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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.
Daniel Edwards CEO stealth mode blockchain startup Dan has over 10 years of experience in corporate development, operations and finance. Previously Daniel was the Vice President of Finance and Operations at CashBet. CashBet was the world’s only complete, crypto-ready iGaming platform. Under his leadership CashBet became venture backed, scaled international and achieved profitability. He also lead CashBet through a successful ICO and to become the first blockchain company in the world to sponsor a major league sports team, Arsenal Football Club from London. Prior to joining CashBet, Daniel worked as an Investment Banker at Financial Technology Partners, D.A. Davidson, Wells Fargo and Wachovia. He advised technology companies on mergers and acquisitions, capital raising and strategic corporate development. He has successfully closed over 15 M&A and capital raise transactions. Daniel is also a board member of several technology companies spanning from London to Silicon Valley. He has been a blockchain enthusiast since 2011 and speaks at conferences all around the world about blockchain and cryptocurrency. Daniel graduated with a B.S. in Finance & minor in Chemistry from Oregon State University.
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.