6 Crypto Hardware Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Crypto Hardware Business

Although crypto is a digital product, there are many physical products that can be built around it, such as wallets, security keys, and USB drives.

The first thing that you need to do is to make sure that you have a good idea for the product. You should also find out how much it would cost to manufacture the product.

If you are developing a hardware related product, then you need to know the laws and regulations of the country where your manufacturing facility will be based on. For example, if your product is related to cryptocurrency and mining, then it needs to be compliant with all of the rules and regulations set by SEC in America.

Here are some real life success stories of starting a crypto hardware business:

1. CBlocks.io ($384K/year)

Auston Bunsen, along with his co-founders PK Banks and Mario Aguayo, came up with the idea for CBlocks.io after realizing that many people found it difficult to get started with cryptocurrency. They decided to sell wallets preloaded with random cryptos, and within the first 30 days of launching, they made an impressive $32,000. The business has been featured in top publications like Forbes and TheNextWeb, and they are now planning to release updates to their hardware and software to make crypto more accessible for normal people.

How much they make: $384K/year
Current team size: 0

Earning $32,000 in 30 Days With a Crypto-Filled USB Drive

CBlocks is a cryptocurrency startup that generates random wallets of the top 100 cryptocurrencies, funds them, and ships them on a USB drive alongside software to manage them, with $32k made in the first 30 days and almost $3k on their second day from being featured in TheNextWeb, Forbes, The Outline & LifeHacker all within their first 3 weeks.

About

Auston started CBlocks.io over 6 years ago

Revenue

Auston grew the business to $32K/month

Read this case study

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Learn more about starting a crypto hardware business:

Where to start?

-> How much does it cost to start a crypto hardware business?
-> Pros and cons of a crypto hardware business

Need inspiration?

-> Examples of established crypto hardware business
-> Marketing ideas for a crypto hardware business

Other resources

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Starting A Crypto Hardware Business: Everything You Need To Know

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