Just like local SEO, I would not bother to compete with locals.
If you are a small succes you will be copied and bypassed in a short period.
India has too many wizkids, entrpreneurs, senior professionals in their borders.
I would consider to do a joint venture then.
Make sure you have local knowlegde / culture / marketing / legislation covered.

Nope, not only China.

Another big positive factor is VC capital in related concepts:
"The investor community, however, might see things differently. They’re not investing in the Bitcoin currency so much as in its underlying infrastructure, which could serve other virtual currencies in the future, said Barry Silbert, an active angel investor in the industry. So if Bitcoin fails, it may not even matter to them, or to the startups."
See http://www.pcworld.com/article/2082700/could-bitcoins-frothy-venture-funding-dry-up.html

Another factor are:
The 188-195 (depends on definition) other countries in the world.
Like in South America where high inflation is very common.

Another big factor is
SecondMarket CEO: Wall Street Will Put 'Hundreds of Millions' Into Bitcoin
http://www.entrepreneur.com/article/230346

By the way:
If China Wanted to Ban Bitcoin, It Would Ban Bitcoin
http://allthingsd.com/20131218/if-china-wanted-to-ban-bitcoin-it-would-ban-bitcoin/

mining -> solve difficult puzzles and get reward
building a rig -> build super calculator to help solve puzzles
joining a pool -> solve difficult puzzles together so you solve more per day

if i were you, i would just play sudoku and buy/sell btc / altcoins

Hi,

To find out what the most profitable coins are, please check out one of these:

http://coinwarz.com
http://wheretomine.com
http://dustcoin.com/
http://coinchoose.com

For your 336 MH/s it seems you should go for tigercoin right now
You would then already have 1 bitcoin in only 2,748 days :-) !
(not taking into account increasing difficulty ;-) )

http://www.coinwarz.com/cryptocurrency/?sha256HashRate=336.00&sha256Power=500.00&sha256PowerCost=0.1000&scryptHashRate=0&scryptPower=0&scryptPowerCost=0&sha256Check=true&scryptCheck=false

Good luck :-)

DOGE mE

DSGEEtSty4vCk9jqpewb9fCJbacUSCXbc4

DOGE me !

DSGEEtSty4vCk9jqpewb9fCJbacUSCXbc4

Yes DOGE me !

DSGEEtSty4vCk9jqpewb9fCJbacUSCXbc4

Hi, can you please share settings?
Currently running max 600 kHs with too much noise ... ;-)

The Definitive History of Bitcoin - Best infographic out there...

In 2008, the aftermath of the Subprime Mortgage Crisis created the perfect storm for the emergence of Bitcoin. Here is the definitive history of the famous crypto-currency.

http://www.visualcapitalist.com/the-definitive-history-of-bitcoin


OOPS DOUBLE ENTRY
https://bitcointalk.org/index.php?topic=371313.0

@extortion , yes please continue ... :-) good to read !

See http://www.heavy.com/tech/2013/12/datacoin-info/

Ian classifies Datacoin as a special type of cryptocurrency or Distributed Autonomous Corporation that has functions outside of monetary exchange. He says, “Currently, there are only 4 coins that stand out for giving more value than a simple currency: Mastercoin, Protoshares, Namecoin and Datacoin.” These coins have an advantage over Bitcoin because they add intrinsic value to the currency.

The page also has a link to Datacoin [GIVEAWAY]

Please note: the author has long positions in the 4 coins above ;-)

=> Let's PUMP and not dump ;-)

Please provide your comments

Unfortunately, there is no web archive:  http://web.archive.org/web/*/www.grouphashing.com

Here is a screencapture of the dashboard with an active contract :-)
    http://postimg.org/image/c1ruzp439/

(When I saw this, I did consider: did they just hard code this entry based on my username ;-) ? )

Some people (including me) were suckered into this,
see: https://bitcointalk.org/index.php?topic=362108

Update:

I have been privately informed that a certain stakeholder has formally pressed charges against them in the Netherlands.

( I will also try to press charges when I know the police department involved and the case number )

Regards, Michiel

OK, my paid BTC went to:
  https://blockchain.info/address/17nyqs65ENMxQGXsysWJ2zXDhFWtQbAnts

Is any sherlock holmes reading this?
Would it be possible to track down the recipient?

1. domainsbyproxy states on it's homepage: "Private Registration Helps You... Protect your identity .. But don't even think about using our service to spam, violate the law, or engage in morally objectionable activities."

2. domainsbyproxy is not able to provide identity without a formal request from a legal autority:
https://www.domainsbyproxy.com/policy/Subpoena.aspx

All,
Here is an update from original poster:

1. The website does not seem to be available anymore:
            https://grouphashing.com/

2. I did not receive an update about ordered contract and/or received services

3. The email "grouphashing@gmail.com" now returns:

This is an automatically generated Delivery Status Notification.
Delivery to the following recipients failed.
       grouphashing@gmail.com

Really, really nice    !
Thanks !!

rhKHbsuaU6Ut4RaZYw378siNhpnV4shqu
thank you!

All here are updates:

1. According to: http://cryptonerd.co/scrypt-cloud-hashing-is-here/
The GroupHashing services are hosted by: ReleaseNetworks in Amsterdam
I just got reply from ReleaseNetworks.
ReleaseNetworks confirms that they do provide hosting for the servers for GroupHashing.
FYI. ReleaseNetworks also comments in thread: https://bitcointalk.org/index.php?topic=345168.0

2. GroupHashing just did send a reply that they are very busy and have activated my contract.
When I log in, the account does seem to be active.

=> For now, it does NOT seem to be a scam.
Please let me provide an update when delivered.