Ep. 30 - What Is Mining?

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6 • 821 Ratings

🗓️ 27 September 2017

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

*** this is not financial or legal advice*** Show Links: CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: twitter.com/Crypto101Pod twitter.com/BrycePaul101 twitter.com/PizzaMind www.instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto/ https://www.facebook.com/CRYPTO101Podcast/ **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2019 Boardwalk Flock, LLC All Rights Reserved Music: Peter Van UytFanck producer/sound engineer/ composer in Montreal Song: Memory Day-Michael Mooney-Album:Another World's Sun Loretta Lynn Coal Miners Daughter: https://www.youtube.com/watch?v=j8lchkhrxcE Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	Money and let down
0:03.0	I want to lay you open
0:08.0	She don't want to talk
0:13.0	Coming up show
0:18.0	Oh, my dad.
0:23.6	I love it, baby.
0:26.1	Yo, yo, welcome to Crypto 101.
0:27.2	This is Matthew Aaron.
0:29.6	And today we're going to talk about mining.
0:30.8	What is mining?
0:34.5	But before we talk about mining, I just want to tell you about my weekend trading.
0:40.2	And the past week or two, the market has been just a little bit cranky.
0:44.3	You know, Bitcoin has been down to maybe around, what, 3,500 or so.
0:47.6	And, you know, all the alt coins are down.
0:52.8	And, you know, it's just been hard for anybody who's bought into Bitcoin, say, you know,
0:55.5	when it was around 4,500 or up to 5,000,
1:01.7	or any alt coins at that time, because the market was just so healthy, you know, and bullion so hard that a lot of us are probably holding some bags right now.
1:06.6	I am one of those guys who are holding some bags.
1:09.6	And I did trade during the downward trend that we saw for, you know, a couple weeks.
1:16.8	And I made a little money.
1:19.5	I made a little bit of money on quantum trading between $10 and $15, how it was just, you know, kind of bouncing around in there for a while.
1:30.2	And now with that, it's down to around $9, $10 right now.
	...

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