Quote from: jaykavathe on January 02, 2019, 04:20:40 AM

Thank you very much for a detailed reply. $200 vs $320, that is indeed ridiculous and much higher than I thought.

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My GPU sales have slowed down a lot in US but well, if India is still open, I would like to investigate and possibly create a channel for GPU and ASICS. If there is lack of a trusted sellers, I see a huge advantage for someone like myself. I understand there will be lot of friction from custom and taxes side, but I dont think the taxes still would be less than 60% delta (200 vs 320).

At the peak I had ordered a motherboard and 2 RX580 from the Newegg website. The shipment went through smoothly with the duties paid but I think the price ended up almost the same as in online stores here. I could probably get you a comparison by digging up the invoice and checking current prices.
As far as interest in GPU mining is concerned, the market is still wide open but there hasn't been enough marketing or community building. Like i said, the older members either went underground or decided to run scams themselves. The indian community is also pretty engaged in the ICO markets and I can see some of the newer GPU algorithms picking up as more and more projects launch their mainnets.

Quote from: jaykavathe on January 02, 2019, 04:20:40 AM

More importantly, most of my clients are finance people who pretty much just pay the capital, I go around, build the rigs or purchase ASICS and deploy them at my facility and run them monthly. I bet there would be interest here in Indian community since that would totally eliminate the custom, taxes, hosting related issue (as long as we establish trust). When you say you are interested in buying ASICS, what would limit you from paying me for buying it here, and run here? It would be tons cheaper and deployment time would be less than a week, right?

I get it that people who would pay you to deploy are basically in this for the returns. My interest in getting hands on an ASIC are equally intellectual and hobby-based. I also like the idea of being able to support network decentralization. If there was a way to trade on here, I'd be interested in offers. Only thing is I haven't yet found examples of such trades running successfully in the Markets section here at BCT.