Proof of Work, Flux Mining and The Cloud


Hi everyone, we are back with another episode of our podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we catch up with Chris Hitchen,the founder of Mineeezi and host of the EEEZICrypto podcast. He’s doing so many things that we could do a week of shows about them, but today we are going to focus on Flux.

Welcome to the seventy-ninth episode of the Inside Crypto Podcast. This episode was recorded on July 7th 2022. Today we dive into all things Flux, from its function in the current mining ecosystem to what might happen after the Ethereum merge.

I also would like to thank my employer Amun Tokens for making podcasts like this happen. Please don’t forget to check us out and our products at tokens.amun.com.

Thanks everyone for listening and don’t forget to tune in next week where we interview someone else in the cryptocurrency universe.

𝕋𝕚𝕞𝕖 ℂ𝕠𝕕𝕖𝕤:

0:00 - Intro
0:50 - Chris' Background
3:05 - First Dive Into Crypto
6:56 - What About Your Hardware Costs?
8:58 - Mining in 2021
11:06 - Are People Getting Out Of Mining?
13:31 - The Possibility of The Market Improving
15:26 - Mining At A Loss
17:11 - What Is Flux?
20:48 - What's Coming In The Next Year?
24:26 - Are ASIC's Going To Enter The Flux Market?
27:42 - Hosted Mining vs. Doing It Yourself
31:04 - What About Bitmain?
33:28 - ASIC's and Profitability?
35:31 - Final Thoughts
36:51 - Outro

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InsideCrypto
InsideCrypto

Welcome to Inside Crypto by 21.co. The crypto podcast for the crypto-curious, by the world's leading crypto research company. Inside Crypto is a crypto-native podcast that gives you the latest on the evolving industry, the DeFi world, and insight on how


Inside Crypto Podcast
Inside Crypto Podcast

Welcome to Inside Crypto by 21.co. The crypto podcast for the crypto-curious, by the world's leading crypto research company. Inside Crypto is a crypto-native podcast that gives you the latest on the evolving industry, the DeFi world, and insight on how global events are moving digital asset markets. Inside Crypto uses proprietary research and industry experts to provide you with the most up-to-date findings on this evolving asset class two times a week. Tune in!

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