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 Mining
How Does Bitcoin Mining Work #bitcoinming
Blake Richman Head Trader/Portfolio Manager NovaBlock CapitalĀ 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