15 Nov '13, 1am

These Guys Made $3 Million In Four Days From The Bitcoin Craze

These Guys Made $3 Million In Four Days From The Bitcoin Craze

KnCMiner Sam Cole and Marcus Erlandsson, cofounders of KnCMiner See Also New FCC Boss Tells Phone Companies To Let People Unlock Their Phones – Pronto Facebook CFO David Ebersman Sold $43 Million Of Facebook Shares New York Will Be Holding Hearings On Bitcoin Say what you want about the long-term viability of Bitcoin , the digital currency that's been going crazy lately. Bitcoin has been incredibly lucrative for Sam Cole, Marcus Erlandssona and Andreas Kennemer. Because of Bitcoin, they made $3 million in just four days. Their company, KnCMiner , doesn't own Bitcoins or trade them. They make the special computers that allow people to "mine" Bitcoins from cyberspace. From November 7 to 10, 2013, while Bitcoin prices were climbing wildly, Stockholm-based KnCMiner sold out of its newest Bitcoin computer, selling 5,000 units. These computers cost $7.000 a piece (and yes, they ...

Full article: http://www.businessinsider.com/guys-made-3m-from-bitcoin-...

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