How I built a bitcoin empire | Marco Streng | TEDxTrinityCollegeDublin

How I built a bitcoin empire | Marco Streng | TEDxTrinityCollegeDublin



“How I built a bitcoin empire” looks at how a simple college kid from Germany had his life turned upside down by the ‘rush for gold’ of the 21st century.

Marco is the 27-year-old CEO of the largest bitcoin mining company in the world, Genesis Mining. Trained as a mathematician, he dropped out of university to pursue his business idea. Today, Genesis Mining boasts 300,00 daily customers, and prides itself of having created one of the most sustainable and profitable business models in the Bitcoin Cloud mining world.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx

26 Comments

  1. If it was an empire in the beginning of 2017…what is it now then?

  2. HE IS A THIEF. I WILL DO MY BEST TO EXPOSE HIM AND HIS CRIMINAL COMPANY GENESIS MINING. HERE IS MY MESSAGE THAT I AM SPREADING ALL OVER THE NET TO INFORM THE WORLD:

    NEW WARNING! GENESIS MINING COMPANY IS A FRAUD. THEY ARE STEALING MONEY THROUGH A FORCED SALES SCHEME. HONESTLY I SAY THIS TO HELP INVESTORS CONSUMERS NOT SUFFER LOSSES. GENESIS IS ENGAGED IN A FRAUD SCAM SCHEME. THEY ARE PERFORMING THE PRACTICE OF TERMINATING CONTRACTS WITHOUT NOTICE. OPEN ENDED CONTRACTS ARE TERMINATED IN ORDER TO FORCE CONSUMERS TO INVEST IN THEIR NEW RADIANT CONTRACTS OR TO UPGRADE. THIS PRACTICE IS NOT ONLY UNLAWFUL BUT IT CONSTITUTES FRAUD. I WILL BE REPORTING GENESIS TO THE AUTHORITIES IN THE USA AND ALSO TO THE CONGRESS. I WILL REPORT GENESIS TO THE STATE THAT ISSUE A STOP AND CEASE ORDER AGAINST GENESIS PREVIOUSLY. THEY ARE IN FACT STEALING MONEY IN TERMINATING CONTRACTS UNDER THE EXCUSE THAT THE CONTRACT IS NO LONGER PROFITABLE BECAUSE ALLEGEDLY IT DOES NOT COVER THEIR MAINTENANCE FEES, WHICH IS A TOTAL LIE. I WILL SPREAD THIS INFORMATION ALL OVER THE INTERNET AND IN ORDER TO INFORM THE GENERAL PUBLIC ABOUT THIS FRAUDULENT ABUSIVE COMPANY CALLED GENESIS MINING. IF YOU HAVE EXPERIENCED SAME OR SIMILAR PROBLEMS, I ADVISE YOU TO CONTACT YOUR LOCAL AUTHORITIES AND ALSO FILE COMPLAINTS WITH YOUR ATTORNEY GENERAL'S OFFICE AND THE FEDERAL TRADE COMMISSION FTC. BUT DO NOT INVEST YOUR MONEY IN THIS COMPANY CALLED GENESIS SINCE YOU ARE TO LOSE IT. SINCERELY YOURS,

    THEY ARE STEALING MONEY FROM PEOPLE. THE CEO AND MANAGERS OF GENESIS SHOULD BE INVESTIGATED AND PROSECUTED FOR STEALING MONEY THROUGH A FRAUD SCHEME.

  3. Oneness {world without wall}

    Hlw

  4. You can blame that girlfriend believe me after 33 years on the planet men are 99.99% the ones taking risks and women love already institutionalized status symbols

  5. Easily the worst, most confusing, chaotic and useless talk, it's not his English. If simeone figures out why he's up there I'dove to know.

  6. I programmed the program and the program was programmed

  7. He still cant play Crysis on highest settings tho.

  8. SOAP DROP

  9. BG Crypto Network

    great talk, i can`t stop thinking about crypto and how it`s going to change the world

  10. It was $30 million he lost, back when the video was made. It would be $3 billion today. Has he killed his gf yet?

  11. Bitcoin mining has been made easy with the BITMAIN ANTMINER S9 hardware. With the help of the Bitmain Antminer S9 hardware connected to the blockchain Mining network, nothing but happy days ahead since. Don’t get me wrong, there have been bumps in this Crypto highway, the demise of the Silk Road, Mt Gox, DAO hack to name a few but as a HOLDer (holding on for the long duration) not a HODLer (hanging on for dear life) and not day trading, has rewarded me with quite a decent profit. It just takes a lot of patience (Sisu) and doing your research with due diligence. I have since invested in Ethereum (Dec 2015), Monero (Jan 2016) and lately Omisego (July 2017) all purchased from some of my profits from Btc to go along with my newly acquired free Bch and recently free Omg. I' currently operating 3 rigs equipped with 6 gpus each. 2 mining Eth and 1 Monero for now, all of which will be re-evaluated after Metropolis kicks in to see which direction I go from here. So I"m back to doing more research in order to help with my next moves but I'll always be a strong believer in Ethereum which is where I've made my money so far. HOLDing on to the rest for now. Btc $5,000-10,000, Eth $2,500- 5,000, Monero $200-400, Omg $100-1,000 no one ever really knows but MY research says yes and so far MY research has not proven me wrong. Bought Btc at $13.44, Eth at .80, Monero at .48, Omg at .43 Bch for free. No where to go but up for me. Just biding my time. It's taken me over 4 and a half years to get here but I've made over $4,000,000 so far with just my original investment plus the cost of my rigs and i’m still sitting on a lot more. Taking a position and HOLDing is where the real profit is and it isn't going to happen overnight. So if you want aggravation and ulcers go ahead and day trade, try and beat the Market I wish you luck but the real money comes with Research, HOLDing and Patience. Hope this advice helps because in the long run what it all comes down to, its just Eths, You and Me hopefully making the right decisions, feel free to get in touch with me via carlaugustine10@gmail .com, i will surely guide you on how to invest wisely in cryptocurrencies that will make you more profit at the moment.

  12. I just cut the cheese 🧀

  13. Total gloat no value or learning from this.

    Boring series of boasts from a young guy who made a lot of money.

  14. Udhayakumar Subramanian

    My 2000$ dash mining is yielding nothing !! Scammers scammers !!!

  15. scaleable greed, and you created what …

  16. Thanks for sharing how you made it, very inspirational!! What you did took guts.

  17. First Name Last Name

    Isn't mining a real waste of electricity?

  18. aS A GOOD SCIENTIS HE BELIEVES EVERYBODY IS FOLLOWING HIM, ANYWAY, THIS IS ANOTHER BRIC IN MY EMERGENCY "BUILDING" OF BLOCKCHAIN, CRIPTOCURRENCIES AND THE NEW WORLD THEY WILL BRING SUPER FAST, WE WILL SEE CORPSES ALL OVER WALL STREET, FROM THOSE THAT ARE NOT READY FOR THE NEW TIME AND ERA.

  19. History teach us so many leasons . Tho we still wont learn :)) . Its just a bubble . When is gonna clash investors will get rekt so bad

  20. Tell me best Bitcoin mining machine and it's price , where to order

  21. If anyone found that computer, they'd have 3 billion dollars.

  22. you can recycle heat back to electric?

  23. beautiful survivor bias at the end!

  24. THis is a Ted Talk? What the (bleep) is he talking about?

  25. necro_the_fallen_sand_monk

    im going to keep investing!

  26. Crazy! Is humanity worth fighting for? Soon most of the worlds power will be consumed to mine crypto currencies. Stop the planet please, I want off.

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