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The last Moolah newsletter (for now..?)

Moolah
It’s been a month since I issued my last newsletter. I’m going to tell you why, and I’ll also tell you why I’m going to stop issuing more newsletters.
The primary reason I started Moolah was to get a job in crypto. I’m excited to announce that I’ve been able to cross that off my list: I’ve joined a small (but rapidly growing) crypto mining startup that is still in stealth-mode as we seek to raise additional funding for our next Series round.
Moolah was fun while it lasted (which—let’s be honest—was very short), but I’m thankful to everybody that subscribed and even more appreciative of those that took the time to read it.
Now that I’ve penetrated the industry, my heart’s just not in it anymore to continue a newsletter. Maybe I’ll come back to it one day after I’ve gotten settled into my new job. Perhaps it’ll even be focused on crypto mining (shout out to Compass for having an already awesome newsletter on this topic, by the way).
For now, I’ve got my sights set on two things:
  • continuing to write longer-form essays on my blog
  • getting back into learning programming and computer science
For anyone that wants to get a job in crypto, there’s never a better time than now. Start networking, produce things you can call your own, and be intentional about the role you’re seeking. Think hard about where you see crypto in 2-5 years. There will be winners and losers. Position yourself to join the winners. Obviously, we’ll never know for sure until the future becomes the present, but the least you can do is develop a thesis and have some conviction behind it. That way you can finally start to act, and refine your thesis as you go along. Career planning is kind of like investing in that sense. We’re all investors of our own careers. I hope your investment pays off.
Cheers,
Phil

Discoveries
This is the article that inspired me to start Moolah. It was written by Mason Nystrom, an analyst at crypto firm Messari. If I had to summarize, it really comes down to talking to people and building a personal portfolio. That’s what helped me get a job, at least. If you’re confused on how to get started building a personal portfolio, Mason offers a menu-sized list of ideas for inspiration.
Paul Graham is the GOAT of online writing. There, I said it. This essay from Paul was supposed to be given as a talk to a high school, but the school authorities eventually denied him from coming. No, it wasn’t a cancel culture thing. I think they just wanted to play it safe and not risk an independent coming in and saying a bunch of nonsense. Point is, this is another one of those life-advice essays. But it’s Paul Graham, so you know it’s good. Don’t @ me if you end up not liking it.
I will never not talk highly about Haseeb Qureshi’s blog. His posts on cracking the coding bootcamp helped me get accepted into two bootcamps (before I decided that I actually didn’t want a day job as a software engineer). His other post on blockchain development gave me a plethora of resources as I dove down the crypto rabbit hole. And this post—on learning hard things—has been hugely influential as I transition into a new role and new industry. What’s my biggest takeaway? Fight for your learning. Choose to look stupid. Ask the third question. When you’re trying to learn something that very few people, if any, are able to teach you, then it’s your even greater responsibility to find ways to teach yourself.
NFT of the week
Twitter thread of the week
Kevin Zhang
For #bitcoin miners, we’re about to see the largest difficulty drop EVER this upcoming week (Over 20%)!

Here’s a quick thread to get everyone up to speed!

👇👇
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Phil Hendricks
Phil Hendricks @PhilLHendricks

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