bitcoin has recently started picking up in india. i was looking at trade volumes on coinesure and it is impressively high (1000s of btcs).
Could you plz point me to the link where u have got this figure? Is it 1000+ BTC per day?
i am curious to understand how the early amount of bitcoins were available in india? were there so many miners in india who had bitcoins in india even before exchanges started operating?
Read more about escrow.ms.
it is a very interesting concept to discuss, because a decentralized asset (controlled-by-all) spiking adoption in india when no one really owned any earlier is quite a challenge. i really appreciate the people here driving the adoption forward. given how mining difficulty has gone so high in recent times,have people in india mining with so much hardware?
Lots of ancient bitcoin miners are from India. They mined 50 BTC per block with their CPU/GPU. Some freelancers earned hundreds of BTC when BTC used to cost less than 10 USD.