Can I mine a cryptocurrency in India?

Spread the love

Are you planning to mine cryptocurrency? Are you still wondering whether it’s legal to mine a crypto in India. Yes, it’s legal to mine a cryptocurrency in India and you can mine a cryptocurrency in India. There’s no ban in mining a crypto in India. There are miners who are already mining their favourite coin. However, you are not allowed to raise any capital to mine any cryptocurrency. So, it’s illegal to raise capital for mining farm, setup Bitcoin ATM etc.

Are you thinking on where to buy the mining devices? There are few vendors who are selling mining devices. So you can buy a new or used one based on your budget. There are different devices for different coins. You can buy ASIC devices for mining bitcoin. To start off, you can check Amazon for mining devices in your area. There are few other online stores too, but we strongly recommend to carry out some research on before buying it from any website.

In conclusion, it’s not too late to start mining as we can see good hike in crypto prices! Happy Mining!!

Leave a Reply

Your email address will not be published. Required fields are marked *

  • bitcoinBitcoin (BTC) $ 9,217.20
  • ethereumEthereum (ETH) $ 240.73
  • tetherTether (USDT) $ 1.00
  • rippleXRP (XRP) $ 0.200105
  • bitcoin-cashBitcoin Cash (BCH) $ 236.92
  • cardanoCardano (ADA) $ 0.121942
  • bitcoin-cash-svBitcoin SV (BSV) $ 183.64
  • litecoinLitecoin (LTC) $ 44.23
  • crypto-com-chainCrypto.com Coin (CRO) $ 0.142333
  • binancecoinBinance Coin (BNB) $ 16.69
  • eosEOS (EOS) $ 2.63
  • chainlinkChainLink (LINK) $ 5.98
  • stellarStellar (XLM) $ 0.087499
  • tezosTezos (XTZ) $ 2.48
  • okbOKB (OKB) $ 4.92
  • tronTRON (TRX) $ 0.018476
  • vechainVeChain (VET) $ 0.018877
  • leo-tokenLEO Token (LEO) $ 1.22
  • moneroMonero (XMR) $ 66.55
  • usd-coinUSD Coin (USDC) $ 1.00
  • huobi-tokenHuobi Token (HT) $ 4.16
  • cdaicDAI (CDAI) $ 0.020901
  • ethereum-classicEthereum Classic (ETC) $ 6.50
  • neoNEO (NEO) $ 10.61
  • iotaIOTA (MIOTA) $ 0.250437
  • cosmosCosmos (ATOM) $ 3.66
  • dashDash (DASH) $ 71.44
  • compound-governance-tokenCompound (COMP) $ 177.86
  • zcashZcash (ZEC) $ 56.12
  • dogecoinDogecoin (DOGE) $ 0.004087
  • nemNEM (XEM) $ 0.045591
  • makerMaker (MKR) $ 453.73
  • compound-usd-coincUSDC (CUSDC) $ 0.021074
  • ontologyOntology (ONT) $ 0.618901
  • basic-attention-tokenBasic Attention Token (BAT) $ 0.256932
  • havvenSynthetix Network Token (SNX) $ 2.92
  • ftx-tokenFTX Token (FTT) $ 3.00
  • kyber-networkKyber Network (KNC) $ 1.62
  • 0x0x (ZRX) $ 0.420086
  • digibyteDigiByte (DGB) $ 0.021554
  • paxos-standardPaxos Standard (PAX) $ 1.00
  • theta-tokenTheta Network (THETA) $ 0.237279
  • ethlendAave (LEND) $ 0.184990
  • compound-ethercETH (CETH) $ 4.82
  • iconICON (ICX) $ 0.388971
  • omisegoOMG Network (OMG) $ 1.53
  • zilliqaZilliqa (ZIL) $ 0.019461
  • augurAugur (REPV1) $ 19.38
  • qtumQtum (QTUM) $ 2.07
  • hedera-hashgraphHedera Hashgraph (HBAR) $ 0.040951