— layout: post title: “Building hashpanel.io: Part 1” date: 2014-12-28T16:53:53-05:00 —
Start Norfolk with my presentation on hashpanel.io. hashpanel.io is a web control panel for managing a group of bitcoin miners. My main challenge during the startup weekend was to communicate two things:
I partially succeeded and failed on each point, to an audience who is largely unfamilar with Bitcoin. After all these years, I’m still much better at building stuff than realizing value from the stuff I build. After a long string of business failures, my strategy this time is slightly different.
servers in college for friends, which grew into a nationwide network of colocated servers hosting hundreds of servers for online gamers. It failed because I did not do proper accounting, and drove the company in the ground by spending more on Google Adwords than our revenue allowed.
trackers were cool. Now everyone is building one, but in 2009 we started building the “BT Tracker”, and released a beta in the Summer of 2010. We found funding from the university and a private marketing firm to continue development, and released an app we hoped to go nationwide. Disaster struck when we found out some things about our investors we didn’t like after having dove into the deal without doing our homework, and my co-founders and I quit our startup.
new kind of web-based logistics software in an industry begging to be dragged into the 21st century. We abruptly lost funding nearly a year into our venture, forcing us back into the real world to find new jobs on short notice.
If this time fails, let it fail because the product failed. Or because I didn’t build it right. Don’t let it fail because I didn’t give it a chance.
doing, the technological aspects of what I’m building, and how I’m planning out my strategy.