Vickaash Agarwal Of Blue Wheel — Leveraging Ordinals And Renewable Energy To Form The Globe's Largest And Most Profitable Decentralized Mining Operation

July 15, 2023
NFT Bluewheel | Bitcoin Mining

Get ready for this electrifying episode of the Edge of NFT podcast featuring Vickaash Agarwal from Bluewheel Mining. Discover how Bluewheel is revolutionizing Bitcoin mining by harnessing renewable energy and creating easier access to this lucrative industry. Vickaash takes us on a journey into the world of decentralized mining, where community involvement and the power of NFTs combine to bring everyday people into the fold. With daily Bitcoin rewards and a vision for a more sustainable and inclusive future, Bluewheel is paving the way for a new era of mining that you won't want to miss. Follow this conversation and be inspired by the innovative intersection of technology, renewable energy, and blockchain. Plus, learn how Netflix is the perfect Edge of NFT green room show for guests no matter where they are in the world, and hear more about the Secret Service's not-so-secret NFT collection that is unfortunately not for sale. Tune in for all of these and more!

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Listen to the podcast here

Vickaash Agarwal Of Blue Wheel — Leveraging Ordinals And Renewable Energy To Form The Globe's Largest And Most Profitable Decentralized Mining Operation

This is Vickaash Agarwal from Bluewheel Mining featuring Bitcoin mining with renewal energy to Ordinals community involvement. I'm here on Edge of NFT, my favorite show. Stay tuned.

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NFT-curious audiences, stay tuned for this episode to learn how Bluewheel Mining is creating easier access to Bitcoin mining, delivering daily Bitcoin rewards via Ordinals.

Plus, how Netflix is the perfect Edge of NFT green room show for guests no matter where they are in the world.

Finally, hear more about the Secret Service's not-so-secret NFT collection that is unfortunately not for sale.

Before we move on, we are launching a new show, Edge of AI. Snap into your safety belt. Prepare to explore the depths of the rapidly expanding AI universe. Episodes are important dispatches featuring hyper-relevant reports from pilots, pioneers, and passengers aboard the AI rocket ship. We're exploring the latest use cases and developments in AI. Hear from experts building the tech and learn how the disruptive force is transforming industries in society. We're launching on August 2nd, 2023 with an incredible launch party in LA. Look out for ways to get your ticket. Make sure to subscribe in advance by heading over to EdgeOfAI.xyz. Follow us on LinkedIn as Edge of AI and Twitter as @EdgeOf_AI. We will see you over there.

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This sponsored episode features Vickaash Agarwal of Bluewheel, an initiative leveraging Ordinals and renewable energy to form the globe's largest and most profitable decentralized mining operation controlled by the people. Vickaash Agarwal is a business leader, philanthropist, and advisor. His career highlights include a time as a partner at Illuminati Digital Capital, a $50 million fund based out of the Mideast. At the helm of Bluewheel Mining as CEO, Vickaash continues to innovate in the field. Bluewheel Mining isn't your standard operation.

This project concentrates on creating a Bitcoin or BTC mining setup underpinned by renewable energy, ensuring a cost-efficient and eco-friendly power source. Their community operates over 3,000 existing BTC ASIC miners and has acquired and installed 400 ASIC pods to extend their renewable energy mining reach to support the Ordinals community. By investing in renewable energy infrastructure, they're paving the way for greater mining capacity expansion. As they harness the power of renewables, they are contributing positively to the environment, reducing mining costs, and planning to further broaden their operations with additional miners and a private data center. Vickaash, welcome.

Thank you.

We know it's a little bit late on your end. We appreciate your flexibility to have this conversation about exciting stuff that you're working on. We're glad to have you on the show.

It has been a pleasure to be here. We met at NFT.NYC. I've been looking ahead to being on the show. Thank you for inviting me. Thank you for bringing me to the show.

It was great to meet you at NFT New York. We shared how we're always trying to push the edge of what's possible in innovation and tell those stories. Naturally, what you're doing jumped out at us. We're excited to learn more about you and Bluewheel Mining and how you're revolutionizing BTC mining. Can you start from the beginning of who you are and then what Bluewheel is all about?

I would start with my past. I've been a steel industrialist in the past, which was an energy-consuming industry. After COVID, Bitcoin was something that started making me more attracted to it, and I started exploring it. I completed my course education for cryptocurrency from The London School of Economics. Since I was a commercial guy, I went ahead to complete my FinTech course at Harvard. This gave me the whole scenario of Bitcoin as a seventh property rather than picking it up as a speculating asset. That's what made me interested in Bitcoin mining and Bitcoin stuff. I started with Ethereum mining and then switched over to Bitcoin mining.

In the last few years, we have expanded to ten megawatts of mining operation with 3,000 ASIC miners. When we do Bitcoin mining, we see there are certain challenges in Bitcoin mining. Bitcoin mining is the Web2 part of the Web3 world. It is an old traditional industrial business where you put on your server, which works with electricity. The people who take care of repair and maintenance and the servers are connected to the Bitcoin network, which solves the algorithm or participates in blogs. You get Bitcoin mining as a reward. Bitcoin mining is the most important part of the entire blockchain ecosystem. It's still in the Web2 world. We are trying to bring Bitcoin mining to DeFi, Ordinals, and the blockchain.

Bitcoin mining is the most important part of the entire blockchain ecosystem. Click To Tweet

How does it happen? We fractionalize the hash rate. When we talk about cloud mining, cloud mining may have certain double spending problems. You cannot track how much hash rate is being sold in cloud mining. Is there double spending on the miners or live links? NFTs and Ordinals make it possible for auditing the number of hash rates being issued. It makes it easy to give an explanation of the business or what we're doing when we come to the community. We're coming up with Bitcoin mining Ordinals. Initially, we were planning on Polygon, but that includes a lot of talent because you get BTC, convert to wBTC, build it to Polygon, and then send it.

It's interesting because you're talking about a lot of things that normally people don't talk about in one sentence. BTC mining, merging over to Polygon, Ordinals, and all these things didn't fit together as far as I can tell. You're building some bridges here across Web3 that are uncharted waters. That's cool.

The activity on BRC-20 made us come on the Bitcoin chain and work on Ordinals where Bitcoin gets airdropped directly to the Ordinals wallet. That makes the process very simple and cost-saving. As Bitcoin miners, we want to be loyal to Bitcoin mining networks. We're coming in with 2,300 Ordinals NFTs backed by 400 ASIC miners. The miners have already been set. We are not looking to raise funds to set up the miners. Anyone buying NFTs will start getting the Bitcoin ROI within 24 hours of buying NFTs. We will be launching NFTs.

Let me add a few things there. Josh was alluding to it, but you're going away from the traditional Bitcoin mining piece. You talked about it through the cloud and making sure there's no double spend, but one of the ways that you describe it differently is called the Bluewheel Mining as a term. You were going into it, and you dove into how you're now going into the Ordinals' side of it.

There are two kinds of people reading this. There are people who understand the Bitcoin mining world, and there are those who don't. For those who don't necessarily understand, can you break it down a little bit more? How is your approach unique from a mining aspect? What is this extra DeFi awesomeness that you're bringing with the world of Ordinals?

The mining aspect is we take care of mining operations. The mining operations are made live on the website where you can see how many machines are working through a third-party watcher link or a third-party pool link like Binance Pool or Antpool. When we make this live, you can track the number of miners working and what numbers of ASIC pods are online, live, or active. You may get one inactive when something gets faulty. You can track the production of Bitcoin, which is shared from a third-party pool from our side. That makes it more transparent.

We're not doing anything rocket science. We're not making any false promises for ROI. We're bringing the Bitcoin ecosystem to the community to be part of it. Bitcoin mining has challenges. You need to have minimum investment, look up the legality of the countries, pay taxes, import machines legally, and find out an authenticated center to set up the miners or have your legal Bitcoin mining center and repair and maintenance. It's a full-time job. It's not a part-time job. You buy Ordinals. We take care of your miners. You get your Bitcoin rewards every day.

You are on board with the decentralized themes here that come with Web3. That's the future that you envision as well through a novel mining model. Can you tell us a little bit more about that?

We fractionalize the hash rate of the mining operations. When we talk about the fractionalizing of hash rates, we don't say that you get a certain hash rate. We assigned 400 for the Ordinals. We may have 400 ASIC miners. It's an S19J Pro 120-terahash machine, the model that we talked about. You may have 400 machines working. You may get five machines faulty. The 395 get divided equally among the Ordinals NFTs of batch one. It becomes more decentralized because whatever the production counts is live. Bitcoin comes from the mining pool. It goes directly to the NFT holders.

The mining operation is being controlled on the back end. We will be giving audit reports and everything on a quarterly basis to the miners and all this stuff, but community involvement brings it to DeFi. Our NFT is $550. You invested $550 in NFTs, and you get a certain share of the hash rate of Bitcoin. In DeFi, you stake your NFT and lend $400 against it. You have invested $150. This is only possible when the community is working toward it. We're trying to bring Bitcoin mining to the community. Bitcoin mining has been part of large investors, which internally we call wheels. We're trying to make community wheels now.

Bluewheel Mining aims to bring Bitcoin mining to the community. Click To Tweet

In a lot of ways, you're decentralizing something that has been relatively reserved to a smaller population of folks that have participated in this aspect of the blockchain economy. Buying miners is not only expensive, but it's complicated. Which one do you buy? When do you buy it? Is it going to work? Does it have a warranty? These are all concerns that people have when they have looked into miners. It can be overwhelming. What you are doing in terms of daily Bitcoin rewards is pretty novel. Could you talk a little bit more about how that mechanism works?

We have miners set up. The miners are connected to a mining pool, usually Binance Pool or Antpool. You have Luxor and Foundry. Miners are connected to a certain mining pool. The mining pool sends Bitcoin rewards to the wallets. We're creating a smart contract on Ordinals with a formalization where Bitcoin goes to the Ordinals wallet or Ordinals smart contract. There will be a deduction of electricity charges automatically based on the terahash or petahash used by the miners and our management charge. We would be charging a management fee of 10%. The rest of the BTC saved would be immediately distributed to NFT holders. It will automatically be pushed to NFT holders' wallets.

It's pretty special. Back when we were meeting and talking at NFT.NYC, what was cool about the way that you were going about this was that given your everyday-person access to Bitcoin mining, most people that have heard of Bitcoin mining don't necessarily have the expertise or the funds to go and buy a whole miner, set it up, and even know what to do if somehow your miner goes offline and everything else that deals with this. You have a good team to be able to set this up. You now have ways that people can find Ordinals and get access to this. To set all this up, you need a great team. Can you give us a little bit of information on the team you've been able to create to help put all this together?

For Bitcoin mining, we already had our team. We have hardware engineers working on it. We have a set of 7 to 8 hardware engineers who keep on watching links. We have a set of people who take over cases for repair and maintenance of the devices, especially for Ordinals holders. We were early on NFTs. It will take time for me to catch up with the Ordinals world. We have been working on Ordinals. Technically, I have been an investor in projects. I'm not a blockchain technical guy.

I started with this plan of coming up with Bitcoin mining NFTs. We have been working for one year, finding the right team for marketing, the right team for designing, and the right technical team because we need to be very safe with the technical part. We're attending a lot of conferences, meeting people, and selecting people. Finally, we have Defination Studios from Singapore, which is working on the blockchain with us. They have already been part of two gaming projects. They have a good marketing team. Most of us are part of one of the NFT projects for marketing.

For security, we have Amalia Grochal. Amalia advised the security part of the smart contract. We are talking to an interesting company. They implement the smart contract. They have a platform on Ordinals where you can implement a smart contract, but then you don't have to take care of security. They take care of it. They're also working with decentralized and DeFi Ordinals lending projects.

We're trying to integrate all these things together for a common solution for the people. Initially, we were coming up with Ordinals. We will be coming up with Bitcoin DeFi tied up with a third party. We will be coming up with Ordinals lending. There are a lot of products coming up. People who have Bitcoin in their wallets will have multiple options to do so. We're making their lives easy. We're working for them and giving them all the solutions for whatever they want to do.

NFT Bluewheel | Bitcoin Mining
Bitcoin Mining: People who have Bitcoin in their wallets will have multiple options. We're making their lives easy.

It has been great learning about what you are up to here. We would love to know a little bit about what the roadmap looks like going forward and interesting plans in the works, partnerships, and other things that are worth mentioning.

We have the roadmaps on the website. The first roadmap is setting up 400 miners. It has been achieved. We will be launching with Ordinals. We will be performing for 2 to 3 months. We are very happy with the ROIs. We are coming in to taste that. We will be coming up with NFT lending solutions and NFT-seeking solutions as well. NFT lending is very much available on Ethereum, Polygon, and Solana, but on Ordinals, we are looking for it. Someone will be coming up with it, but that's an interesting solution as well.

You have Ordinals. You're not happy with the returns. You can lend your Ordinals to someone for a year. The Bitcoin revenue goes to them. After a year, you get your Ordinals back and start getting your revenue. That's a use case for what you're looking at. We will be setting up 1,200 miners in the next lot. We then we will be setting up 1,800 miners in the third phase. Apart from that, we will also be tying up a lot of traditional HNIs and funds to set up the miners. The clear focus is on Bitcoin mining.

Taking a step back, you've been in this space for a long time, and you've seen a lot of innovation intersect with your world. Are there any other projects that you're particularly excited about happening in this space that you have your eyes on?

I have my eyes on the BRC-20 network. Not a lot of activities are happening there. You don't have a BTC or Bitcoin directly lending solution. Normally, when we mine, we don't sell our Bitcoin in case we want to create liquidity. We take Bitcoin and some funds against it and pay our receipt invoices or use it for expenses. What do we do? We don't believe in selling Bitcoin. In the procedure, we convert BTC to wBTC, change it to Ethereum or Polygon, go to Aave, Compound, or any DeFi, and then stake it there, but technically, wBTC is an alternative to BTC on the chain. BTC is the only decentralized part.

NFT Bluewheel | Bitcoin Mining
Bitcoin Mining: We don't believe in selling Bitcoin. In the procedure, we convert BTC to wBTC, change it to Ethereum or Polygon, go to Aave, Compound, or any DeFi, and then stake it there.

I hope that there are a few projects like Liquidium. 1 or 2 Bitcoin projects have been heading them and helping them. I'm talking about Bitcoin networks. Those would be community-driven. It's a real community-driven Bitcoin DeFi. You have a Bitcoin bank coming on BRC-20. You have an Ordinals landing protocol coming on BRC-20. BRC-20 and Ordinals are getting very attractive.

It's DeFi for the world of Bitcoin. It's exciting times. It's always interesting to talk to some Bitcoin maxis and hear some of the things they're excited about. I'm like, "You realize you're talking about DeFi now." It's cool to see the conversation expanding and getting livelier. That's cool stuff.

Thanks for all that. It's time for Quick Hitters, which is always fun. I love Quick Hitters with folks that come from different backgrounds and parts of the world because we always learn unique cultural things as well. Edge Quick Hitters is a fun and quick way to get to know you a bit better. There are ten questions. We're looking for a short, single-word, or few-word response, but feel free to expand if you get the urge. Let's do it. Number one, what is the first thing you remember ever purchasing in your life?

I remember purchasing the GPUs for setting up my mining career in early 2020 before COVID started. That was my very first purchase. I was excited. It's entirely set up by my hand. I bought a motherboard. I set up eight GPUs with the motherboard and started mining for the first time. Initially, I planned to learn and set up 20 to 30 GPUs. In a month's time, it was so exciting. ROI was so good. I ended up with 500 GPUs. It was a small office. I had to turn down the entire operation for three months because I didn't know anything about airflow management. I had to get some guy to come in and do airflow management.

#LifetimeMiner, Eathan.

I'm also guessing he thinks we were asking what the first crypto purchase was. This is throughout your whole life. Feel free to reach back all the way. What's the first thing you remember ever selling in your life? It could be crypto or non-crypto.

I would talk about crypto because I mined Ethereum and sold my Ethereum at $800 to buy Bitcoin miners in 2021. I'm not going to forget that anytime. I sold an Ethereum for close to $4,000. I could have waited for a month.

Josh, do you want to hit question number three?

What is the most recent thing you purchased?

I bought 100 miners.

Those are the new top-of-the-line ones.

We are setting up the S19J 120-terahash, the latest one.

It's a nice, new, and shiny car for you. That's your version of a car. What is the most recent thing you sold?

I sold Bitcoin to pay for invoices. I did not sell anything. I'll be selling Ordinals.

You sold some Ordinals.

I did not sell. We will be launching. I didn't sell anything as of now.

It sounds like you will be selling some stuff soon though. We will have to check back in. Here's another one for you. What would you consider your most prized possession?

The most prized position would be my commitment, my focus, and my dedication. When you talk about values and monetary terms, it's my Bitcoin.

If you could buy anything in the world, digital, physical, service, experience, or anything that's currently for sale, what would it be?

I would love to buy the distressed mining centers being sold around the world, but I don't have so much money to buy. It's interesting to see the US has so many Bitcoin mining locations being sold now at the floor price.

Question number seven, if you could pass on one of your personality traits to the next generation, what would it be?

Innovation and adaptability. Being disciplined, dedicated, and hard-working is something I would like to pass on to the next generation.

Here's the flip side. If you could eliminate one of your personality traits from the next generation, what would that be?

To be honest, I get very impatient. I would ask the next generation to be patient and not be greedy.

It's easy to do. You don't want anyone to call you Scrooge McDuck. That's not a label that anyone wants.

You buy a token. The token goes 20X. You wait. It's going to go 100X. In the end, it comes back to 5X. Don't be greedy. Be disciplined.

Play the long game. What did you do before joining us on the show?

I was watching Netflix.

Was this an Indian show or a US show?

I'm watching the series Suits.

It's awesome.

My wife has been binge-watching Suits.

Me and my daughter were watching together.

I know the answer to this question, but what are you going to do next after the show?

I have a call with my marketing guy. He told me, "After the show, please call me and give me updates." He was calling. I talked to him.

I assume you're going back to sleep at some point.

We have been working on launching. Most are based in the US. We have been talking late at night. I've been sleeping at 2:00 or 3:00 and making progress. That's fine.

There are long days in the world of global blockchain businesses for sure.

It's good. During the day, I focus on the mining business, and at night, I focus on marketing for that client. I distribute the work.

You're a person that is dedicated to hard work, discipline, and everything else. For the bonus question, I'm sure you've gotten some powerful advice back in the day. What is the best advice you've ever received that you want to share with all of us?

There are different kinds of advice that I received from my parents and my friends. The best advice is to be honest, be yourself, and do your best.

Be honest, be yourself, and do your best. Click To Tweet

It's time for game time here with PlaySwoops.com. It's a sponsored segment that has us managing the Edge of NFT Travelers on a mission to win the Swooper Bowl, playing along with a game called Swoops, which is an online supersized version of fantasy basketball where you can have your teams, coach them, and trade players as NFTs and stuff like that. We are coming to the halfway point of this season. That means Swoops has been putting on their All-Star challenges, but before we get into that, let's check out the power ranking real quick to see what teams are performing the best.

Here are the top ten as we speak. We're looking at Star Gods as number one and KnightsOfDegen as number two. Three is Swish Beatz. The King and The Duck is four. Boston Blockchains is number five. Josh, you can at least be proud that Boston is being represented in the top five. We do know some of the KnightsOfDegen crew. We're not on the list, but we're trying our best. Globe Troners are rounding out the top ten at the bottom here. Our team of Travelers won against them. That is good for us.

We're at the halfway point of the season. Every season, the team over at Swoops looks through the teams and their players, searching for the best of the best for an All-Star squad. In that case, the team then creates an A-team tournament comprised of 40 All-Star Swoopsters, 16 guards, 16 forwards, and 8 centers. No more than one Swoopster team is eligible to make the final cut. Any teams with two good players only have the opportunity to send one to the All-Star game. Richard, tell us about how people can find out if their player made the cut and what they get.

Those 40 Swoopsters selected will be announced as All-Stars on a Twitch livestream event happening on Friday, July 7th, 2023 at 3:00 PM Eastern Time on Twitch.TV/PlaySwoops. Eight team owners within the Swoops community will earn the right to be All-Star captains by finishing first or second in four designed in-season All-Star captain challenges, three of which have already taken place. The fourth and final All-Star captain challenge is live.

There's still a chance to win some cash in the post on a team. Owners with a player that makes the All-Star team will get $75. If at the end of the tournament, your player is on a winning All-Star team, you will receive an additional $100. Finally, the winning coach of the team who wins the tournament will get $150. They're all great opportunities you need to go and check out. This last challenge is ending on July 7th, 2023 at 12:00 PM Eastern Time. Swoops is looking for the player that comes out with the biggest sum based on the equation shown.

If you're looking for Swoopster's first ten games, we will make three-pointers plus make free throws and subtract them from the total of the players' missed threes and free throws to come up with the final deciding tally. If you think you have a player with a high-end rating based on that equation, now is the time to get in there for your chance to win some cash and get a spot on the Swoopster's All-Star team tournament. Josh, tell us about what happens after the livestream and announce the winning teams and their players.

Eight teams will be chosen based on these All-Star challenges. Those eight owners will get a chance to compete against each other in a snake draft where the draft order will be randomized. Those owners and their teams full of Swoopster All-Stars will compete in the final $150 prize challenge. It's all very exciting. I am a little bit sad that this is the last official segment around the Swoops. We will be playing with our team and having fun. I want to thank the Swoops team for giving us this opportunity to participate in a special and sophisticated simulated basketball game on the blockchain using NFTs. You keep innovating all the right ways. I want to thank our community for engaging with us on this adventure. Are there any other parting words, Eathan?

I have to second that it has been fun. It has also been fun to see them making new endeavors and improvements throughout our time playing Swoops. There are lots of new stuff that they're pulling out. They're making it more fun and improving this user engagement experience. I'm loving it. Everyone should get over to PlaySwoops.com to learn more or check out their page on Twitter @PlaySwoops.

On the 7th of July 2023, the All-Stars are announced. On the 11th of July, the All-Star draft. On the 13th, the All-Star tournament. Good luck making the team. We will see you over there. The team over at PlaySwoops.com was great to work with. It was a ton of fun sharing our experiences playing Web3 basketball. Anytime over there you get a chance to put in a code, don't forget to represent as part of our community. We got a little bit of time for Hot Topics. Should we do it?

Let's hit a few.

Let's hit number one here, "Kendall Jenner to Judge NFT Competition. Fashion models Kendall Jenner and Kate Moss, musician J Balvin, artist Jeff Koons, and filmmaker Baz Luhrmann are among the celebrities set to serve on a panel that will select winning pieces of digital art to feature in an upcoming NFT collection, which is being organized to benefit The Foundation for AIDS Research, amfAR."

That sounds like an interesting crew to pull together. Jeff Koons is hanging out with Kendall Jenner and judging an NFT collection. I find it fun to see who's involved in this market where things are jumping up and down a little bit. They have been down. They're moving up, but this sounds like a serious thing going on. What are your thoughts? Did you get invited to that panel, Josh? I did not.

I missed that invite, but it's all good. I have been to plenty of Web3 events and more coming up. It's interesting. I saw a documentary about Jeff Koons. He's someone that has pushed the envelope of artistic expression for many years. Some of his sculptures have ended up costing millions of dollars to create them. He has a whole team. He has been pretty thoughtful about this Moon collection that he's doing. I know that wasn't the focus of the article, but I did want to mention this. If anyone is interested, check out this Moon Phases collection, which Jeff did. He tied a sculpture to an NFT and sent it off to the moon. He's another interesting judge here, not just Kendall Jenner.

The only thing I was going to add was what's cool about NFTs. When we went to Outer Edge LA and some of the other events throughout the years, and you're around these creatives, two things bring it together. It's the expression of arts and then philanthropy. When you merge those two together, you get some cool people in the same room going after cool initiatives, which in this case was the benefit, The Foundation for AIDS Research. Find those things that bring people together and that people can be fired up about but then also talk about innovative things on how technology has continued to elevate forward through NFTs and other artistic values. I still am super bullish on where all of this is headed.

To that point, I was having a conversation with someone about what's going to ignite the US market most with Web3. Their point was social impact. We saw a lot of social impact companies come to Outer Edge and be part of the conversation. I interviewed someone high up in Fidelity Trust that did a huge social impact project with a bunch of artists. It was very successful. We had a conversation here with Vickaash about renewable energy infrastructure. All these topics about making the world greener and a more positive place are great tie-ins to Web3 and community building.

There's a callback here. I remember some of the early big-name newsmaking NFT sales. There have been components where people are experimenting with the technology. There are situations where the fact that the funds or purchasing NFTs for the good sidesteps the question of, "Is this something that has some long-term flippable value or something like that?" The question oftentimes comes back down to how there's digital ownership involved. There's a piece of art that people treasure. There's that initial recognition of the moment of calling attention to an important issue or something like that. You see that as a trend.

Eathan, do we have time for one more?

We will take the Secret Service one. That's interesting, "Secret Service has an NFT collection, and no, it's not for sale." I would guess they already have confiscated some NFT collections as well at this point, "They have shed more light on their bizarre non-fungible token collections sitting on OpenSea." They have one on OpenSea. We have to check that out, "It was first revealed during a Reddit AMA on May 16th, 2023. Agents answered questions from members of the r/cryptocurrency subreddit."

"Until this time, not much of an explanation was provided, but at this point, agents from the San Francisco Field Office, known as the Digital Asset Technology Alliance DATA Squad, said they wanted to better understand how NFTs work. The forensic financial analyst Andrew Frey, the agent who spearheaded the AMA, said it serves as a forward-facing example of the agency's interest in the broader crypto ecosystem. The squad is a subunit of the SF Field Office. They deal specifically with crypto-related crimes. Special Agent Alfonso Speed said that everyone from the DATA Squad had their unique NFT, each one being specifically personalized to each field agent."

In this particular case, it seems like a learning exercise. To learn about something, you have to play around with it and get your hands dirty. This calls back to another news item we talked about. It was the German Secret Service or something like that. It had a way of locating smart agents. They had to discover some hidden NFTs. They had to solve some special puzzles and stuff like that.

I was thinking about that one too, Eathan. It was a convo we had. They're being pretty conservative by not selling these things. That opens up all sorts of questions and probably concerns when you're dealing with the Secret Service, but kudos to them for getting their hands dirty and getting involved in the process of creating these things.

We know regulation is coming across the overall blockchain space. We don't necessarily know how that will shift things with NFTs yet, but education is where it all begins. That's why we do the show, our conference, and events. The best way to learn is to try something. We want everyone to get comfortable with using this technology. There are probably not that many people in the world still that have gone through the whole process of minting an NFT. It's cool.

Shall we move on to the next segment?

Let's do it.

Up next, we want to check in with you, Vickaash, and before we wrap here, see if there's anybody that you would like to shout out in the global community or your local community, maybe someone you would like to shout out on Twitter, a person, or an organization you might have a special connection with. Does anybody come to mind?

Here's a shout-out to Edge of NFT. Thank you for hosting me, taking the time, and working with me. Here's a shout-out to the Bluewheel team, my entire hardware team, my marketing team, the Bluewheel Mining advisors team for advising me, and the website designers team. Here's a shout-out to the CryptoCrowd community. We have a group at CryptoCrowd.

Thanks a lot for sharing those. We appreciate that. It's always a fun time to find out about interesting projects that people might know about. We got that awesome right-back-at-you shout-out that we don't often get back to the Edge of NFT team. Thanks for that. We're about to wrap here, but we always have to know where audiences can go to learn more about you and the projects you're working on. Say your websites and socials.

You can go to www.BluewheelMining.com. You can find links to Discord and Telegram. We have all the information on the website.

That's easy. We appreciate it. It does seem like we do have a note here about a potential giveaway, a little whitelist opportunity. We will put our details out on socials on how people can get involved there. Is there anything else to say about that?

We're happy to give away ten whitelistings. We have 2,300 Ordinals. We're happy to give.

Thank you so much. We have reached the outer limit at the show. Thanks for exploring with us. We've got space for more adventures on this starship, so invite your friends and recruit some cool strangers that will make this journey all so much better. How? Go to Spotify or iTunes, rate us, and say something awesome. Go to EdgeOfNFT.com to dive further down the rabbit hole. Look us up on all major social platforms by typing EdgeOfNFT and start a fun conversation with us online.

Lastly, we have a new show we're launching on the 2nd of August 2023. You can pre-subscribe for that. It's called Edge of AI. We're delving into the AI territory. If you want to learn more or subscribe, you can go to EdgeOfAI.xyz and look us up on LinkedIn at Edge of AI as well as Twitter @EdgeOf_AI. Make sure you get those follows in early before we launch so you can onboard the rocketship before it takes off. Be sure to tune in next time for more great content here. Thanks for sharing this time with us.

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