Crypto Mining Computers as Passive Income

Wealth Without Wall Street Podcast
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What This Episode Is About

A few months ago we couldn’t even spell “crypto” and now we’re investing in crypto mining computers? Have we lost our minds?!

We always say you should invest in what or who you know and, while we didn’t know anything about crypto mining, we did know the CEO of Divvy Services, Bob Burnett.

We sat down and had a chat with Bob and the light bulb came on. We finally had a better understanding of blockchains, cryptocurrency, and crypto mining. After that, it seemed like investing in some crypto mining computers was a no-brainer for us and a perfect way to bring in passive income.

Take a listen to this episode to find just what crypto mining is and why we felt it was something we wanted to be involved in.

Mentioned In This Episode:

  • What exactly is crypto mining?
  • Are we crazy for investing in crypto mining computers?
  • Why owning crypto mining computers appear to be a perfect form of passive income
  • Is cryptocurrency and mining just a fad?

Resources:

2 Comments

  1. Chris Eaker on 07/06/2018 at 12:43 AM

    I couldn’t tell 100% from this podcast how this investment actually works. I got that you buy a computer, but what does the computer actually do? How do you get paid from it? How much does a computer cost? Is this something we can set up a call about? Thanks!

    • wealthwithoutwallstreet on 10/26/2018 at 2:41 PM

      Chris, thanks for asking. In short, the mining computer does “work” for the crypto network and gets paid in the currency it is mining. The price differs, so Bob Burnett at Divvy is your best resource. The best way to connect with him is on LinkedIn. Thanks for listening!

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