Crypto Mining Nepal: What’s Real, What’s Scam, and Where to Start

When people talk about crypto mining Nepal, the attempt to mine cryptocurrencies like Bitcoin using local electricity and hardware in Nepal. Also known as Bitcoin mining in Nepal, it sounds simple: buy a miner, plug it in, and earn coins. But the reality? Most of what you hear is noise, scams, or outright lies. Nepal doesn’t have the cheap, stable power needed for profitable mining. The grid is unreliable, blackouts are common, and electricity prices are among the highest in South Asia. Even if you could get a miner running, the cost of running it for a month could easily exceed the value of the coins you’d earn.

Then there’s the legal side. Nepal’s central bank, the Nepal Rastra Bank, has banned all cryptocurrency transactions since 2019. That includes mining, trading, and even holding crypto. There’s no official license for mining operations, no legal protection, and no way to cash out legally. If you’re caught mining, you’re breaking the law—no warnings, no gray area. And yet, you’ll still find Facebook groups, YouTube videos, and Telegram channels pushing "Nepal mining rigs" or "Nepal crypto farms" with fake testimonials. These aren’t businesses—they’re scams designed to sell you overpriced miners or steal your upfront payments.

Some people try to mine using solar panels or generators, but that just shifts the problem. Solar isn’t consistent in Nepal’s monsoon-heavy climate, and diesel generators eat through fuel faster than a miner eats electricity. Even if you ignore the law and the costs, the hardware itself is a trap. Most "Nepal mining kits" sold online are outdated ASICs or fake GPUs that don’t even work. You’re not building a farm—you’re throwing money into a hole.

Meanwhile, the real crypto activity in Nepal isn’t mining—it’s peer-to-peer trading. People use LocalBitcoins, Paxful, and other platforms to buy Bitcoin with cash or bank transfers, bypassing the ban entirely. It’s risky, but it’s the only way most Nepalis interact with crypto. Mining? It’s not a path to income. It’s a path to lost money, broken equipment, and possible legal trouble.

What you’ll find in the posts below isn’t a guide to setting up a mining rig in Kathmandu. It’s a collection of real stories about crypto scams, failed projects, and regulatory traps—many of which mirror what’s happening in Nepal. From fake airdrops pretending to be Nepal-based to exchanges that vanish overnight, these posts show you what to watch for. If you’re thinking about crypto mining in Nepal, you need to know the truth before you spend a single rupee. The next few articles will show you exactly what’s real, what’s fake, and why you should walk away from mining here—unless you’re ready to lose everything.