However, one startup involved in the Bitcoin mining process recently revealed that their profits would have been even greater if more investors had believed in them four or five years ago. During the interview, the duo discussed the early days of the company’s development and how their mining operations work today. Eventually, Kikvadze revealed that Bitfury would be sitting on 860,000 Bitcoin (roughly $6 billion worth) if they had been able to find big investors who believed in their technology when they were first starting out. It’s unclear whether Earn.com is still involved in Bitcoin mining in any capacity. In Kikvadze’s view, access to capital was a key differentiator between Bitfury and their competitors based in China (namely Bitmain).

Source: Forbes April 12, 2018 13:07 UTC