JP says he left college over a decade ago to concentrate full-time on a career in mining cryptocurrency. Today, the 24-year-old Founder and CEO of a Bitcoin mining facility claims his company is generating over $1 million in Bitcoin every month.

“I believe that crypto is leveling the playing field between the haves and the have-nots,” says JP, who claims that investing in cryptocurrencies is one of the best things you can do with your money. “If they can monetize and support themselves from crypto – do it.”

But just how does it work? Watch JP explain the mechanics of mining Bitcoin to Dr. Phil in the video above, then tune in to Tuesday’s episode, “Cryptocurrency: Scam or Not?” to hear why some people are embracing cryptocurrency while others warn that it’s doomed to fail.

Check your local listing for airtimes.

WATCH: Bitcoin Trader Calls Cryptocurrency An ‘Antidote’ To Inequality And Corruption In Global Financial System

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