[2018-03-29] Bitcoin Mining Training Coming to 30 Cities in India

[nickbelski]

An Indian chamber of commerce is launching a bitcoin mining training program in 30 cities across India. The goal is to teach young people about bitcoin, cryptocurrencies, blockchain technology, crypto mining, and entrepreneurship to empower the rural population for self-employment.

Bitcoin Mining Training Program

Dalit Indian Chamber of Commerce and Industry (DICCI) is collaborating with social entrepreneur and the treasurer for Democrats Abroad India, Dr. Tausif Malik, to launch a training program for bitcoin mining in 30 cities across India, local media reported.

Established in 2005, DICCI is an industry association that promotes business enterprises for Dalits, a specific minority caste in India sometimes referred to as a depressed class. In some states, Dalits number up to 32 percent of the population, according to 2011 Indian census data.

Malik founded Mahabfic, a platform promoting investments in the State of Maharashtra for blockchain, fintech, initial coin offerings (ICOs) and cryptocurrency. “We are not promoting the technology, we are promoting the State of Maharashtra as the ideal destination for investing for development of technology & promotion,” the website states.

DICCI and Mahabfic will create the “World’s 1st & largest Bitcoin Mining Training Program (BMTP) for self-employment,” according to the announcement posted on the Policy Times. This program seeks to “empower the rural population especially the youth from the farming community to earn income from their hometown or villages, this would create new economic development in these areas.” DICCI founder and chairman, Shri Milind Kamble, commented:

"The new blockchain technology is the future of technology development and taking the world by storm and bitcoin/cryptocurrency mining is a must for blockchain platform to operate. Hence, we felt the need to offer bitcoin/cryptocurrency mining training program (BMTP) to our youth on a nationwide scale for self-employment."

See more: https://news.bitcoin.com/bitcoin-mining-training-30-cities-india/

[KatyaDurst]

As far as I understood, India is very interested in all crypto stuff. But I doubt that teaching about mining bitcoins is worth it, now you need an entire farm to profit from it

[1Referee]

As far as I understood, India is very interested in all crypto stuff. But I doubt that teaching about mining bitcoins is worth it, now you need an entire farm to profit from it

It's not solely about Bitcoin mining, but the whole package involving crypto, but this article puts the focus too much on the mining aspect, which is a bit weird in a country as India, especially if you look at their target audience. This article should be pointing out how the people there can benefit from understanding the very basics of crypto, how they could use that knowledge to reach further in life later on, which is far more important than the mining aspect. People there want to move out of their daily misery, and will grab every possibility of enjoying some level of education. Not sure if the one responsible for writing the article had a bias towards mining, but this is just ridiculous, and another example of how news sites shows you what they want you to see.