1.In India - taxes are pretty high
2.Consider joining www.minersatwork.com upcoming pre-ICO on 6 Dec
3.It is a Singapore based startup for mining which has tax advantages
4.It has economics of scale,profitable and successful setup which is scaling up.
58% of rewards are shared with investors which will turn out to be higher than if u mine urself.
it has been highligthed in Indian media as well
http://www.zeebiz.com/agencies/indian-bizman-set-to-launch-ico-offer-for-asian-businesses-30938
http://businessworld.in/article/Indian-Bizman-Set-to-launch-ICO-Offer-For-Asian-Businesses/10-11-2017-131276/
Regards
Topic: How to Start mining in india (Read 2093 times)
Bitcoin Gold mining pool
http://btgpool.org/
India based server.
0.5% fees
Nearest server to Indian miners.
http://btgpool.org/
India based server.
0.5% fees
Nearest server to Indian miners.
Any real answers with step to step guide on how to start mining in india would be great but i guess no one is going to hand it to you, gotta do the dirty work
I used to mine till more than an year ago, so take my advice accordingly.
Firstly, I don't think that this much investment is profitable for mining bitcoins in particular.
Secondly, my suggestion is to get good graphic card and mine altcoins.
My strategy was to mine every new coin for 2 days to upto a month depending on how its launch goes, then I used to dump them and I "always" made profits.
Last suggestion, a big suggestion, would be to collaborate with others, display your mining management skills & profit and then do a group-buy crowdfunding. Then you'd be able to raise money and play into bigger risks and that would attract investors who are not into cryptocurrency as well.
About mining new altcoins, I've tried that in past and it isn't always profitable as most of the time they don't even get listed on the exchange, so it's a total waste of your time and electricity. Firstly, I don't think that this much investment is profitable for mining bitcoins in particular.
Secondly, my suggestion is to get good graphic card and mine altcoins.
My strategy was to mine every new coin for 2 days to upto a month depending on how its launch goes, then I used to dump them and I "always" made profits.
Last suggestion, a big suggestion, would be to collaborate with others, display your mining management skills & profit and then do a group-buy crowdfunding. Then you'd be able to raise money and play into bigger risks and that would attract investors who are not into cryptocurrency as well.
I would advise buying a L3+ and do start mining litecoin as its mining profitability is always $600+ per month and never goes below that and right now it's above $900+.
Kindly do your research thoroughly before thinking of mining . Because in India land cost and electricity cost will eat up everything. It will take some time before you start getting profit and if you are planning for altcoin ensure it does have a future of next 3 years. Else all your efforts and money will go waste.
The stock has been sold out. You can wait for the next stock orelse you can find some good used L3+.
I don't think it is available on any other website. You can search for it or be in contact with BITMAIN for the next sale.
I don't think it is available on any other website. You can search for it or be in contact with BITMAIN for the next sale.
are you mining anything brother?
If ypu can afford 0.7 btc, you can then purchase Antminer L3+ from Bitmain official website. It is the most efficient Litcoin miner i guess. you can have near about 22$-42$ profit per day excluding Electricity cost. You can also setup your own Mining rigs for mining ETH, DASH, etc. It can too be profitable.
i checked on their website , it says coming soon. any other place to buy? or is it not launched yet
I don't think it is available on any other website. You can search for it or be in contact with BITMAIN for the next sale.
If ypu can afford 0.7 btc, you can then purchase Antminer L3+ from Bitmain official website. It is the most efficient Litcoin miner i guess. you can have near about 22$-42$ profit per day excluding Electricity cost. You can also setup your own Mining rigs for mining ETH, DASH, etc. It can too be profitable.
i checked on their website , it says coming soon. any other place to buy? or is it not launched yet
If ypu can afford 0.7 btc, you can then purchase Antminer L3+ from Bitmain official website. It is the most efficient Litcoin miner i guess. you can have near about 22$-42$ profit per day excluding Electricity cost. You can also setup your own Mining rigs for mining ETH, DASH, etc. It can too be profitable.
are you personally mining ? 22$ per day is good profit .
If ypu can afford 0.7 btc, you can then purchase Antminer L3+ from Bitmain official website. It is the most efficient Litcoin miner i guess. you can have near about 22$-42$ profit per day excluding Electricity cost. You can also setup your own Mining rigs for mining ETH, DASH, etc. It can too be profitable.
Hello All,
Hope everything is goin great.
I want to start mining in india?
So please suggest me in which area i will get mostprofit according to cheap electricity.
And pleasetell me budget of minimum to invest?
Regards,
ZIYA,
Hope everything is goin great.
I want to start mining in india?
So please suggest me in which area i will get mostprofit according to cheap electricity.
And pleasetell me budget of minimum to invest?
Regards,
ZIYA,
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