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Topic: What's the cost of mining in India ? (Read 404 times)

brand new
Activity: 0
Merit: 0
March 23, 2021, 08:47:23 AM
#6
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copper member
Activity: 55
Merit: 5
May 26, 2020, 06:26:50 AM
#5
Any mining expert here in India ?

I would like to know if anybody who has been mining know what's the cost of mining setup and the ROI.
Which coin they mined and how did they managed to stay away from cops  Tongue


Are you still looking to buy miners or want mining setup?
newbie
Activity: 4
Merit: 1
April 07, 2020, 01:55:32 PM
#4
Cost of miners depends upon many factors however a decent mining rig starts from 1.30 lakh with minimum life of 5 years and 3 years warranty.
ethereum is the best coin to mine on a graphic card based miners, however you can mine any coin using nicehash.
For any query contact us anytime.
member
Activity: 406
Merit: 76
Crypto Lovers
March 15, 2020, 08:18:55 AM
#3
You may refer this blog for details about bitcoin mining in India

https://cryptomaa.com/btc/bitcoin-mining-india/
full member
Activity: 1106
Merit: 166
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October 30, 2019, 11:03:16 AM
#2
I never tried mining but I got a friend who setup his own mining rig which cost about 4.6 lakhs INR and mined ethereum in later 2017 and in 2018 but now ROI is no more the mining expense exceeds three or four times more than the mined coins so he stop mining it from 2019 and never mined again as far as I know.
hero member
Activity: 2646
Merit: 713
Nothing lasts forever
October 30, 2019, 10:22:30 AM
#1
Any mining expert here in India ?

I would like to know if anybody who has been mining know what's the cost of mining setup and the ROI.
Which coin they mined and how did they managed to stay away from cops  Tongue
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