post by: rohitdhaka on April 03, 2019, 03:17:53 AM its great but, the electricity price is too high in india, and mining these cryptocurrencies are not a wise step, but if one miner can afford the electricity price and market fluctuations then i think possible? OR am not sure if possible to run miners over solar panel ? Not sure if still any one does mining in India and that too with solar power. As due to unclear government rules and regulations and quite strict that they do not want to encourage the crypto currency in the country people have just left it. hope u understand my eng very bad. Title: Re: Dear Indian Miners Post by: bitcoinisbest on April 04, 2019, 05:50:06 AM its great but, the electricity price is too high in india, and mining these cryptocurrencies are not a wise step, but if one miner can afford the electricity price and market fluctuations then i think possible? OR am not sure if possible to run miners over solar panel ? Not sure if still any one does mining in India and that too with solar power. As due to unclear government rules and regulations and quite strict that they do not want to encourage the crypto currency in the country people have just left it. hope u understand my eng very bad. So are you trying to say that you do not get electricity bill for mining the coins, or you use somebody else electricity like stolen etc and mine from those electric wires? Because in the country electricity cost is very high and due to which people have left it. Title: Re: Dear Indian Miners Post by: amishmanish on April 13, 2019, 04:39:47 AM its great but, the electricity price is too high in india, and mining these cryptocurrencies are not a wise step, but if one miner can afford the electricity price and market fluctuations then i think possible? OR am not sure if possible to run miners over solar panel ? Not sure if still any one does mining in India and that too with solar power. As due to unclear government rules and regulations and quite strict that they do not want to encourage the crypto currency in the country people have just left it. hope u understand my eng very bad. So are you trying to say that you do not get electricity bill for mining the coins, or you use somebody else electricity like stolen etc and mine from those electric wires? Because in the country electricity cost is very high and due to which people have left it. Its not just the electricity cost of running the miner. That could have been managed but most of the regions have a hot, humid climate. That adds to the ventilation/ air-conditioning requirement. Yet, i don't think its impossible. Sourcing the hardware is one of the major issues. There are lot of scams in GPU/ Mining hardware. If you want to buy single unit as a hobbyist, most sites like Cannan etc. won't allow this. They only take bulk orders. The custom duty is also an issue as the suppliers want you to handle it yourself. If @rohitdhaka here or anybody else has experience with sourcing miners then it'd be great if you can share your experience about this. Title: Re: Dear Indian Miners Post by: Jwick83 on June 20, 2019, 07:30:11 AM Even if people would start GPU mining the main thing is that GPUs that are used for mining aren't easily available and the prices are sky high if they are available.
So because of this, Indians are behind in the bitcoin mining race. But not because we lack knowledge... Just the resources to scale. Title: Re: Dear Indian Miners Post by: playboy654 on June 22, 2019, 07:21:53 PM Even if people would start GPU mining the main thing is that GPUs that are used for mining aren't easily available and the prices are sky high if they are available. GPUs are available but is it still profitable to mine bitcoin?So because of this, Indians are behind in the bitcoin mining race. But not because we lack knowledge... Just the resources to scale. Don't think so,that is why people invest bitcoin by just buying it rather than mining. Title: Re: Dear Indian Miners Post by: bitcoinisbest on July 26, 2019, 09:27:23 AM Even if people would start GPU mining the main thing is that GPUs that are used for mining aren't easily available and the prices are sky high if they are available. GPUs are available but is it still profitable to mine bitcoin?So because of this, Indians are behind in the bitcoin mining race. But not because we lack knowledge... Just the resources to scale. Don't think so,that is why people invest bitcoin by just buying it rather than mining. I think in India their is no scope available because government has deiced to ban it. SO if anyone invest in such equipment then it would turn out to be a waste as they would not be able to even sale as no one would buy now after government draft regarding ban has come. Title: Re: Dear Indian Miners Post by: playboy654 on July 31, 2019, 12:07:12 PM Even if people would start GPU mining the main thing is that GPUs that are used for mining aren't easily available and the prices are sky high if they are available. GPUs are available but is it still profitable to mine bitcoin?So because of this, Indians are behind in the bitcoin mining race. But not because we lack knowledge... Just the resources to scale. Don't think so,that is why people invest bitcoin by just buying it rather than mining. I think in India their is no scope available because government has deiced to ban it. SO if anyone invest in such equipment then it would turn out to be a waste as they would not be able to even sale as no one would buy now after government draft regarding ban has come. Not yet,you should read the statement clearly here : https://bitcointalk.org/index.php?topic=5155465.msg52014127#msg52014127 Still hope for the Indian crypto community. |