In these times of uncertainty and negative news, I came across an inspiring story published in one of the mainstream news outlets of our country. I have shared the source link at the end of this post. You can read it in full. This is a story about three engineers hailing from Rohtak (Haryana) who have built a mining rig on a three-story building and are working 8 hours shift each to maintain the rig.
Why do I find it inspiring?
With 30 percent Tax already implemented and 1 percent TDS applicable from the 1st of July, the situation for Indian cryptocurrency looks grim. Adding to that many upcoming projects already moved their base and there are rumors that many big exchanges might shift their base too. Then there are rumors that 58 percent of GST will be applicable in the near future. All this negativity will surely demotivate and prevent new entrepreneurs to emerge in the industry. This news brings me hope and positivity.
These engineers have started a mining rig, as per the article ‘they are mining gold’ while paying a humongous electricity bill of INR 3 lakh a month. I am not sure what profit they are making but I am sure it would be a decent one. It would serve as a motivation for aspiring entrepreneurs to stay involved in cryptocurrencies that could revolutionize the Indian crypto market.
What do you guys think?
Source:
The Indian Express
