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A Chat w/ Coinmine CEO - How anyone can mine crypto
Manage episode 311154634 series 3085505
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In this week’s episode we sit down with Farbood the CEO of Coinmine, a company specialising in creating a plug and play mining rig for the home user. The Coinmine allows you to mine, Ethereum, Bitcoin, Grin, Monero, Cash and will soon support a Lightning Node! Amongst other topics, with Farbood, we discuss what Cryptocurrency mining is, if it is profitable and how the Coinmine works. 0:45 How did you get into the Crypto-space? 3:40 What interested you in BTC? 7:00 How does Cryptocurrency mining work? 13:30 Does Coinmine use pool mining? 18:00 Is mining Crypto still profitable? 23:00 What is Grin? 25:00 Is mining using the Coinmine economically worth it? 33:35 What is Coinmine’s Bitcoin Mode? 37:30 What is the environmental burden of mining and how can Renewable energy help? 42:15 Coinmine to support Lightning Network and Compound Finance 53:45 Quick Fire Q & A Twitter: CryptoAuthority Coinmine Websites: CryptoAuthority Medium Page Coinmine
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