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Hi there. I’m Jamie Dessar, and I’m here on disruptive events to talk about crypto mining. Let’s start. What is crypto mining? How do I know about it? And sort of what got me into this in the first place. So my background is in computer engineering.

I built a few companies network solutions and they left me a lot of hardware, a lot of old computer parts left over. With that, I wanted to start exploring into the world of crypto mining. Who, what, where and why. So just to explain what is crypto mining? There is something called a blockchain. A blockchain is one big online transactional ledger which records every detail, every transaction, and every bits of money in and out of crypto wallets from. Someone needs to record this someone something. He used to put these on the ledger. And that’s where crypto miners come. So all a crypto miner really is is a mini accountant that’s computerised and programmed to record all these transactions onto the blockchain, onto the open ledger. And for doing that, you get rewarded in that coin. And this is obviously what I’ve been doing and this is what I’ve done over the last five or six years. So what got me into crypto mining? Well, as I just explains, I had a network solution company. I had loads of hardware and spare computer parts. And back in time, around 2012, 2013, crypto and Bitcoin was a talk on a few people’s tongue. They all wanted to buy these cryptos. Unfortunately, that wasn’t exchanges. That was an open place to buy it. So I had to find my way around doing this. And the best thought, the best way of doing it that was to get my old equipment and turn them into crypto miners. They started off on a very, very small scale, started using old tablets, old motherboards, or CPU’s old graphic cards. Before I knew it, I had a little fun. This started making me a bit of revenue and it obviously got me into the world of cryptos and I was enjoying it, loving it. I wanted to find out more. So I started going on YouTube, started looking at all the sort of online places and forums, trying to find ways I could sell it. And I realised GPU mining was the way to go with this. I purchased around 50 GPUs. I purchased a load of motherboards, power supplies, found a spare battery, and before you knew it, I had my first mini farm. Well, with mining and this is what a lot of people don’t realise. It’s not just running some hardware, it’s not just about making a bit of cryptocurrency. This is a real business. You have hardware costs, you have electric costs, you need some factor in staff. And well before I knew it, a couple of years down the line, I had my first mining business. Now a few tips to people out there trying to get into mining. So a few things you want to sort of look into. First of all, news wholesalers, you can buy equipment on eBay online directly from the stores. But if you really want to grow and scan a business, you need to make sure you get the cheapest sources. Next thing you need to factor in is your electric costs. Electric is your biggest overhead when mining. Okay, so there’s a few ways to do this. You can look to get alternative energy. You can look to get solar panels. So the way that I did this is I found a farm that had alternative energy through the use of silos of manure. And this obviously gave me the best rates to obviously maximise my mining potential. So this is one thing you’ve really got to take a look into. And the third tip I’ll give anyone getting into mine is do not cheap out on circuit breakers and a good electrician because if your equipment blows, you have nothing there installed. So as I said, those are your tips if you want to look into mining. So as I mentioned earlier, I started building a small farm. It turned into an actual business. But even then I knew I wanted to grow more. The thing is, coins get harder to mine, different coins coming to market and your constant in the battle between flipping your coins exchange them on a real exchange. Turn that into fiat currency because crypto is great to hold. But unfortunately if you are running a business, need to run your business with with there with sterling with the US dollar with euros in a currency that obviously a bank will accept. So that was obviously a big part of trying to find the dos and don’ts of the rights and wrongs and what I was doing. And that was one of the challenges I’ve had. But I got through it and a few years down the line, in the end I ended up got into a 2000 GPU server form. I had a few staff, it was a registered business and it was a semi success. As I said earlier, those things get harder to mine. Coins get depleted and it got to a cycle where crypto is such a boom. The public was buying so much and so it affected what I was mining at the rate of mine. And so this was a point that obviously I wrapped up things, sold off the hardware and led me to where I am now. The back end of December, I found my first ever job in blockchain right now, work with metal frames. And this took something from my past. Something as a hobbyist. Some. It was a bit of fun to turn into a business, and now I can use this in the real world. And that brings me to where I am here today. So, guys, I just want to thank disrupted seasons for having me today. So everyone out there, if you want to find more about metal frames of what we’re actually up to in the crypto space and in the blockchain area, please follow our socials, Instagram, LinkedIn and Twitter. All the information would be that. Thank you, guys. [00:00:10][0.0]