Thank You, so we have to wait to know the result. The result can be at any favor.

Hello All,

Hope you all are doing well.

So I was trying give startup in the Cryptocurrency mining and hence I am collecting all required information.

The require hardware and software part is cleared, I have the basic and advance detail on this now.

One question is keep disturbing, Cryptocurrency ban in India?

I tried to search related articles wherein I got different information and nothing is cleared.

https://news.bitcoin.com/indian-supreme-court-cryptocurrency-rbi-ban-lifted/
https://economictimes.indiatimes.com/news/economy/policy/with-a-law-india-plans-lasting-ban-on-cryptos/articleshow/76330403.cms
https://www.moneycontrol.com/news/business/economy/india-to-ban-trade-in-cryptocurrency-government-working-on-a-law-5642461.html

It is also mentioned that "It had suggested a fine of up to Rs 25 crore and imprisonment of up to 10 years for anyone dealing in them."

Can you help me with the updated information where India stand regarding Crypto Mining and trading?

Is Cryptocurrency ban in India?

I see many recent videos from India that people do mining. But by looking into such article what need to understand?

Thank You.
   

Hi TheUltraElite,

Thank You for your prompt reply. I will surely do some research in fact I have already started on it. Just waiting to get that start point so I will get comlete information. 

I tried to search in Google about ASIC and below below things, is this something are you saying about?

https://www.ubuy.co.in/catalog/product/view/id/6861192/s/antminer-d3-17-0ghs-x11-asic-dash-miner?gclid=Cj0KCQjwp4j6BRCRARIsAGq4yMHwqJrYFKi410AdLyl3vYRkVBAFE_JIZVOtT39gba7MVlWEfUXivKwaAjlLEALw_wcB

Regards to finding software and coding, yes currently I am facing difficulty is that too, any any thread you can ping me here, I will go through it.

The software which I know currently are , ethminer-0.9.41-genoil-1.0.7, Claymore.s.dual.ethereum.miner.v15.0.-.widows, and NiceHash Miner. But whenever I tried to extract all files the main application file and start.bat is gets disappear, even disabling windows firewall/antivirus.

I will surely do more research on it.

Thank You.
 

Hi TheUltraElite,

Thank You very much for replying. I got the information about how it is hard for independent miners and don't want to go with that option.

I see that the mining pool is something like we will be doing mining in the group of people with the mining equipment. I want to go with this.

I have my personal computer on which I tried many third party sites for mining like Cryptotab, eobot, but not even earn single penny as I mentioned in the initial comment.

My personal computer is not advance, but I am thinking to buy a basic hanrdware which can help to mine average level. Here I Need help from miner people like you.

2. Best working software.
3. Coding for the software.

As you said these are not difficult to get. Just like downloading any other software. I checked many but not worked. So as a proper guideline please help me in this to. The software name and from where I can download, where I find the coding if is require for that software.

I am thinking to mine Ethereum (ETH). Or any you can suggest.

Hope you understand what details I am looking through this comment.

I am completely new and any kind of help will be appreciate. 

Thank You.

 

Hello All,

I am from the India.

I am too late on the platform. From last 2 years I used many third party websites for cryptocurrency mining like eobot.com. Not even earn a single penny.

I know we can mine from our system too, but don't have complete information.

Just 2 days ago I come to know about mining software and mining pool concept.

Today entire day spend to start the software. I have download "Claymore.s.dual.ethereum.miner.v15.0.-.widows", after extract all files, the file Start is just disappear. it happen multiple time. Disabled everything in regards to security software.

For connect I used this site: https://ethermine.org/start

Did not work anything.

Can anyone suggest me best methood to start the mining.

1. Basic Hardware(not much costly)
2. Best working software.
3. Coding for the software.
4. Connect to mining pool, don't whether such thing require.