How Does Bitcoin Mining Work? #bitcoinmining

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.

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Jamie Finn, CoFounder Securitize

Jamie Finn, CoFounder Securitize Jamie is a well traveled executive who has worked in 6 countries with startups & corporates. He is currently the co-founder and President of Securitize, the leading platform for Security Token Issuances. During his more than 18 years of experience he has participated in over $500m worth of transactions including Kontera, Sansa Security, Jajah, Tokbox, RingRing Media and Zingy and has seen his share of meeting rooms across the globe. His previous employers include Ericsson, Telefònica o2 and AT&T and he has worked at numerous startups including Zingy, RingRing Media, Thumbplay, Kontera and Sansa Security and Aki Technologies. He has been in San Francisco for the past 5 years after spending 6 years in London and becoming a Chelsea supporter. Jamie grew up in Puerto Rico and is a native English and Spanish speaker.

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Michal Pospieszalski President/CoFounder Rune Wallet

Michal Pospieszalski President/CoFounder Rune Wallet Michal passed 70+ certification exams resulting in 20+ IT and programming certifications from Sun, Novell, Microsoft, Oracle, and Cisco. He’s proficient ins C, C++, assembly, Java, Python, and everything web and network. Mehow has been programming since age 15. Initially focusing on network infrastructure creation he then moved on to network security and software security and performed some of the most pioneering early security work on gambling devices,electronic voting machines, military and intelligence systems as senior technical staff positions at Cigital and LECG Corporation. Additionally, he served as CTO of Intellibridge, an open source intelligence company from 1999 to 2001. At Intellibridge he worked with former national security advisor Anthony Lake and political scientist David Rothkopf. Intellibridge was acquired by Eurasia Group in 2005. Mehow is the inventor of the Rune Wallet and Rune ASIC.

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