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Crypto Mining With Nicholas Ashton

We explore crypto mining in this episode of The Next 100 Days with Nicholas Ashton.

Nicholas is knowledgable in the area of crypto mining and tells us about how he helps investors to make money through crypto mining. There is scope for 21 million bitcoins and millions have already been mined. By mining, Nicholas means algorithms opposed to the traditional mining way of digging with a shovel and pickaxe.

Crypto Mining, Nicholas Ashton, Cryptocurrency Podcast, The Next 100 Days


What is a Bitcoin?

Nicholas explains that a bitcoin is a digital currency. It was created by Satoshi Nakamoto in 2009. The idea around bitcoin is about decentralising the whole world of banking and giving the banking system back to the people. Nicholas explains that Bitcoins are blocks and once the information is put in the block can never be changed. Also, he adds that each time you add to the block your success and reward for that is a Bitcoin.


How much of a store of value is Bitcoin?

The media portrays Bitcoins negatively. Investors would be forgiven for thinking Bitcoin investing is a scam. Certainly, former President Trump recently said so. Comments which saw the value of Bitcoin plummet.

That said, Nicholas explained the real value of Bitcoin comes from the mining from the source. Will Bitcoin ever stabilise though? Nicholas explains that no one really knows. It is still early days for Bitcoin.

Get in touch with The Next 100 Days hosts…

Want to know more about Graham Arrowsmith?

Graham Arrowsmith, Managing Director Finely Fettled Limited, Meet ProfessionalsFinely Fettled – If you want more affluent and high net worth customers, investors or patients, Finely Fettled can help you. Who you attract as customers matters a lot. Why not deliberately get higher value customers? You’ll be able to access a comprehensive set of specialisms to achieve your goals and stand out in your field.

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Finely Fettled is a West Yorkshire based Marketing Consultancy. I work with a number of categories, including financial advisers, professional services, investment and care companies. If you would like my help, are friendly and co-operative, know what you want and when you want it, get in touch.

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Ever wondered what Kevin Appleby does?

Kevin Appleby, Consulting, GrowCFO

Kevin is a Chartered Accountant who has worked as a management consultant for a number of years specialising in finance transformation and implementing business change. Currently he is COO of GrowCFO.

GrowCFO is Where Finance Leaders Grow Together. Becoming a successful CFO requires commitment and dedication towards delivering your full potential. GrowCFO provides both a community and CPD accredited training designed to grow the next generation of finance leaders.

You can find Kevin on linkedin


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