Cryptocurrency mining is painstaking, expensive, and only sporadically rewarding. Nonetheless, mining has a magnetic draw for many investors interested in cryptocurrency. This may be because entrepreneurial types see mining as pennies from heaven, like California gold prospectors in 1848. And if you are technologically inclined, why not do it? Daniel Edwards & Blake Richman explain the pros & cons of bitcoin mining & answer all your questions.
Bitcoin
How Does Bitcoin Mining Work #bitcoinming
Blake Richman Head Trader/Portfolio Manager NovaBlock Capital NovaBlock Capital is a blockchain and digital asset focused investment fund. Prior to his role at NovaBlock, Blake advised formation-stage funds on investment strategy, market dynamics, and custodianship. Before diving into the blockchain space, he held positions in venture capital and debt capital markets. Blake lives in Palo Alto, California, where he is involved in the blockchain investment and entrepreneur communities.
Guest post by @Blake Richman @Novablock Capital
Sonny Singh Chief Commercial Officer BitPay #raiseICO
Sonny Singh Chief Commercial Officer BitPay Sonny is one of the leading FinTech experts in Silicon Valley. BitPay is the largest processor of bitcoin in the world and has raised over $30M in funding from top investors like Founders Fund, Richard Branson, and Index Ventures. Previously, Sonny was the first Vice President of Sales and Business Development at Jumio which is a mobile payments and ID verification company that has raised over $40M from Andreessen Horowitz, and Citibank. Sonny is a frequent speaker on payments and ecommerce and is a Venture Advisor for Lumia Capital. He is also an angel investor in several companies including TubeMogul (IPO), Estate Assist (acquired by DocuSign), Getaround, Jumio, Civic, Sendhub, and Naritiv. Sonny has an MBA from Thunderbird, is a graduate of Binghamton University (NY) and studied at Cambridge University in England.
Steve Beauregard, Chief Revenue Officer Bloq #futurebitcoin
Steve Beauregard, Chief Revenue Officer Bloq Steve was the Founder and former CEO of leading blockchain payment processor GoCoin. Bloq brings distributed blockchain financial products to large enterprise customers and gov’t agencies worldwide. Prior to GoCoin, Steve ran an innovative enterprise software firm introducing new efficiencies through mobile and eCommerce applications. In recent years Steve has delivered keynote speeches at blockchain events worldwide and has spoken at top universities and corporations on cryptocurrencies and mobile solutions.