How the Wealthy Use Bitcoin Mining to Pay ZERO Taxes | Colin Yurcisin

Wealth influencer & entrepreneur Colin Yurcisin ( @Colincyurcisin ) breaks down exactly how he became a multi-millionaire with bitcoin and now owns 280 bitcoin mining machines to grow his wealth and pay less in taxes. In this masterclass, Colin shows everything you need to know about bitcoin mining, the pros, cons, benefits, and risks.

00:00 Introduction
03:00 Backstory on Bitcoin Mining
07:10 Bitcoin Mining Discovery
10:11 What is Leveraged Mining?
11:24 What is Bitcoin Mining?
15:52 Threat in Bitcoin?
21:13 How Scarce is Bitcoin?
25:53 How Long Can You Mine Bitcoin?
28:06 Advantage of Mining Bitcoin
31:15 Does The Price of Bitcoin Affect Mining?
37:23 Can I Mine Own Bitcoin?
39:49 Why Leveraged Mining?
44:01 Tax Savings Examples
48:24 How Taxes Work When Mining Bitcoin
49:34 Bitcoin VS Real Estate
54:00 Mining Secrets
57:49 Leveraged Mining Tax Compliance Checklist
1:03:00 Tax Breakdown
1:04:00 Do You Need To Be Accredited?
1:05:00 How Much Money You Need Upfront to Start?

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*This video is for entertainment purposes only and is not financial or legal advice.

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