India Sees an Opportunity as China Imposes Restrictions on Bitcoin Miners

Indian cryptocurrency geeks have been offered to set up mining centres after the Chinese government ordered closing down of bitcoin mining in the country.

Indian crypto players are accepting such offers albeit on a rider: there won’t be any deviation from the government of India’s guidelines on cryptocurrency.

“We have received several offers over the past few days. We are considering it as a business opportunity as mining operations. We are now waiting for the government of India’s guidelines for crypto business,” a computer engineer associated with crypto mining said on condition of anonymity. Source