Crypto Mining Powered by the Players | Joe Downie, CMO - Nicehash

Past Performers - by InvestOrama

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.