Operating a Bitcoin Mining Business, Bear & Bull Markets | Michael Dustaliyev | Stackin Sats #007
Manage episode 360138680 series 3442599
Plamenko is joined by Michael in Houston, TX during Empower 2023 presented by Digital Wildcatters. Michael shares his background into Bitcoin mining, how to scale a mining operation successfully, the highs and lows of bull and bear markets, and the cyclical nature of self-improving.
Michael is the Co-Founder and VP of Sales at AsicXchange, a company that specializes in the sale of crypto mining equipment. AsicXchange has an outstanding reputation in the mining industry, having helped many businesses successfully scale their operations.
SUPPORT
On-Chain BTC Wallet: 38yjk4PN9fyXyzrz34m2G3Rs8FVaafZYXa
Lightning Wallet Address: ghastlybeast15@walletofsatoshi.com
EPISODE LINKS
ASICXchange Website: https://asicxchange.com/
ASICXchange Telegram: https://t.me/AsicXchangeStore
PODCAST LINKS
Spotify: https://open.spotify.com/show/0Pi60eXnxVK7Y7olWpmzNo?si=f7e256ad7c584ddb
Apple Podcasts: https://podcasts.apple.com/us/podcast/stackin-sats/id1669828369
RSS: https://feed.podbean.com/stackinsats/feed.xml
Full Episode Playlist: https://youtube.com/playlist?list=PLZVMR1eHq9HsuayGJ2epKxAkxZrFWY2Hg
Episode Clips Playlist: https://youtube.com/playlist?list=PLZVMR1eHq9HsJ5RgwH1bQ0tMopUm5rlpR
INQUIRIES
Email: hello@fourspacemining.com
Telegram: https://t.me/plamenko_4space
Nostr: npub13qp4c97ww2u3877xnanmwwrwr5wtuxnu2wc5lca5tjgmqz5d5zyq5eeeqf
TIMESTAMPS
(0:00) - Intro
(2:03) - Judo, Weightlifting and Personal Responsibility
(11:03) - The Virality of Bitcoin
(14:24) - Michael's Background in Bitcoin
(19:45) - Hydro Mining in Canada 2017
(27:59) - Michael Begins 36MW Project
(33:53) - Procuring Large Orders of ASICs
(35:56) - Bitcoin Crash of 2018 and Preparing for Bear Market
(40:07) - Ecosystem of ASIC Sales
(46:12) - Dos And Donts of Purchasing ASICs
(54:28) - What To Do When You Make a Bad Deal
(1:01:50) - Global Ecosystem of Bitcoin Mining
(1:06:20) - Sustainable Models of Bitcoin Mining
(1:10:51) - Failing System of Fiat Currency
(1:17:06) - Outro & Last Words
WEBSITE & SOCIAL LINKS
Website: https://fourspacemining.com/
LinkedIn: https://www.linkedin.com/in/plamenkovasic/
Telegram: https://t.me/fourspacemarketplace
13 episoade