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 Introduction03:00 Backstory on Bitcoin Mining07:10 Bitcoin Mining Discovery10:11 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 Bitcoin31:15 Does The Price of Bitcoin Affect Mining?37:23 Can I Mine Own Bitcoin?39:49 Why Leveraged Mining?44:01 Tax Savings Examples48:24 How Taxes Work When Mining Bitcoin49:34 Bitcoin VS Real Estate54:00 Mining Secrets57:49 Leveraged Mining Tax Compliance Checklist1:03:00 Tax Breakdown1:04:00 Do You Need To Be Accredited?1:05:00 How Much Money You Need Upfront to Start?Learn More About BetterWealth: https://betterwealth.comWant Help Lowering Your Taxes? Schedule a Free Tax Analysis Call Here: https://betterwealth.com/tax Want to Learn More About Bitcoin Mining? Click Here: https://leveragedmining.com/====================DISCLAIMER: https://bttr.ly/aapolicy*This video is for entertainment purposes only and is not financial or legal advice.Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.