#53 JP Baric - All You Need to Know about Bitcoin Mining
JP Baric is the founder and CEO of MiningStore , a well-established technology company that designs, builds and operates large scale cryptocurrency mining data centers
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Bio of JP Baric :
JP Baric is the founder and CEO of MiningStore , a well-established technology company that designs, builds and operates large scale cryptocurrency mining data centers. JP has been mining since the Bitcoin was valued at $70/coin and regularly consults with Fortune 1000 companies entering the fast paced cryptocurrency mining business. MiningStore was launched in 2016, with a focus on reducing friction and increasing financial access to the cryptocurrency mining industry. From a young age, JP has always had a passion for being his own boss. Since starting a robotics camp at only 15 years old, he has created three businesses and has led the development of ten cryptocurrency mining sites.
What we Discussed:
- How he got into Bitcoin ( 3 mins)
- Which Wallet & Exchange he would recommend ( 5 mins)
- Explaining the Mining Process ( 6 mins)
- The damage to your ears from the Noise of miners ( 8 mins)
- Different options for Mining with Miningstore ( 10 mins)
- Duration from Green field site to operating the miners ( 13 mins)
- Can Pensions be used to invest ( 16 mins)
- Regulation on the Industry ( 17 mins)
- Energy Costs ( 20 mins)
- If the Power goes out ( 24 mins)
- Internet systems used ( 27 mins)
- Return on Investment ( 28 mins)
- Life Cycle of the Mining Machines ( 31 mins)
- Insurance for your Miners (33 mins)
- Social Media Tips after getting 10m Likes on Tik Tok ( 36 mins)
and more
How to Contact JP Baric :
https://miningstore.com https://www.tiktok.com/@jpbaric
https://twitter.com/miningstore
https://www.instagram.com/johnpaulbaric
https://www.linkedin.com/in/jp-baric-6372a764/
