Mailbox Money Show

Bitcoin Mining vs Buying Bitcoin – Eng Taing


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So, you've got two ways to go, one is mining and that has its own risks, depending on what you mind and how you do mining and then there's buying it. There are a lot of different methods of doing that, Eng Taing, the Bitcoin whisperer talks about an investment path available for a fraction of the cost. Not only that, but he also talks about the technicalities behind the technology and the economic implications of this new frontier. At its heart, Bitcoin is an investment in infrastructure. You purchase Bitcoin infrastructure through Bitcoin Mining. Similar to gold and other precious metals, many profited from the surrounding boom of the gold rush, not necessarily the gold rush itself. We answer many questions in this episode, is Bitcoin a bubble? Is wide-scale adoption on the horizon? And will Bronson be less hesitant about crypto after this episode? Find out now!


In this episode, we explore:

01:40 – Buying vs mining bitcoin

02:09 – What is bitcoin mining?  

03:33 – Mining pool block rewards

05:18 – The competition will double

07:16 – Depreciation for mining hardware

08:44 – The advantage of wide adoption

09:44 – Blockchain technology

11:22 – Two layers of blockchain tech

14:28 – Bitcoin is digital gold

16:59 – Blockchain syndication fund

20:15 – The ease of setting up wallets

22:09 – The crypto native generation

23:43 – Bitcoin is a yield producing asset

25:34 https://www.touzicapital.com/


Connecting with the Guest:

Website: https://www.touzicapital.com/


#bitcoinmining

#inflationinvesting

#mailboxmoney

...more
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Mailbox Money ShowBy Bronson Hill

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