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Gaju Mining Journey - There and Back Again
We're back! Small team, many dragons to slay, most bigger than we thought!
Sorry for the hiatus in communication, as you will know, we've been working to make it possible to bring millions of people into mining the hashtag#Gajumaru, the only actual hashtag#blockchain that actually works, minting real money that really works.
There are many challenges to being able to do that. The software that would allow people from any walk of life to install, activate and run on any machine was one.
When we started development of Gaju Mining software in November, we thought we were taking on a dragon, but we thought it was a cuddly one. It turned out to be a mythological beast sized one to get mining and bespoke desktop wallet software to install and update automatically on multiple operating systems.
Alongside that was the challenge of de-banking. Its very real. Legality, as we found is one thing, permission from the controllers of fragmented, fractured infrastructure that taxes everyone's productivity is another. We thought that payments for a SaaS product would be simple, we were wrong - being 'crypto adjacent', or in plain English, we are selling blockchain mining software - meant that we needed to work with a payment service provider that would really listen, but their business model is not in listening.
Saving graces: an awesome team working on this and a phenomenal community that bought into this and supported us all the way through some tough times as we learned hard and invaluable lessons.
Sorry to have been so quiet for so long, but we're back and there is a lot to talk about from the last few months of monastic silence and hard rowing!
hashtag#Bitcoin followers who believed in the original vision - a peer-to-peer electronic cash system - might take note. It what Bitcoin promised would come, here, now.
00:00:00 Mining Distribution Challenges
00:15:48 Defensive Mining Strategies
00:18:26 Blockchain Incentives and Whitelist Mining
00:35:08 Building a User-Friendly Platform
00:54:38 Account Verification Challenges
01:07:40 Mining and Settlement Insights
01:11:16 Navigating Payment Obstacles
01:19:24 The Productization Gap
01:22:17 Payment Processing Challenges
01:28:39 Navigating Development Challenges
01:30:58 Installation Challenges
01:34:17 Just Around the Bend
01:37:40 Scaling Challenges and Innovations
01:47:04 Economic Sovereignty and Regulation
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