Quote from: rsarkar on August 11, 2018, 12:04:51 PM

There are some good location in india where mining is still profitable.May it be hilly areas or remote places where electricity would be cheap.
I have pm ed u further details.

rural area not get cheap electricity. there are many disadvantages of rural area such as no priority of electricity while shutdown you have to wait light to arrive. planing to install mining farm in hilly area is nice. there is no need of coiling system if you go near himachal places near Manali hill station where electricity is normal but no need to spend extra money on coiling system. Some draw back in winter system you may need some heating devices.

There are five major requirements for mining of bitcoins or cryptos in any part of the world or for that matter India.

Cheap Electricity - The mining machines are of very high power consumption and they require a lot of electricity to operate. (Uttarakhand and Chattisgarh are the two states where electricity is cheap)

Cool temperature - As there is a lot of consumption of electricity there is some output as well which the machines generate which even goes up to the range of 7585 degrees Celsius. (Not in major parts if India)

Mining hardware - The hardware required to mine bitcoins or cryptos is not easily to be found and is the major part of the initial investment to setup the farm.( Not cheap in India)

High Speed internet - Internet is required all the time at high speed for the machines to mine.

Legality Issues - Legal aspects are to be checked as this is one of the major issues which people dont take into consideration while setting up the mining farms.( No legal stance from the government)

Investing in cryptos is very risky so please invest according to your risk appetite. All the views and opinion are my personal views.