Editor’s note: This article was first published in March 2014; the $8 million a month it reports depended on the Bitcoin price and mining difficulty at the time, and mining economics have changed completely since then.
David Carlson has certainly managed to make the most of Bitcoin. As most of you already know, new bitcoins are created by solving complex mathematical problems, a process known as “mining”. Carlson has built one of the largest Bitcoin mining centres, using an army of computers inside two large industrial warehouses somewhere undisclosed in Washington state.
The KOMO News channel was given access to these warehouses, where you can see what are probably thousands of motherboards working around the clock to mine bitcoins. Carlson says he is making about $8 million a month in Bitcoin.
While some people have lost large sums of money with the closure of Mt. Gox, the largest Bitcoin trading platform, there is no doubt that Carlson is turning this digital currency into the best business of his life.
See also: What Bitcoin is and isn’t, in 4 quotes that define it perfectly
Featured image: Marco Krohn, CC BY-SA 4.0, via Wikimedia Commons.
