In an article by Techcircle, one of India’s leading cryptocurrency mining companies, the founder of one of the country’s largest mining operations, Vishal, explained why he decided to mine cryptocurrencies.
“I have been mining cryptocurrency since the year 2000.
I mined it in 2001.
It’s very difficult to understand,” Vishal told Techcircle.
“I was doing it for 3 years and finally, I decided to join the industry.”
Vishal, who is also the managing director of India-based mining company MinerCo, said that while there are a few mining companies in the country, most of them are focused on mining bitcoins.
“You could say mining is the mainstay of the mining industry.
It is the one thing that people don’t understand,” he said.”
When you mine cryptocurrencies, you can’t use the money to buy real estate, or you can only invest in cryptocurrencies.
So, you have to be careful about that.
There is no real estate that you can buy with bitcoins.”
When asked why he would use cryptocurrencies to mine, Vishlal said, “The mining of cryptocurrencies is quite easy.
The mining process is done on computer, with a computer with a lot of processing power, which means that you are not wasting any electricity.”
The miner told Techcircle that there is no difference between mining bitcoin and mining cryptocurrencies, adding, “You can just use your computer to mine cryptocurrency, and there is a lot more energy and power in mining.”
“We have been in the cryptocurrency mining business for a long time, and this is a very good opportunity to invest in the future,” Vishlac added.
The Mining Company has invested more than $1 million in the business so far.
The company says that it will be working on the next phase of its business.