Cryptocurrency Crash: Crypto Crash Leads to Hardware Fire

[ad_1] Mumbai: Worst bearish streak in crypto Having a ripple effect on currencies around the world prices of hardware which supported their complex mining process digital asset, Gone are the days when crypto currency miners and hardware makers participated in mullahs amid the recent boom in digital assets. In the wake of declining crypto prices, mining such digital assets has become impractical, resulting in miners dumping their high-end equipment for resale. Market Due to which the prices have come down. Sample this: Until a few months ago, if you needed…

Government may earmark an outlay of Rs 7,500 crore for manufacturing IT hardware under PLI scheme

[ad_1] New Delhi: Government may earmark an outlay of Rs 7,500 crore under production linked incentives Plan For IT Hardware products such as personal computers, laptop, pills and servers, according to a source aware of the development. Foreign companies looking for incentives under Plan An investment of Rs 500 crore may have to be made in four years, while the limit for domestic firms is likely to be around Rs 20 crore for five years, the source said on condition of anonymity. “MEITE (Ministry of Electronics and Information Technology) will…