Nilesh Christopher / Aritra Sarkhel, Bengaluru
About four years ago, Harshad Gawde (32), who bought Bitcoin, was not expecting that his investment would give such returns so that his expenditure to travel to the entire country would come out. Harshad is now going to start his six-month journey from Roopkund in Uttarakhand, thanks to this profit. Harshad, who lives in Mumbai, said, "I had invested in bitcoin when the cost of a coin was Rs 28,000 and now it is 10 The fold has increased. ' The price of a bitcoin was Rs 2,91,822 on August 30. Since November Donald Trump has become America's President in November last year, the value of Bitcoin has been increasing steadily. Many people are now buying Virtual Currency Bitcoin as an investment.
Bitcoin is a descentralized, paperless crypto currency. Its invention was in 2009. Unlike the currency of the countries of the world, crypto does not produce any central authority such as banks or a consortium. Bitcoin produces computers called 'Mining Rigs', and these computers solve complex mathematical problems to achieve this virtual currency. A laser keeps a record of all transactions.
A crypto crane mining rig works at all times. Its performance depends on the high-end graphic card and the cooling system used. The average price of the mining rig is 3 lakh rupees. People with large computing power to achieve crypto money, many online vendors are also investing in this machine.
An online vendor from Chandigarh named LetSmine has sold 90mining rigs via eBay. Each of them has a price of 3 lakh rupees. Lets mine has been selling mining rings for the last one year. This assures customers to get an investment recovery in 8-9 months. Bitcoin trading in India has increased after the announcement of ban on Prime Minister Narendra Modi's last year's anniversary. In the last few months, the business of the country's Bitcoin exchanges has increased and the number of crypto users has increased to more than 10 lakhs.
Due to the increasing popularity of the crypto currency, the services of these related services are also increasing. Technological professional Saket Nalgaonkar helps people in making rigs for mining in their spare time. He said that so far he has helped more than 10 people make riges and they take monthly charge for their upgradation and maintenance.