The Top five Bitcoin Millionaires

People always search for chance to a better life. Fresh fields and industries gives a chance to entrepreneurs and general public to make that happen. Bitcoin was seen as an chance by some visionary people when it was still in its infancy. It was risky for the time being like any other technology but they took a chance and their prize was beyond their highest expectation. Here are the tales of top five bitcoin millionaires.

1. Charlie Shrem

Charlie Shrem was a senior at Brooklyn College in the year two thousand eleven when he very first learned about Bitcoin. He bought five hundred coins at $Three each instead of mining them. When the price rose $20 he bought thousands more. Later he founded a company named Bit Instant while he was still in college. It permitted users to buy Bitcoins from over 700,000 stores including Duane Reade and Walmart. Kicking off since then Bit Instant transacted a total of $14 million in bitcoins. In the scene Shrem also took the stairs to riches with the help of his own Bitcoins. Shrem’s total estimated worth is USD forty five million.

Two. The Winklevoss Twins

The famous twins for their dispute against Mark Zuckerberg and Facebook are also in this list. They adopted Bitcoin in the very early days. According to NY Times they invested $11 millions in Bitcoins which makes them two of the richest in the Bitcoin club. In two thousand thirteen they claimed to hold 1% of the total existing bitcoins. Their net worth is over USD four hundred million.

Trio. Yifu Guo

While being a student at Fresh York University, Yofu Guo was mining Bitcoins to earn some extra cash. It was fairly profitable for him to pay his rent and bills. Eventually Guo began to understand the potential and future of bitcoin’s blockchain. Later he dropped out of school and founded the very first application specific integrated circuit(ASIC) miner manufacturing company for Bitcoin named Avalon. The ASIC chips were almost fifty times quicker than graphics card and they cost much less. This invention caused a ample whirr in the Bitcoin community and very soon Avalon began to run out of stock. People were ready to pay higher prices for the ASIC miners. In ebay a single $1,500 miner was sold for as much as $20,000.

Four. Jered Kenna

Former marine and presently prominent Bitcoin entrepreneur Jered Kenna also takes a spot in the bitcoin millionaires’s list. As an entrepreneur Kenna has seen successes, failures and kept going. He made his debut with the purchase of his very first batch of Bitcoins at just $0.Two per coin. Later he traded them for $258 each. This was just one of his numerous batches. He doesn’t disclose his net worth of Bitcoins he holds but rumors say it’s about USD thirty million worth.

Five. Roger Ver

He is essentially known for his former ventures most notably the run for California State Assembly in year 2000. When he very first learned about Bitcoin he gave up his daily works and began reading about it at a straight and sleeping for just one hour. One week later he was checked in hospital and medicated for decent sleep. He was one of the early investors of Bit Instant and he is good friend with Charlie Shrem (Number #1 in our list). But the largest of his investment involving millions of dollars are BitPay, Ripple and Blockchain. These three projects yielded him the profit which took him to the millionaires sphere. His estimated net worth is over USD fifty two million. He is also known as ‘Bitcoin Jesus’ for his point of view and works for Bitcoins. Now a days he is involved with different emerging Bitcoin’s projects.

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