The StartWell Podcast

Episode 8: The Economics of Mining Cryptocurrencies (Panel)


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Join our moderator, StartWell’s CEO Qasim Virjee in a discussion about how cryptocurrencies are ‘mined’ and the business models supporting this new sector’s evolution.  This live panel discussion was recorded in person as part of StartWell's guest speaker series on July 12, 2018 and included: Scott Howard (Cofounder, ePic Blockchain Technologies), Shelly Gray (ex-COO Greenminer, now Canada Blockchain Group), Scot Johnson (CEO, Digital Shovel) and Alim Khamisa (Director – Research & Business Development, HyperBlock)
[expand title="Podcast Transcript"]
Qasim Virjee 0:18
Is my cryptocurrency the economics of that? And I don't know where this conversation is gonna go, because I don't know, personally one person sitting up here with me. And to that end I've done my introduction and we're going to get them to do their and so if you guys could just tell the miner Governor like randomly that was yours you're going to share it just introduce yourself
Alim Khamisa 0:42
kick it off so my name is Leanne Cammisa you work for hyper block comm have a research there. We are primarily a mining company but also focusing on custody trading and
Scott Howard 0:55
buttresses Scott Howard are one of the cofounders of epic blockchain. So we're Tennant Castle, so we hang out here
Qasim Virjee 1:04
at Paramount.
Scott Howard 1:07
And we build microchips for blockchain mining. So we're in the design space we build, we build machines, that doesn't matter.
Shelly Gray 1:17
Hi, everyone. My name is Shelley green. I'm from Canada blockchain group. And we do a variety of stuff we do. Mining, we are hosted. We are also in developments with chips similar to spots, maybe a little bit more advanced but but similar, I'm also into the the education of just spreading the word if regards to this industry, what we can do to improve how we can work together, we can build it, we can ensure that we have a very long and successful future.
Scot Johnson 1:57
Everything they do is Scott Johnson, I'm with digital shovel. We focus on building modular mobile mining units who act as a host and to sell a solution to other miners, like the rest of them here.
Qasim Virjee 2:14
Well, that's all I got my own. I'm good. Thank you. Why is louder than you're really really good panel. And I'm very excited to engage you guys in this discussion, we've got to do a little bit of one on one to start, because I'm an ignoramus. And I don't know much about this topic. Except for what Scott as one of our member candidates, that struggle is told me the corridor and bathrooms and stuff. Yeah. Throw that out there to see, you know, bathroom Chatter is very important. So the topic is the economics of mining. And I think it's really interesting that out of the four people here, two people are involved in no three people involved involved in hardware. Three people are miners, or run operations that do calculations for money. Matt, Matt pimps and prostitutes all of you to some degree. So, okay, so we could take this topic in many ways. But let's talk really quickly about the basic tenets of m
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The StartWell PodcastBy StartWell