Jered Kenna started to invest in Bitcoin when the value of one Bitcoin was only 20 cents. But who are the people who actually become bitcoin millionaires by mining or buying the crypto currency? Are they real bitcoin millionaires, or are they all mysterious like the Bitcoin founder Satoshi Yifu bitcoin? Get the entire 10-part series on Timeless Reading in PDF.
Save it to your desktop, read it on your tablet, or email to your colleagues. Meanwhile, get comfortable, as today we are introducing you to the 7 richest bitcoin millionaires. NYU student Yifu Guo engineered the first Bitcoin miner. In 2012 he founded Avalon, the first Bitcoin mining company.
The miners produced by Avalon got so popular that they were being sold as soon as they were released at a much higher price. Soon Guo left Avalon, and many companies started to build and sell mining rigs, but effectively he was the first one to do it and was the first one to become a millionaire by building these miners. These twin brothers became notorious after their infamous legal battle with Mark Zuckerberg. Having said that, they have now launched several successful ventures. After this, they founded the Winkdex, a company that tracks the average price of Bitcoin. In 2015, the twin brothers opened their first Bitcoin exchange in Gemini.
The company Bitpay, founded by Tony Gallippi, was the first company that created a Bitcoin payment processor. 1 million worth of payments each day. Bitpay is also known to be the first company to have agreements with major retailers. He started with quite a large amount of money, and he saw the result in several years. He launched several ventures too: Tradehill was his first company – an anonymous Bitcoindark mining pool. He now owns a craft brewery in Colombia and 20 mission collaborative workspaces for entrepreneurs in San Francisco. 8 million per month in 2016.
Charlie Shrem has a very interesting and controversial story of becoming a millionaire with Bitcoin. He started to acquire Bitcoins in the early stages at a very low price. The company was very successful. But in December 2014 Shrem was found guilty of money laundering in The Silk Road online black market. In 2016, when he was released from prison, he founded Intellisys Capital, selling investment portfolios in blockchain companies. Roger was already a millionaire when he got involved with Bitcoin.
He makes donations to charity, and he was the first one to invest in Bitcoin Startup. Charlie and Roger are very close friends. Will Stellar Lumens Be The Next Bitcoin? The Next Bear Market Around The Corner?
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