SVTC Luncheon 12/16: Bitcoin Mining and the fundamentals of Digital Gold

Renewable energy, hedging against fiat currencies, HODL’ing, Proof of Work (POW), and preventing wasted flare energy from hurting the environment. These topics tend to be some of the most popular narratives surrounding the controversial topic of Cryptocurrency Mining. Join Scott Hancock, co-founder, and chairman of the board of Specter Mining, a leading distributor of blockchain and cryptocurrency mining computers headquartered in Harrisonburg, Virginia to get deeper into this fascinating topic.

About Scott Hancock: With more than 15 years of experience in driving revenue for high-tech start-up businesses and technology resellers, and after 4 years of being in the cryptocurrency mining industry, Scott Hancock believes he figured it all out.  Upon graduating from Christopher Newport University with a Political Science degree in 2006, he randomly pivoted into selling traditional data center equipment and services in Orange County, CA.  Scott learned of Blockchain and Bitcoin in 2011 but did not develop a significant interest in them for a few more years.  In 2017, Scott first began to think of coins like Ether and Bitcoin as a possible investment strategy.  As his interest continued to grow, he realized he had the fundamental skill set to begin selling these more exciting computers and related services.  Some have compared this new frontier to the Wild Wild West, and Scott found out for himself that’s exactly what it is.

Scott moved to the Valley from downtown Denver about 2 years ago to be closer to his (6-year-old) daughter Adeline and is excited to share his experiences and knowledge from the Crypto Mining industry with the Shenandoah Valley tech community.