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Operating a Bitcoin Mining Business, Bear & Bull Markets | Michael Dustaliyev | Stackin Sats #007
Manage episode 360138680 series 3442599
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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
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