Amit Bhardwaj Talks About the Future of Cryptocurrency
The founder of Amaze Mining and Research Limited, GBMiners (Indian’s first and biggest mining pool), amongst others, Amit Bhardwaj, the New Delhi entrepreneur is becoming a household name in digital currency revolution in India. The cryptocurrency guru recently launched his eBook in the Cryptocurrency series titled, ‘Cryptocurrency for beginners’ that explicitly explains the intricacies of yet to be full tapped potentials in the Bitcoin market. Others in the series are Cryptocurrency Trading and Cryptocurrency Mining.
There is a paradigm shift from the conventional currency to cryptocurrency for business transactions or monetary exchange. Cryptocurrency is a virtual currency, a fast growing technology of digital market that has taken center stage of world’s financial market, with the emergence of Bitcoin. Its mode of transaction and monetary policies are designed such that it is fast, has a better mode of payment, high-level security, it is universal, and features a decentralized network system (which makes it protected from government or external interference).
Blockchain and cryptocurrency is a major breakthrough in humanity’s financial market across the globe. Sadly, with its global demand in investing in this new emerging digital technology, cryptocurrenciesarecomplicated and difficult to understand because of the techniques and complexities that surround it.
Amit Bhardwaj came into the digital market scene in 2009 with determination to understudy how the how Blockchain and cryptocurrencies works. His vast experience replicated in his eBooks on cryptocurrency trading and cryptocurrency Mining, and recently launched eBook has helped in reducing the complexities in understanding the Bitcoin market.
Amit Bhardwaj started first in his residence, resigning from Infosys to establish Bitcoin Mining, where he gathers all there is to know in this cryptocurrency, and four years later he developed a platform, HighKart.com, where purchased items can be paid via Bitcoin. Because of the low profit generated from Bitcoin mining, Amit Bhardwaj, had to bring together enthusiasts in the Bitcoin industry bringing GBmines to existence. Presently, GBminers holds 5% of a mining pool, a fast growing pool, and behind China as second largest mining pool in the world.
In 2014, Amit Bhardwaj formed a mining hardware company, GainBitcoin, a platform designed to facilitate Bitcoin transactions. Currently, GainBitcoin has over 100,000 customers making online transactions through its channel. GainBitcoin has received positive reviews with recent changes in Bitcoin transactions such as daily payouts, reduced payout lags, customer friendly interface, and much more.
In 2017,AmitBhardwaj formed Mining Capital (MCAP) from the assemblage of crypto experts to helps the individual have access the thousands of coins in the technology market because of the increasing market value of Bitcoin.
In an interview with GolaYashu of Bitcoin News Service (newsbtc.com), Amit Bhardwaj explains that there is no better time than now for Indians to put their resources into investing in Blockchain technology. On the future of Cryptocurrency he stated that he is optimistic that this emerging digital technology would evolve to become a big surprise to all who have underestimated the potentials of digital currencies in decades to come. Presently, 10% of Indian population perform transactions with digital currency on daily basis it.
Amit Bhardwaj, in his book launch, he explains that the potentials of blockchain and cryptocurrency solution global transactions, however, it is largely yet to be tapped due to poor publicity among stakeholders.
In Amit Bhardwaj’s own words,“Blockchain and cryptocurrencies are set to transform the world with their efficient solution. However, the promise and power of cryptocurrencies remain to be unleashed meaningfully – as limited awareness across stakeholder categories plays spoilsport. My book has a simple objective – making readers realize that blockchain is just like the internet or motorbike- one does not need to know how the underlying technology to use it. The book empowers readers with requisite knowledge of the concept of blockchain and helps them appreciate its massive potential.”