A deep dive into the economics of Crypto mining and how NiceHash uses the GPU power of gamers, with Joe Downie the CMO of NiceHash
🎧Link: https://pod.link/the-fintech-files
🏦THE COMPANY
NiceHash is a global cryptocurrency hash power broker and cryptocurrency exchange.
👾Its focus is on gamers with powerful computers that can be used to mine crypto
Founded: 2014
🧌Users: 2.5 Million
HIGHLIGHTS
▶ How Crypto mining works via Proof of Work
▶The economics of mining for gamers
▶ Bitcoin as means of payment
▶How regulation is becoming a critical question
And more…
TO LEARN MORE
https://www.nicehash.com/links
TIMESTAMPS
00:00 YT - Powering Crypto with Gamers' Computing Power | Joe Downie, CMO - NiceHash
00:25 An overview of Cryptocurrency mining
01:21 How real is the image of crypto we see in fiction
02:46 How NiceHash powers crypto with gamers' GPU
05:29 How Gamers benefit from NiceHash
09:43 Who are the NiceHash users
15:35 How and why NiceHash built a crypto exchange
18:39 In proof of work all minors are equal (unlike proof of stake)
20:57 Main marketing challenges
24:00 Measuring marketing activities
24:53 The Nvidia defeat
27:00 Joe's outlook on Crypto: The Merge & Regulation
30:20 Alternative career path
31:01 Personal investments
ABOUT THIS PODCAST
Welcome to the podcast that unveils the future of investing, hosted by George Aliferis. George is a reformed banker and marketer and Chartered Alternative Investment Association member.
In each episode, we explore asset classes, trends and technologies, with founders, investors and experts involved in shaping that future.
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