Acquiring Minds

Buying a Bitcoin Mining Facility


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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 101
  • Challenge of finding real estate to host bitcoin miners
  • Economics & ROI of bitcoin mining
  • Using BizBuySell to find bitcoin mining facilities
  • Price & deal terms to acquire a bitcoin mining facility in Texas
  • The business of hosting bitcoin miners
  • Why it's difficult to buy miners
  • The business of reselling bitcoin miners
  • How the crypto winter has affected profitability
  • Crazy story of partnering with the late John McAfee

Links & how to reach Chris:

  • Mining Syndicate (Chris's bitcoin mining facility)
  • Video tour of Mining Syndicate
  • Bizy
  • John McAfee's tweet of Chris's project No BS
  • John McAfee interview by the Australian film crew (filmed the day Chris visited)
  • LinkedIn

Get complimentary due diligence on your acquisition's insurance & benefits program:

  • Oberle Risk Strategies - Search Fund Team

Learn more about Walker Deibel's done-with-you buy-side advisory:

  • The Acquisition Lab

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
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Acquiring MindsBy Will Smith

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