In 2017, three Dutch entrepreneurs saw an opportunity in their country’s e-commerce space, which had been dominated by Bol.com, a local counterpart to Amazon. They innovatively adapted Amazon FBA (Fulfillment by Amazon) for the Dutch market, a bold move in a nation where online money-making was a rare topic of discussion.
This trio’s journey transformed their personal fortunes and led one of them to move on to make Herculean advancements in Bitcoin mining. After parting ways with his business partners, he ventured into Kazakhstan and Ethiopia, establishing a profitable enterprise in Bitcoin mining.
This is the spirited, strategic, and relentless story of CEO and Founder of Epic Mining, Mitchell Weijerman — and how you can make money with him.
Chapter 1: The E-Commerce Brand
Back in 2017 and still today, Amazon has been struggling to gain market share in the Netherlands, because the country has such a strong local version of the same thing, called Bol.com. At the time, Weijerman and his business partners figured out a way to adapt Amazon FBA to the Dutch platform.
“There was nobody in the Netherlands talking about making money on the internet at that time,” Weijerman says. “The Netherlands is a very conservative country, I would say. People don’t really talk about money in public or on the internet. But looking at the US, we saw big guys like Ty Lopez and Grant Cardone, and we were like, ‘Yeah, let’s do that in the Netherlands.’ So we recorded a few ads and got started.”
The trio pushed their venture to the limit, spending $3,000 per day in a time when nobody was spending money on ads. They were everywhere. At one point, the triad even had to move from the Netherlands to Spain, because one partner was recognized much too often on the street, impeding his personal life.
“After about one and a half more years, my two business partners hit their ‘magic number,’” Weijerman says. “They didn’t want to work anymore, whereas I wanted to grow the company beyond that. I had much bigger ambitions, and, no harm no foul, they were done working.”
Weijerman decided to cut ties and sell his shares of their three companies — the marketing agency, e-commerce brand, and education platform — to his partners.
“I was 28 at that time, and yeah, I had some money in my bank account,” he says. “Of course, I had been dabbling into investments before, but as an entrepreneur, I was just too busy. I was working six days every week, and on Sunday, I was just brainstorming about how I could further grow my company. I didn’t really have time to research investing.”
Chapter 2: From Glorified Gambler to Expert Investor
Prior to this exit, Weijerman invested based on hearsay alone. When someone told him that they made good money with a particular stock or crypto project, he simply threw a sum of money at it to follow suit. Most of the time, he lost money.
“I was a gambler, like 99.9% of people,” Weijerman says. “Most people are just not investors. They’re gamblers. They have no game plan. They don’t understand what they’re doing. They have no strategy.”
With free time at his disposal and money in the bank, he continued gambling.
“I just threw some money left and right, and lost even more money,” Weijerman says.
So, he went back to the drawing table, choosing to invest in education to learn all about investing. Slowly, he started to crack the code. One or two years later, Weijerman was living entirely off of his investment portfolio.
“I made some good investments, bought some real estate, and got deep into crypto,” he says.
Chapter 3: Beer & Bitcoin Mining
On a hot summer day in Amsterdam, Weijerman was sitting with some friends on a terrace, drinking beer, and talking about investing. Sitting opposite him, playing the guitar, was a friend of a friend — an artistic and musical guy with no technological background to speak of.
“He pulled up his phone and he said, ‘All right, yeah, I do Bitcoin mining,’” Weijerman says. “So I looked at his phone, and I saw those numbers that he was doing. I think he had 50 machines or something, and they were generating quite a lot of Bitcoin. I was inspired. I was like, ‘How did I not find this before this guy? Why am I not doing this?’”
So that evening, he went home, locked himself up in his room, and opened up YouTube “like a true millennial.”
“That’s the first place I go when I try to learn something,” Weijerman shares. “I typed in ‘how to get started with Bitcoin mining,’ and I found tons of videos of super technical guys bragging about their homemade mining setups. The language that they were speaking in the videos was incomprehensible; I couldn’t begin to understand all of the buzzwords that they were throwing at me. So I closed my laptop.”
Chapter 4: Sleep On It
The next morning, Weijerman woke up and figured that if he was going to crack Bitcoin mining, it wasn’t going to be by watching YouTube videos or studying late into the night. He needed to use a different strategy. So, he took some money out of his bank account.
“It was $100,000,” Weijerman says. “At the time, 100k was an amount of money that I was willing to lose to learn a super valuable strategy. If I lost it, it wouldn’t completely destroy my life. But it was big enough that if I cracked the code, it would generate some good money.”
He took that chunk of cash and created an Excel sheet. He bought his first 15 machines. Then, he started to research where to place them. He sorted his research into the spreadsheet and eventually landed on Kazakhstan.
“I think Kazakhstan is an absolute hidden gem that very few people understand,” Weijerman says. “If you look at Kazakhstan, it’s a very rich country. There are a lot of natural resources, like oil and gas. If you type in Astana on Google, which is the capital of Kazakhstan, it almost looks like Dubai, with big glass buildings and eight lane highways. When I saw that, I booked a one-way ticket, and I arrived there, and I networked. Nobody spoke English over there. Everyone speaks Russian, Russian or Kazakh.”
Luckily, a chain of introductions led him to a group of young Kazakh entrepreneurs who had been successfully mining Bitcoin in the region for five years. They became friends, and these new Kazakh acquaintances explained that in the west of Kazakhstan, there was so much excess gas in the ground that it was being flared off. Massive towers continuously burned the surplus gas, because the cost and effort required to cool, liquefy, and transport it were prohibitive.
The group identified a large plot of land where gas was being flared, and proposed a solution to the owners: Instead of burning the gas, they would purchase it at a low rate. By connecting an energy turbine, they could use the gas to power a Bitcoin mining farm.
“So, we built our first mining farm,” Weijerman says. “There were 20,000 machines under management with 20 staff members. And this was right before the previous bull market, in 2020.”
All of the machines in Kazakhstan were eventually moved to Siberia, due to more favorable conditions. Additionally, he recently secured cheaper electricity in Ethiopia, prompting a shift to move all operations there. They are now building out new capacity in Ethiopia to accommodate 50,000 machines.
Step 5: Now, Everyone Can Mine Bitcoin
Many people wonder if Bitcoin mining is still profitable.
“People always have this thing in their mind about Bitcoin mining, that those times are over,” says Weijerman. “But then, they ask me how much they can make, and how to get started.”
That’s where Epic Mining comes in.
In 2021, Fortune published an article titled “Bitcoin mining is suddenly one of the most profitable businesses on the planet.” The article explains that Bitcoin miners generated $15.3 billion that year.
“I think this bull market, miners are going to make even more, because the price of Bitcoin is going to go a lot higher,” Weijerman says. “We’re preparing to make record revenues right now, since the recent halving. Miners are making somewhere around $30 million per day. The higher Bitcoin goes, the more miners make. Any one of my machines is producing somewhere between $800 to $1,500 per day in revenue.”
And that’s just one machine. Imagine his situation, with 50,000 machines at his disposal.
“That’s literally life-changing money,” Weijerman says. “Bitcoin mining is definitely profitable. Although 99% of people won’t make money. Why? Because the way people look at Bitcoin mining is a traditional way of looking at things: You buy some machines, you connect it to your electricity at home, and then you just produce some Bitcoin. But, most people don’t have access to cheap energy at home. People also don’t have access to cheap machines; they don’t have the contacts to buy those machines.”
“There’s a lot of web shops on the internet that just want to scam you out of your money,” he warns. “And they’ll never even ship the machines to your house. Even if you manage to get some machines, you need the technical know-how to manage them too.”
But, there’s another way for regular Joes and Jills to take part and profit: Through Epic Mining. They built the entire process by buying machines in bulk at the lowest possible rates. They have thousands of machines under management, and because they are able to find new energy sources all over the world, Epic Mining is able to get the lowest possible electricity prices.
“Our electricity rate is 5.9 cents per kilowatt hour in Europe,” Weijerman explains. “The average electricity rate is 15 to 50 cents per kilowatt hour, meaning that we’re roughly six times lower than the average energy rate in Europe. I think in the US, the industrial electricity rate is somewhere between eight to 10 cents, so we’re also more than two cents below that.”
All of those things combined gives Epic Mining the perfect setup to mine Bitcoin profitably, and share the benefits with the rest of us. Today, they manage 80,000 Bitcoin mining machines valued at $500 million. These machines are 100% powered by green energy, specifically hydro-power, and are located in Ethiopia, which has been the fastest-growing economy for two decades.
To capitalize on the biggest bull run in Bitcoin history, head on over to https://epicmining.io/
About Epic Mining
Epic Mining, founded by CEO Mitchell Weijerman, is a leading Bitcoin mining company managing 80,000 hydro-powered machines. With 80,000 machines under management across three locations, 450+ happy customers, a real-time performance dashboard, $0.057 cheap green energy, and 80+ technical staff members, the company makes Bitcoin mining easy, accessible, and profitable for investors worldwide with no technical know-how required, offering daily automated payouts. To capitalize on the biggest bull run in Bitcoin history, please visit https://epicmining.io/
