WEBVTT Kind: captions Language: en hi I'm Bo Turner founder and CEO of hi I'm Bo Turner founder and CEO of hi I'm Bo Turner founder and CEO of Abundant Minds in the next few minutes I'll Minds in the next few minutes I'll Minds in the next few minutes I'll answer the most common questions about answer the most common questions about answer the most common questions about getting into Bitcoin mining with us why getting into Bitcoin mining with us why getting into Bitcoin mining with us why we've become the trusted choice for we've become the trusted choice for we've become the trusted choice for individual investors and institutions individual investors and institutions individual investors and institutions alike and I'll show you exactly how our alike and I'll show you exactly how our alike and I'll show you exactly how our professionally managed mining service professionally managed mining service professionally managed mining service works to generate passive income for you works to generate passive income for you works to generate passive income for you by the end of this video you'll by the end of this video you'll by the end of this video you'll understand our complete offering and be understand our complete offering and be understand our complete offering and be able to decide if professional Bitcoin able to decide if professional Bitcoin able to decide if professional Bitcoin mining with us is the right fit for you mining with us is the right fit for you mining with us is the right fit for you i'll cover why mining beats buying i'll cover why mining beats buying i'll cover why mining beats buying Bitcoin i'll show you our worldclass Bitcoin i'll show you our worldclass Bitcoin i'll show you our worldclass facility explain the investment details facility explain the investment details facility explain the investment details and address the common concerns that and address the common concerns that and address the common concerns that come up through the process first many come up through the process first many come up through the process first many people ask why they should mine instead people ask why they should mine instead people ask why they should mine instead of just buying Bitcoin and this is why mining gives you Bitcoin and this is why mining gives you Bitcoin and this is why mining gives you newly minted Bitcoin at wholesale prices newly minted Bitcoin at wholesale prices newly minted Bitcoin at wholesale prices so when the Bitcoin price rises you keep so when the Bitcoin price rises you keep so when the Bitcoin price rises you keep producing for the same cost making hot producing for the same cost making hot producing for the same cost making hot markets extremely lucrative you also get markets extremely lucrative you also get markets extremely lucrative you also get tax advantages through equipment tax advantages through equipment tax advantages through equipment depreciation that are not present when depreciation that are not present when depreciation that are not present when you're buying Bitcoin on the market and you're buying Bitcoin on the market and you're buying Bitcoin on the market and a cash flowing asset like a minor is a a cash flowing asset like a minor is a a cash flowing asset like a minor is a regular income stream versus a one-time regular income stream versus a one-time regular income stream versus a one-time purchase that you just buy or sell at a purchase that you just buy or sell at a purchase that you just buy or sell at a certain price and if you believe Bitcoin certain price and if you believe Bitcoin certain price and if you believe Bitcoin is going to do well over any period of is going to do well over any period of is going to do well over any period of time mining amplifies that and can move time mining amplifies that and can move time mining amplifies that and can move even more strongly than the underlying even more strongly than the underlying even more strongly than the underlying Bitcoin itself number two is our Bitcoin itself number two is our Bitcoin itself number two is our facility and infrastructure our Oregon facility and infrastructure our Oregon facility and infrastructure our Oregon facility is unique among competitors facility is unique among competitors facility is unique among competitors because it provides sustainable power because it provides sustainable power because it provides sustainable power sources primarily hydro power in our sources primarily hydro power in our sources primarily hydro power in our region as well as enterprisegrade region as well as enterprisegrade region as well as enterprisegrade infrastructure that is purpose-built for infrastructure that is purpose-built for infrastructure that is purpose-built for mining we also live in an area with mining we also live in an area with mining we also live in an area with optimal climate conditions as well as an optimal climate conditions as well as an optimal climate conditions as well as an experienced on-site team that has been experienced on-site team that has been experienced on-site team that has been mining since 2013 and now that you know mining since 2013 and now that you know mining since 2013 and now that you know how much your location matters in mining how much your location matters in mining how much your location matters in mining let's talk a little bit about some let's talk a little bit about some let's talk a little bit about some numbers that come up often first we'll numbers that come up often first we'll numbers that come up often first we'll start with the fundamental questions start with the fundamental questions start with the fundamental questions that everyone asks the cost and the that everyone asks the cost and the that everyone asks the cost and the investment so while you can buy a investment so while you can buy a investment so while you can buy a machine for less with some tradeoffs machine for less with some tradeoffs machine for less with some tradeoffs it's helpful to set an initial it's helpful to set an initial it's helpful to set an initial investment around $10,000 this scale of investment around $10,000 this scale of investment around $10,000 this scale of investment gets you cutting edge mining investment gets you cutting edge mining investment gets you cutting edge mining equipment as well as professional equipment as well as professional equipment as well as professional hosting with all of the power for your hosting with all of the power for your hosting with all of the power for your first year covered if you can set aside first year covered if you can set aside first year covered if you can set aside 10K you could be a fit for our service 10K you could be a fit for our service 10K you could be a fit for our service and we have clients who've invested and we have clients who've invested and we have clients who've invested 10,000 h 100,000 and even several 10,000 h 100,000 and even several 10,000 h 100,000 and even several million dollars on miners so that they million dollars on miners so that they million dollars on miners so that they can generate six figures per month in can generate six figures per month in can generate six figures per month in passive income streams with us in a passive income streams with us in a passive income streams with us in a completely hands-off way our service is completely hands-off way our service is completely hands-off way our service is truly all-inclusive with no hidden fees truly all-inclusive with no hidden fees truly all-inclusive with no hidden fees there's many mining companies out there there's many mining companies out there there's many mining companies out there that will get you in the door with lower that will get you in the door with lower that will get you in the door with lower upfront costs and then nickel and dime upfront costs and then nickel and dime upfront costs and then nickel and dime you into a far lower return over the you into a far lower return over the you into a far lower return over the lifetime of your purchase because of lifetime of your purchase because of lifetime of your purchase because of unforeseen technician labor replacement unforeseen technician labor replacement unforeseen technician labor replacement parts bad facility setups that shorten parts bad facility setups that shorten parts bad facility setups that shorten your machine's life and a lack of your machine's life and a lack of your machine's life and a lack of consistent cleaning and just plain bad consistent cleaning and just plain bad consistent cleaning and just plain bad service and low uptime in our industry service and low uptime in our industry service and low uptime in our industry like in many you usually get what you like in many you usually get what you like in many you usually get what you pay for and while we are not the lowest pay for and while we are not the lowest pay for and while we are not the lowest priced operator we are certainly the priced operator we are certainly the priced operator we are certainly the highest value if you have any doubt highest value if you have any doubt highest value if you have any doubt about this just check out our about this just check out our about this just check out our testimonials and compare them to the testimonials and compare them to the testimonials and compare them to the reviews that you see for other large reviews that you see for other large reviews that you see for other large mining companies my personal experience mining companies my personal experience mining companies my personal experience was spending $500,000 on machines only was spending $500,000 on machines only was spending $500,000 on machines only to be slapped with a totally unnecessary to be slapped with a totally unnecessary to be slapped with a totally unnecessary $30,000 diagnostic and repair bill $30,000 diagnostic and repair bill $30,000 diagnostic and repair bill during setup that I wasn't expecting 6 during setup that I wasn't expecting 6 during setup that I wasn't expecting 6 months of delays getting my machines months of delays getting my machines months of delays getting my machines turned on later and an extremely high turned on later and an extremely high turned on later and an extremely high failure rate once they were actually failure rate once they were actually failure rate once they were actually plugged in due to poor facility plugged in due to poor facility plugged in due to poor facility maintenance and the moral of the story maintenance and the moral of the story maintenance and the moral of the story is that the cheapest option is rarely is that the cheapest option is rarely is that the cheapest option is rarely the best and you usually don't find out the best and you usually don't find out the best and you usually don't find out until it's too late and you're already until it's too late and you're already until it's too late and you're already committed the next thing that people ask committed the next thing that people ask committed the next thing that people ask about is the expected returns and while about is the expected returns and while about is the expected returns and while we can't guarantee specific returns we can't guarantee specific returns we can't guarantee specific returns because mining returns are heavily because mining returns are heavily because mining returns are heavily dependent on Bitcoin's price and the dependent on Bitcoin's price and the dependent on Bitcoin's price and the difficulty adjustment this is what you difficulty adjustment this is what you difficulty adjustment this is what you need to know in the 2020 to 2024 cycle need to know in the 2020 to 2024 cycle need to know in the 2020 to 2024 cycle holding Bitcoin returned about 600% over holding Bitcoin returned about 600% over holding Bitcoin returned about 600% over that 4-year period in that same period that 4-year period in that same period that 4-year period in that same period your mid-range mining machine returned your mid-range mining machine returned your mid-range mining machine returned about 900% if you sold all of your coin about 900% if you sold all of your coin about 900% if you sold all of your coin on the day you mined it and if you count on the day you mined it and if you count on the day you mined it and if you count the value of the machine over a,000% the value of the machine over a,000% the value of the machine over a,000% return even if you sold all your coin in return even if you sold all your coin in return even if you sold all your coin in other words you got about a 10x in 4 other words you got about a 10x in 4 other words you got about a 10x in 4 years if you didn't hold on to a single years if you didn't hold on to a single years if you didn't hold on to a single one of your coins and if you're sitting one of your coins and if you're sitting one of your coins and if you're sitting here with me in the early part of 2025 here with me in the early part of 2025 here with me in the early part of 2025 all of that coin is now twice as all of that coin is now twice as all of that coin is now twice as valuable as it was the beginning of 2024 valuable as it was the beginning of 2024 valuable as it was the beginning of 2024 if you chose to hold on to it so if you chose to hold on to it so if you chose to hold on to it so depending on mining economics you can depending on mining economics you can depending on mining economics you can assume that with high efficiency assume that with high efficiency assume that with high efficiency machines you'll be mining at a 30 to 50% machines you'll be mining at a 30 to 50% machines you'll be mining at a 30 to 50% or more discount to the market price of or more discount to the market price of or more discount to the market price of Bitcoin so that while others are buying Bitcoin so that while others are buying Bitcoin so that while others are buying Bitcoin for 100,000 or more you're Bitcoin for 100,000 or more you're Bitcoin for 100,000 or more you're actually producing it for 50K this actually producing it for 50K this actually producing it for 50K this fluctuates of course but broadly fluctuates of course but broadly fluctuates of course but broadly speaking you are always making Bitcoin speaking you are always making Bitcoin speaking you are always making Bitcoin at a discount to what people are buying at a discount to what people are buying at a discount to what people are buying it at on the market now a single machine it at on the market now a single machine it at on the market now a single machine generates approximately 0.04 04 to 0.06 generates approximately 0.04 04 to 0.06 generates approximately 0.04 04 to 0.06 Bitcoin per year so if you want to make Bitcoin per year so if you want to make Bitcoin per year so if you want to make a full Bitcoin every year you'll a full Bitcoin every year you'll a full Bitcoin every year you'll probably want 15 to 25 miners and if you probably want 15 to 25 miners and if you probably want 15 to 25 miners and if you want to make a Bitcoin every month want to make a Bitcoin every month want to make a Bitcoin every month you'll probably want somewhere between you'll probably want somewhere between you'll probably want somewhere between two and 300 like our larger clients when two and 300 like our larger clients when two and 300 like our larger clients when you work with us you get access to a you work with us you get access to a you work with us you get access to a realtime dashboard that shows your realtime dashboard that shows your realtime dashboard that shows your mining performance to the minute so that mining performance to the minute so that mining performance to the minute so that you can always see how much your you can always see how much your you can always see how much your machines are making you and take machines are making you and take machines are making you and take payments whenever you see fit whether payments whenever you see fit whether payments whenever you see fit whether it's every hour daily weekly or monthly it's every hour daily weekly or monthly it's every hour daily weekly or monthly you can take payment on a schedule you can take payment on a schedule you can take payment on a schedule that's right for you next let's talk that's right for you next let's talk that's right for you next let's talk about the equipment and the operations about the equipment and the operations about the equipment and the operations for hardware and operations we only for hardware and operations we only for hardware and operations we only provide you with the latest generation provide you with the latest generation provide you with the latest generation ASIC miners like the S21 the S21 Pro and ASIC miners like the S21 the S21 Pro and ASIC miners like the S21 the S21 Pro and the S21 XP series from Bitmain or the S21 XP series from Bitmain or the S21 XP series from Bitmain or whatever the newest on the market is whatever the newest on the market is whatever the newest on the market is these are purpose-built to mine Bitcoin these are purpose-built to mine Bitcoin these are purpose-built to mine Bitcoin the most efficiently of anything on the the most efficiently of anything on the the most efficiently of anything on the market today while in most places you market today while in most places you market today while in most places you may have about a 5-year expected may have about a 5-year expected may have about a 5-year expected operational lifespan because of our operational lifespan because of our operational lifespan because of our ideal climate in Oregon as well as our ideal climate in Oregon as well as our ideal climate in Oregon as well as our maintenance schedules they can last much maintenance schedules they can last much maintenance schedules they can last much longer sometimes 8 to 10 years without longer sometimes 8 to 10 years without longer sometimes 8 to 10 years without any issue and if anything does go wrong any issue and if anything does go wrong any issue and if anything does go wrong we provide the highest quality we provide the highest quality we provide the highest quality professional management and maintenance professional management and maintenance professional management and maintenance service and that service is completely service and that service is completely service and that service is completely included in your hosting fee you will included in your hosting fee you will included in your hosting fee you will not be seeing an extra line item for not be seeing an extra line item for not be seeing an extra line item for technician time because we believe that technician time because we believe that technician time because we believe that your machine should be treated right as your machine should be treated right as your machine should be treated right as a bare minimum part of a great service a bare minimum part of a great service a bare minimum part of a great service you should not be upcharged to do smart you should not be upcharged to do smart you should not be upcharged to do smart preventative maintenance this is just preventative maintenance this is just preventative maintenance this is just one of the many parts of getting the one of the many parts of getting the one of the many parts of getting the most that you can get out of your most that you can get out of your most that you can get out of your machine without paying hidden costs in machine without paying hidden costs in machine without paying hidden costs in our service we offer a 95% or more our service we offer a 95% or more our service we offer a 95% or more uptime guarantee and if you're ever in uptime guarantee and if you're ever in uptime guarantee and if you're ever in danger of your fleet falling below that danger of your fleet falling below that danger of your fleet falling below that 95% uptime we have miners ourselves that 95% uptime we have miners ourselves that 95% uptime we have miners ourselves that we can redirect to you to make sure that we can redirect to you to make sure that we can redirect to you to make sure that you get the service that you paid for we you get the service that you paid for we you get the service that you paid for we also share regular performance updates also share regular performance updates also share regular performance updates and whenever you have questions you can and whenever you have questions you can and whenever you have questions you can actually get someone real live and based actually get someone real live and based actually get someone real live and based in the US on the phone or via text or in the US on the phone or via text or in the US on the phone or via text or email who is excited to help you there's email who is excited to help you there's email who is excited to help you there's no more clunky black holes of ticketing no more clunky black holes of ticketing no more clunky black holes of ticketing systems that never actually get systems that never actually get systems that never actually get responded to and leave you spending responded to and leave you spending responded to and leave you spending weeks and hours of your time as well as weeks and hours of your time as well as weeks and hours of your time as well as headaches trying to manage companies headaches trying to manage companies headaches trying to manage companies that you thought would be providing you that you thought would be providing you that you thought would be providing you a better service now we understand that a better service now we understand that a better service now we understand that you want to know about potential risks you want to know about potential risks you want to know about potential risks so we've designed our operation to so we've designed our operation to so we've designed our operation to mitigate them for you we specifically mitigate them for you we specifically mitigate them for you we specifically chose to focus in Oregon after chose to focus in Oregon after chose to focus in Oregon after evaluating mining locations across the evaluating mining locations across the evaluating mining locations across the world because we have one of the most world because we have one of the most world because we have one of the most stable climates in the world in the stable climates in the world in the stable climates in the world in the Pacific Northwest meaning that the risk Pacific Northwest meaning that the risk Pacific Northwest meaning that the risk of fire flood or any other natural of fire flood or any other natural of fire flood or any other natural disaster or government disaster disaster or government disaster disaster or government disaster destroying your investment is much lower destroying your investment is much lower destroying your investment is much lower than other parts of the world we also than other parts of the world we also than other parts of the world we also have 24/7 professional facility security have 24/7 professional facility security have 24/7 professional facility security monitoring and an ideal climate monitoring and an ideal climate monitoring and an ideal climate controlled environment for smooth controlled environment for smooth controlled environment for smooth operations of your miners year round we operations of your miners year round we operations of your miners year round we also have redundant systems for also have redundant systems for also have redundant systems for networking to keep those miners online networking to keep those miners online networking to keep those miners online as close to 100% of the time as possible as close to 100% of the time as possible as close to 100% of the time as possible our expert maintenance team is our expert maintenance team is our expert maintenance team is constantly identifying risks and constantly identifying risks and constantly identifying risks and addressing them before they become addressing them before they become addressing them before they become problems we also have very well-founded problems we also have very well-founded problems we also have very well-founded disaster recovery protocols and disaster recovery protocols and disaster recovery protocols and resources for total insurance coverage resources for total insurance coverage resources for total insurance coverage on your machine if you elect to ensure on your machine if you elect to ensure on your machine if you elect to ensure the value of all of your equipment now the value of all of your equipment now the value of all of your equipment now let's address some common concerns like let's address some common concerns like let's address some common concerns like what if the Bitcoin price drops what if the Bitcoin price drops what if the Bitcoin price drops firstly our sustainable power rates firstly our sustainable power rates firstly our sustainable power rates provide lots of protection against provide lots of protection against provide lots of protection against market volatility and we only provide market volatility and we only provide market volatility and we only provide you with the highest efficiency machines you with the highest efficiency machines you with the highest efficiency machines meaning that you'll be online and making meaning that you'll be online and making meaning that you'll be online and making money long after most other network money long after most other network money long after most other network participants have decided to turn their participants have decided to turn their participants have decided to turn their machines off being able to keep mining machines off being able to keep mining machines off being able to keep mining through these periods has tended to through these periods has tended to through these periods has tended to reward those who stayed online and reward those who stayed online and reward those who stayed online and because you have professional management because you have professional management because you have professional management with low overhead and no rent or with low overhead and no rent or with low overhead and no rent or salaries to pay it optimizes your salaries to pay it optimizes your salaries to pay it optimizes your performance in all market conditions and performance in all market conditions and performance in all market conditions and the people who mine with reliable hosts the people who mine with reliable hosts the people who mine with reliable hosts like us can often outperform the public like us can often outperform the public like us can often outperform the public mining companies because our hosting mining companies because our hosting mining companies because our hosting clients don't have the same overhead and clients don't have the same overhead and clients don't have the same overhead and management costs to pay to those large management costs to pay to those large management costs to pay to those large and expensive teams what if my machine and expensive teams what if my machine and expensive teams what if my machine breaks well we provide you with full breaks well we provide you with full breaks well we provide you with full maintenance coverage and a large bank of maintenance coverage and a large bank of maintenance coverage and a large bank of common spare parts for the small common spare parts for the small common spare parts for the small replacements that occur often most replacements that occur often most replacements that occur often most manufacturers also carry a 6 to 12-month manufacturers also carry a 6 to 12-month manufacturers also carry a 6 to 12-month warranty which covers the time period warranty which covers the time period warranty which covers the time period where most of the major failures would where most of the major failures would where most of the major failures would occur while your machine needs some occur while your machine needs some occur while your machine needs some attention we also have a rapid attention we also have a rapid attention we also have a rapid replacement protocol to shift the replacement protocol to shift the replacement protocol to shift the rewards from one of our company miners rewards from one of our company miners rewards from one of our company miners to you to make sure that you keep your to you to make sure that you keep your to you to make sure that you keep your contracted uptime now in large contracted uptime now in large contracted uptime now in large replacements like a hashboard or a power replacements like a hashboard or a power replacements like a hashboard or a power supply we're charging you only for the supply we're charging you only for the supply we're charging you only for the cost of parts but no additional cost of cost of parts but no additional cost of cost of parts but no additional cost of repairs like technician time apart from repairs like technician time apart from repairs like technician time apart from the cost of parts we charge you no the cost of parts we charge you no the cost of parts we charge you no additional cost for repairs and we don't additional cost for repairs and we don't additional cost for repairs and we don't mark them up is this too good to be true mark them up is this too good to be true mark them up is this too good to be true well the answer to that is we're very well the answer to that is we're very well the answer to that is we're very transparent operation and we have transparent operation and we have transparent operation and we have frequent site visits for clients who frequent site visits for clients who frequent site visits for clients who want to see how this all works you can want to see how this all works you can want to see how this all works you can also always monitor your machines in also always monitor your machines in also always monitor your machines in real time 24/7 and we have a real time 24/7 and we have a real time 24/7 and we have a professional team with a proven track professional team with a proven track professional team with a proven track record and a stellar reputation just ask record and a stellar reputation just ask record and a stellar reputation just ask our happy clients now what about getting our happy clients now what about getting our happy clients now what about getting started the process to get started is started the process to get started is started the process to get started is extremely straightforward all you have extremely straightforward all you have extremely straightforward all you have to do either on your own or with the to do either on your own or with the to do either on your own or with the help of one of our client advisers on help of one of our client advisers on help of one of our client advisers on your initial mining consult is select your initial mining consult is select your initial mining consult is select your investment level or how much you're your investment level or how much you're your investment level or how much you're planning to spend complete our simple planning to spend complete our simple planning to spend complete our simple onboarding and payment process either onboarding and payment process either onboarding and payment process either with traditional payment or Bitcoin with traditional payment or Bitcoin with traditional payment or Bitcoin payments at a discount and then we payments at a discount and then we payments at a discount and then we handle everything else you get set up handle everything else you get set up handle everything else you get set up with our worldclass success team so that with our worldclass success team so that with our worldclass success team so that you can start receiving mining rewards you can start receiving mining rewards you can start receiving mining rewards within hours or days if you're within hours or days if you're within hours or days if you're interested in professional Bitcoin interested in professional Bitcoin interested in professional Bitcoin mining with the benefits of a turnkey mining with the benefits of a turnkey mining with the benefits of a turnkey operation with professional management operation with professional management operation with professional management tax advantages and getting your Bitcoin tax advantages and getting your Bitcoin tax advantages and getting your Bitcoin at a discount to what everybody else is at a discount to what everybody else is at a discount to what everybody else is as well as a truly passive hassle-free as well as a truly passive hassle-free as well as a truly passive hassle-free income source the next step is to book income source the next step is to book income source the next step is to book your call with our team in that call we your call with our team in that call we your call with our team in that call we will answer your specific questions will answer your specific questions will answer your specific questions review your individual goals and review your individual goals and review your individual goals and determine if this is a good fit for you determine if this is a good fit for you determine if this is a good fit for you we'll also create your custom mining we'll also create your custom mining we'll also create your custom mining plan and help you start printing the plan and help you start printing the plan and help you start printing the best money in the world so book your best money in the world so book your best money in the world so book your call now because space in our data call now because space in our data call now because space in our data centers is limited and once demand picks centers is limited and once demand picks centers is limited and once demand picks up it's very hard to build new rack up it's very hard to build new rack up it's very hard to build new rack space fast enough to keep up with space fast enough to keep up with space fast enough to keep up with everybody who wants to get into mining everybody who wants to get into mining everybody who wants to get into mining before you book remember this is ideal before you book remember this is ideal before you book remember this is ideal for investors who have a budget of for investors who have a budget of for investors who have a budget of around $10,000 at a minimum who want around $10,000 at a minimum who want around $10,000 at a minimum who want passive Bitcoin income and value passive Bitcoin income and value passive Bitcoin income and value professional management with a hands-off professional management with a hands-off professional management with a hands-off and seamless experience with the best and seamless experience with the best and seamless experience with the best support and guidance in our industry if support and guidance in our industry if support and guidance in our industry if you understand that this market is you understand that this market is you understand that this market is volatile and are still comfortable with volatile and are still comfortable with volatile and are still comfortable with the risks and can think long-term the risks and can think long-term the risks and can think long-term because this is not a get-richqu scheme because this is not a get-richqu scheme because this is not a get-richqu scheme this is an investment in securing the this is an investment in securing the this is an investment in securing the future of the world's money with future of the world's money with future of the world's money with sustainable energy and high performance sustainable energy and high performance sustainable energy and high performance computing if that sounds exciting to you computing if that sounds exciting to you computing if that sounds exciting to you then I want to thank you for considering then I want to thank you for considering then I want to thank you for considering Abundant Minds we're so looking forward Abundant Minds we're so looking forward Abundant Minds we're so looking forward to helping you participate in this to helping you participate in this to helping you participate in this exciting new industry and creating the exciting new industry and creating the exciting new industry and creating the best money in the world with us i'll see best money in the world with us i'll see best money in the world with us i'll see you on the other