How does customs for importing mining devices work in India?

subvolatil

hero member

Activity: 546

Merit: 501

Cypherpunk and full-time CryptoAnarchist

Quote from: Benson Samuel on December 05, 2013, 12:45:25 PM

On a lighter note, I was stopped in the Mumbai airport and questioned about 30 USB Miners that I had with me.

It was a good chance to explain Bitcoin and Mining to 3 people who were asking me what they were.

I even asked them to buy some on buysellbitco.in Cheesy

+1

Benson Samuel

legendary

Activity: 1890

Merit: 1000

Landscaping Bitcoin for India!

On a lighter note, I was stopped in the Mumbai airport and questioned about 30 USB Miners that I had with me.

It was a good chance to explain Bitcoin and Mining to 3 people who were asking me what they were.

I even asked them to buy some on buysellbitco.in Cheesy

kafka

newbie

Activity: 8

Merit: 0

Hmm, last week that cap wasn't there but there is a reseller in the US called MinerSource which doesn't have a minimum limit.

If the difficulty reaches 5-6B with Black Arrow flooding the market, this will make a measly $5 a day. Sad

Might be better to just buy rather than mine in that case.

jinson

newbie

Activity: 51

Merit: 0

Good deal if they actually ship in Feb itself. They have also kept a minimum order cap of 1000Gh, that is 10 units. Seems like a buffer to protect the miner profitability in case of delays.

Pinwheel

sr. member

Activity: 378

Merit: 250

custom not a problem, not charging much.

BA shipping at end of Feb 2014, but still not bad offer.

kafka

newbie

Activity: 8

Merit: 0

I saw that Black Arrow(based in China) has a 100GH/s ASIC for around $350, but they say customs is the responsibility of the buyer. Folks who have bought miners before, how did you get it through customs and what is the duty you paid?

Topic: How does customs for importing mining devices work in India? (Read 918 times)