January 22, 2026

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Bitcoin Mining Training Coming to 30 Cities in India

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bitcoin Mining Training Coming to 30 Cities in India
Bitcoin mining training coming to 30 cities in india

An Indian chamber of commerce is launching a bitcoin mining training program in 30 cities across India. The goal is to teach young people about bitcoin, cryptocurrencies, blockchain technology, crypto mining, and entrepreneurship to empower the rural population for self-employment.

Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

bitcoin Mining Training Program

Dalit Indian Chamber of Commerce and Industry (DICCI) is collaborating with social entrepreneur and the treasurer for Democrats Abroad India, Dr. Tausif Malik, to launch a training program for bitcoin mining in 30 cities across India, local media reported.

Bitcoin mining training coming to 30 cities in indiaMilind Kamble (left), Dr. Tausif Malik (right). Photo courtesy of Dr. Tausif Malik

Bitcoin mining training coming to 30 cities in indiaEstablished in 2005, DICCI is an industry association that promotes business enterprises for Dalits, a specific minority caste in India sometimes referred to as a depressed class. In some states, Dalits number up to 32 percent of the population, according to 2011 Indian census data.

Bitcoin mining training coming to 30 cities in indiaMalik founded Mahabfic, a platform promoting investments in the State of Maharashtra for blockchain, fintech, initial coin offerings (ICOs) and cryptocurrency. “We are not promoting the technology, we are promoting the State of Maharashtra as the ideal destination for investing for development of technology & promotion,” the website states.

DICCI and Mahabfic will create the “World’s 1st & largest bitcoin Mining Training Program (BMTP) for self-employment,” according to the announcement posted on the Policy Times. This program seeks to “empower the rural population especially the youth from the farming community to earn income from their hometown or villages, this would create new economic development in these areas.” DICCI founder and chairman, Shri Milind Kamble, commented:

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.

30 Cities in India

Bitcoin mining training coming to 30 cities in indiaThe nationwide BMTP will span over 30 cities to empower young people for self-employment, the announcement details. The cities are 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 program “will educate the students about blockchain technology, bitcoin/cryptocurrency mining, entrepreneurship, startups and business establishment,” the announcement also described, adding that “the first training program will be held in the month of May in Pune,” the city where DICCI is located. Malik commented:

India can be the next bitcoin/cryptocurrency mining hub of the world.

What do you think of this mining training program? Let us know in the comments section below.

Images courtesy of Shutterstock, DICCI, Mahabfic, and Dr. Tausif Malik.

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The post Bitcoin Mining Training Coming to 30 Cities in India appeared first on Bitcoin News.

Crypto Coin Updates
PATRON Launches Token Event, Riding Momentum of 15 million USD Pre-Sale and Major Partnership Announcements

PATRON Launches Token

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Occasion, Riding Momentum of 15 million USD Pre-Sale and also Major Collaboration Announcements bitcoin News Release: Patron, a Japanese-based blockchain system for influencer marketing, has formally released it’s public ICO after effectively elevating 15 million USD in its personal as well as pre-sale rounds. The public token sale will certainly range from March 27 through April 26 as well as start with a 35% benefit for early-bird contributions. 28 March 2018. Tokyo, […]

The article PATRON Launches Token Occasion, Riding Momentum of 15 million USD Pre-Sale and Major Collaboration Announcements showed up first on Bitcoin Public Relations Buzz.

Released at Wed, 28 Mar 2018 10:17:50 +0000

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Ethereum Price Tops $900 on CEX, Possible Haven for Investors

Almost every single crypto-currency has seen massive gains in the past few months, Ethereum included. But with the recent news about bitcoin Cash being listed on Coinbase, much uncertainty has been thrown into the market.


The Biggest Smart Contract Platform

Ethereum has more than tripled in the past three months, with the market price at $255 just three months ago to over $800 today. The rally appears to not be stopping, however, as some exchanges are posting numbers well above market price. On one exchange, CEX.io, the price broke through the $900 barrier. While it has dropped since, it’s clear that as people start researching bitcoin and digital currencies in general, altcoins are valid options for those looking to diversify.

Ethereum has been around since 2014 and its native currency is the “Ether.” It touts itself as a “Smart Contract Platform,” as opposed to bitcoin being a payment platform. A smart contract is simply a piece of software that executes an action, and once executed cannot be stopped/altered. Since it is all code, the contract can be audited and verified that it will do exactly what the developer says it will do.

Sample smart contract code

An example smart contract on Ethereum. Source: https://www.ethereum.org/token.

Here is a very simple example of a smart contract. Let’s say I’m a YouTuber, and you’re a company looking to advertise on my videos. I put a short ten-second ad at the beginning of each of my videos, and in return, you’ll pay me $1 for every 1000 views. Now I could trust you so that when I reach a view threshold, you’ll pay me. Or we could get a third party involved to ensure I get paid. But with a smart contract, it could automatically pay me. It could check the YouTube video statistics for views every so often, and pay me accordingly. All in a completely trustless way.

Ethereum and The Coinbase Effect

There is also something to be said about access to different coins for new investors. Ethereum might be experiencing what I’m going to call the “Coinbase Effect,” which is the fact that the currencies that are currently listed on Coinbase are pretty much the only ones the average-Joe investor knows about. Since these are the only ones available on Coinbase, which is a major on-ramp for non-technical users, they’ll tend to invest in these currencies over others.

The Coinbase Effect

With bitcoin and bitcoin Cash going head to head, and accusations of conspiracy flying every which way, many may be looking at ETH as a haven for their newly found gains from bitcoin. Because it’s listed on Coinbase, investors can easily convert their current holdings to Ethereum. Ethereum is not without problems of their own, however.

Earlier this month, CryptoKitties pressed the network against its limits. As a result, Ethereum users saw fees approaching $1 or higher, which is completely unheard of for most cryptos, especially Ethereum. We’ll see in the coming weeks whether this rally has any substance behind it, or if it is just a pump and dump.

Are you invested in Ethereum? How do you think the market will react to the Coinbase announcement long term? Let us know in the comments below!


Images courtesy of AdobeStock, Coinbase, Ethereum

The post Ethereum Price Tops $900 on CEX, Possible Haven for Investors appeared first on Bitcoinist.com.