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Showing posts from January, 2014

How to Make Profit with Bitcoin Mining in India?

The recent circular from Reserve of India warning about risks of Cryptocurrencies like Bitcoin, BBQCoin, Litecoin, Dogecoin, etc. has only rekindled the interests among tech savvy Indians. Everyday news articles about cryptocurrencies are becoming a norm in business section of newspapers. One quick thought strikes everyone's mind – ‘Can I become rich with Cryptocurrency?'. I’d like to answer your questions in this post. Whom this post is for? Those who want to make a part time income from Cryptocurrencies rather than totally depending on it. Those who are ready to make a one-time investment of Rs.40,000 to Rs.50,000 in mining hardware. Please note, even in the worst case scenario if your mining adventure flops you still get a high end PC, which you can use for graphics designing or gaming.) Those who are patient enough to get their return from one-time investment in 1 Year. My experience Before writing this post I tested my mining hardware for 12 days with short