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Re: Texas AM17 post# 28955

Thursday, 03/13/2014 3:00:27 PM

Thursday, March 13, 2014 3:00:27 PM

Post# of 73703
GVegas, I'd like to hear more of this about Dino!
Do you have the full article, and can you post
it with the link brother?!
Good to see you here. Don't let these Negative Nellies
bother you.

In a perfect world where mining difficulty was lower, bitcoin prices were higher and a warehouse full of mining rigs could be run by one man, Dino the owner of North America’s largest bitcoin mining operation, could be earning $8m a month.

However, just like reports of bitcoin’s death, reports of Dino personal earnings are, unfortunately for him, exaggerated.

With the mainstream media continuing to paint bitcoin as a modern-day gold rush, Dino's rags-to-riches story has been of particular interest, even if it hasn’t always been put in the proper context.

To be fair, though, estimates of his potential earnings don’t seem unlikely when you consider he went from driving a $300 Honda to presiding over a million-dollar company in just under a year, and that bitcoin mining is still widely misunderstood.

Still, when the facts are examined, Dino's business is no less impressive.

To get to the truth of his story, CoinDesk spoke to Dino's about the increased attention his Washington-based warehouse operation (he won’t reveal the exact location) is receiving, how he built the company and how it earned $8m a month when bitcoin prices were near their peak.

Dino's summed up his transition, saying:


Diversify. We invest to make profits. You need to take profits when you have large spikes in stocks, especially if you are up over 100%.
At least sell half, and ride some free shares.
Have some stocks, EM, bonds, real estate, etc.