Apr 22, · 2 Directors of a Bitcoin Company in Delhi Arrested For Bitcoin Scam. by Sheenam Khuttan. April 22, in News. 0. 0. SHARES. VIEWS. Share on Facebook Share on Twitter. 2 directors of a Delhi based private company, have been arrested from Delhi in connection with an alleged multi-crore BTC ponzi scheme, a senior Pune police officer said. Jan 01, · Rs crore Delhi cryptocurrency scam: Dubai-based kingpin arrested from airport store and spend bitcoins just via a mobile number. > When the company could not meet its promises. Dec 26, · New Delhi: Bitcoin, by far the best-known cryptocurrency, has in recent weeks been making headlines with the unreal upwards movement it recorded on the price charts recently, setting fresh all-time highs. With prices of Bitcoin soaring to a record high of $23, and bringing its returns so far in to over %. Many investors are flocking to this unregulated new-age asset.
Delhi bitcoin companyBitcoin surge fuels hiring spree in crypto industry - The Economic Times
Norway had the lowest electricity prices for industrial users last year among the 30 member-nations in the International Energy Agency.
It also had the lowest prices for non-households in the European Union during first half of this year, narrowly beating Iceland, another crypto-currency hot-spot. The main environmental benefit from basing the mining in the Nordic region is that the electricity is almost carbon-free, consisting mostly of hydro, nuclear and wind power.
That is becoming increasingly important for the many institutional investors attracted to crypto-currencies and one of the main factors behind the latest price surge. Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin. Comparing electricity prices around the world is difficult since they vary between industries and regions due to taxes, fees and subsidies. One attempt by the World Bank, which measures the bills of an imaginary warehouse in the capital of each nation, puts Sweden and Norway well below China but above other centers for making crypto-currency, like Kazakhstan and Mongolia.
The cost of power is poised to become even more significant for miners. The hash-rate, the amount of calculation needed to produce each coin, is steadily increasing. Many of the miners that left the region after the boom and bust could return.
Click here to join our channel indianexpress and stay updated with the latest headlines. Must Read. Home Technology Tech Bitcoin miners in Nordic region get a boost from cheap power. By: Bloomberg Updated: December 28, am. Top Tech News Now.
But beyond the rally and the milestones, the year has been a transformative one for the cryptocurrency and the ecosystem. We spoke to industry experts to find answers to the most frequently asked questions that pop-up in one's mind when they think of investing in this new age asset class. Speaking about whether one should invest in Bitcoin as a short-term investment or otherwise, Vikram Rangala, CMO, ZebPay said: "The simplest way for anyone to get into bitcoin is rupee cost averaging so that the average price that you invest is the best possible price you can get overtime.
At ZebPay, we always recommend users to invest for the long term and think of Bitcoin as a store of value, rather than go for short-term trading and speculation. If you held bitcoin longer than 3 and a half years during any period up to now, you had a While a lot of us are still waiting for more clarity to emerge but the lifting of the ban essentially means there is a need to explore the opportunity around this digital asset and learn how to regulate it.
That was not the case. Buying crypto, trading and holding were not banned. There were no laws and regulations passed for buying, trading, or holding crypto," Gupta added. In March , two years after the banking ban, the Supreme court lifted the banking ban, and then many banks have directly started providing banking services to cryptocurrency exchanges, banks. Our legal team works to make sure that we are following the letter and the spirit of the law in all areas.
Modi states that " It is true that Bitcoin is the most popular. Ethereum is like the bitcoin software, but it does things differently. Bitcoin can move value from one place to another. This allows the creation of smart contracts and complex applications. Ethereum supports a whole host of decentralized applications, and many see it as the starting point for completely decentralised finance in the future," Rangala further explained.
This helps clear many doubts and misconceptions and gives a fair understanding of the alternate investment class. Modi said: "It is also important that people start building upon the asset in a systematic manner and for a longer duration so that any volatility in price averaged out in the long run.