Easy Crypto Hunter Hardware Company Grew from $1,500 up to $1.25 Million in Just 18 Months
The cryptocurrency market has been in a bear trend but it has also provided new opportunities to several individuals all over the world. This is the case of Josh Riddett, a crypto entrepreneur of 28 years old that had £1,000 and transformed them into £1 million in just 18 months.
Riddet, of Bury, Great Manchester, started manufacturing crypto mining hardware. He started selling a single unit and reinvesting the profits he made. It finally became the UK’s largest GPU manufacturer in the market.
Bitcoin and other virtual currencies had a very hard year. Bitcoin lost more than 80% of its value while other assets more than 90%. During that time, several projects had to stop operating and many others could not even launch the products that they were promoting. However, Riddett shows that implementing clear strategies it is possible to keep running a company despite the negative sentiment in the community.
Easy Crypto Hunter, the name of the company he found, has more than 100 customers including business owners, property companies and others. The main intention of the buyers is to generate extra income by using GPU mining rigs. With these rigs, it is possible to mine coins such as Ethereum (ETH), Monero (XMR) and Dash, among others.
He said that cryptocurrencies are here to stay and that many companies around the world are going to start accepting them.
During a conversation with Prolific North, Riddett commented:
“We are absolutely delighted to see the business take off and I strongly believe cryptocurrency is here to stay and is set to become more popular and more mainstream as the likes of BMW, Microsoft and Expedia accept it as a form of payment.”
Despite this bear market, Riddet is planning to expand the business. He mentioned that he needs more workers in order to meet the increased demand for GPU mining units from his clients.
There are several mining companies but Bitmain is perhaps the most popular one. Bitmain is located in China. The company currently owns around 65% or more of the total crypto mining hardware in the market.