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Buying a Bitcoin Mining Facility

Buying a Bitcoin Mining Facility

Acquiring Minds · Will Smith

December 13, 20221h 12m

About this episode

Chris Koerner acquired a bitcoin mining facility he found on BizBuySell for $750k and now employees 11 people. Topics in Chris's interview:Bitcoin mining 101Challenge of finding real estate to host bitcoin minersEconomics & ROI of bitcoin miningUsing BizBuySell to find bitcoin mining facilitiesPrice & deal terms to acquire a bitcoin mining facility in TexasThe business of hosting bitcoin minersWhy it's difficult to buy minersThe business of reselling bitcoin minersHow the crypto winter has affected profitabilityCrazy story of partnering with the late John McAfeeLinks & how to reach Chris:Mining Syndicate (Chris's bitcoin mining facility)Video tour of Mining SyndicateBizyJohn McAfee's tweet of Chris's project No BSJohn McAfee interview by the Australian film crew (filmed the day Chris visited)LinkedInGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition Lab

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Topics

entrepreneurshipentrepreneuronline businessSMBacquireacquisition