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The short answer to this is, yes it is. We were lucky to get hands on few of them. Ethereum is a free and digital currency like bitcoin. Is ethereum mining legal in india? Is ethereum mining profitable in india? To know about the bitcoin mining, legal status and mining process at length, read below. To mine ethereum, you'll need to buy special computer hardware called a graphical processing unit (gpu). Does india allow altcoin trading? Ethereum's own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship. No law in india makes mining, buying, selling, trading bitcoins, or alike cryptocurrencies illegal in #2. According to the calculator 2cryptocalc, one nvidia geforce gtx 1070 ti gpu brings about. Yes, ethereum is legal in india and it is not banned. Subsequent sale of such bitcoins would.
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Ether (eth) is the native cryptocurrency of the platform.
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Well, this is still to be decided by the supreme court.
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