Is Bitcoin profit in India?
The simple answer is NO. The real answer to your question is, ‘Do Monero Mining instead’.
Why?
- It is simply a better crypto currency. In fact the only really anonymous crypto currency.
- It is truly decentralised as unlike bitcoin it does not require a specific hardware to mine effectively, which are owned by these Bitcoin mining mafias. Actually these mafias are the ones who are spoiling bitcoin as a crypto currency plus the fact that it’s a public ledger. Anyone can see how many bitcoin you have if that person has your public address. Monero can be mined on any hardware. It is designed so as to remove the monopoly of the owners of a perticular hardware like ant miner. You just need a good graphic card to do a decent mining.
- I have a very strong feeling that Monero will be the real currency of the future.
- The real strong point of Monero is its anonymity. You simply cannot map a public address.
- You can still make decent amount of Moneros in a year as right now it is not so popular.
- It has a dynamic block size. Bitcoin’s block size needs to be manipulated at each fork.
No comments