Mining training to become available in most of India

30 cities in India will offer training programs in bitcoin mining in order encourage the rural population to be self-employed
29 March 2018   275

Dalit Indian Chamber of Commerce and Industry is joining effort with social entrepreneur Dr. Tausif Malik to establish a training program for bitcoin mining in 30 cities of India. The Chamber is focused on providing opportunities to Dalits (sometimes referred as caste of depressed people). On the other hand, Dr. Malik started a platform for promotion of fintech, blockchain and cryptocurrency concepts in Maharashtra state specifically to attract investments into the region.

The program to be established is going to be called "Bitcoin Mining Training Program" and aims to empower the rural population (with the focus on the youth from farming community) to be self-employed and earn money from their homeplaces. Eventually it might give a spark to a brand new economic development in the area.

The new blockchain technology is the future of technology development and taking the world by storm and bitcoin/cryptocurrency mining is a must for blockchain platform to operate. Hence, we felt the need to offer bitcoin/cryptocurrency mining training program (BMTP) to our youth on a nationwide scale for self-employment.

 

Shri Milind Kamble

Founder and chairman, DICCI

The list of cities include Pune, Mumbai, Junnar, Aurangabad, Latur, Nashik, Nagpur, Osmanabad, Hyderabad, Vijayawada, Bengaluru, Chennai, Pondicherry, Cochin, Kolkata, Bhubaneswar, Jamshedpur, Bodh Gaya, Patna, Lucknow, Delhi, Jaipur, Varanasi, Bhopal, Indore, Raipur, Ranchi, Guwahati, Jammu, and Chandigarh. The first training shall take place in Pune in May.

South Korea to Toughen Mining Chip Import Rules

Mining chips will have to meet legal requirement for importation, such as safety and sanitation certifications
19 April 2018   123

In South Korea, foreign-made crypto mining chips import rules can be complicated in the near future.

As reported by CoinDesk with reference to the statement of the Korean Customs Service (KCS) the government agency added mining chips to the list of goods that must meet certain criteria established by the current legislation for importation into the country, including certificates of security.

New requirements were introduced after the customs service discovered an increase in the number of mining chips imported into the country. So, in November and December last year, according to KCS, 454 mining chips were imported to the country for a total of 1.3 billion won ($ 1.2 million).

Since the mining devices consume a significant amount of electricity and produce a lot of heat, their operation is associated with an increased risk of fires.

To neutralize these risks, the service will monitor the safety of imported devices in accordance with the requirements established by the National Radio Agency.