Author

Topic: How can he make so much money? (Read 1118 times)

member
Activity: 169
Merit: 10
January 13, 2018, 05:49:35 PM
#43
There so many ways of making money.

    Ask your parents if they'll pay you for doing more chores
    Make sure you're able to do whatever you agree to do.
    Run a lemonade stand, or something similar.
    Offer something that's appropriate for the weather
    Keep your costs down.
    Set up on public property.
    Advertise your price.
full member
Activity: 189
Merit: 100
ƃqɹᴉllᴉɐuʇb
January 13, 2018, 03:18:40 PM
#42
Anything is possible with enough investment. More difficult today though, with the massive shortages and order limits when buying card to mine with now.  
Yes. So, It's not too late to start. Store your capital, there still have lots of time ahead. Mining will be the best business investment for a while. I don't get why anyone would say it isn't profitable. As more anyone invest, as they get more profits.

The ROI is incredible. ASICs are still a sound investment.  I have more invested in ASICS though, but I am mining with a few gpu's. 

I can see where folks would like to spread fud though. You can't find gpus anywhere now.
member
Activity: 140
Merit: 17
January 12, 2018, 03:44:59 PM
#41
How do you go and order 700 graphics cards? Why don't we do group buys!?
If you have access to the supply chain, or contacts there, you can make those purchases happen. No, you don't go and order 700 GPUs from amazon Smiley Also, it's probably easier to buy 7000 GPUs than 700.
newbie
Activity: 182
Merit: 0
January 12, 2018, 02:39:34 PM
#40
How do you go and order 700 graphics cards? Why don't we do group buys!?
hero member
Activity: 728
Merit: 537
January 12, 2018, 12:03:05 PM
#39
One guy I know - who we dont want to ask but be sure of that - makes 100k Dollars a month with mining ETH in Sweden. (ETH Price 700 so now it would be a lot more)
So he and some friends of his own a mining farm.

Yea and guess what, Ether is now $1200+ which means THAT guy makes much more now.
I can't see what's crazy about the numbers you mentioned though. If one mining rig of 6 cards can make almost a $1,000 per month at the current prices, why couldn't they make a 100k ?

They just need a capital to start the farm and that's it. At the current prices they need about 600-700 cards to make that amount of money. I'm not sure what the prices currently are but I think they'd get them for much lower than the market price since they're buying a ton of them. It's an investment. They get the capital. Buy the gear. Start the miners. Collect ROI. Make tons of money Cheesy
newbie
Activity: 1
Merit: 0
January 12, 2018, 09:31:57 AM
#38
If you play pig , you earn big. He has a larger mining rig (farm) , he make so much money but why we cant ? Sad
If you have 500,000$ and buidl a farm you earn big but you do not *make* money immediately. That's the problem.
The only people wich make money is the people who started mining at the begining and scaled up without investment.
member
Activity: 294
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO!
January 12, 2018, 08:25:49 AM
#37
If you play pig , you earn big. He has a larger mining rig (farm) , he make so much money but why we cant ? Sad
newbie
Activity: 20
Merit: 0
January 12, 2018, 08:13:28 AM
#36
I really in need of bitcoin.

This is my correct bitcoin address -



1G58oeSPdAyC7uwUHAvpAupigzR92aj9zW

I'm really rich and have over 300 rigs running in my farm, really do not know where to spend my ethereum. I MAKE 400 ETHEREUM A MONTH!!!

Here is 200 ethereum all ready to send to your wallet 0x930a1045e20ae27325c5de7de0dcf21dce371d1b hope I can help you.

However I'm not going to pay for the transection fees though, send 0.8 ethereum to me at 0xb45dab609ba2573be92f3f0f1b266f7120274e88 to pay for your transection fees.

 Grin Grin Grin Grin
sr. member
Activity: 346
Merit: 250
Revolution
January 12, 2018, 08:10:08 AM
#35
Because he might invested 1.5M$ into it ? Guys please get some sense Grin
hero member
Activity: 1008
Merit: 537
January 12, 2018, 08:07:35 AM
#34
I really in need of bitcoin for buying GPU and mining and trading so that after earning i can help poor people.

This is my correct bitcoin address -



1G58oeSPdAyC7uwUHAvpAupigzR92aj9zW

You can't help others if you can't even help yourself. Get a job and quit begging. It's sad, pathetic, and most importantly... against the rules of the forums.

Expecting donation is not at all tolerated by the forum moderators. It is completely against to the forum. Please check the rules and regulation before here asking the beg to the members. As you said he should understand all those.
If he is really helpful to the others, he should make the charity and help them that is the right way.
newbie
Activity: 84
Merit: 0
January 12, 2018, 08:05:53 AM
#33
I really in need of bitcoin.

This is my correct bitcoin address -



1G58oeSPdAyC7uwUHAvpAupigzR92aj9zW

Look, we all want to donate but you know that transaction fees are very high, send us you private key or recovery seed so we can just give you some btc for zero fee.  Cool
newbie
Activity: 5
Merit: 0
January 12, 2018, 08:05:05 AM
#32
You gentlemen are a pillars of this community such kind hearted souls helping out other members with BTCs Smiley

My hat is off to you..

member
Activity: 308
Merit: 10
January 12, 2018, 07:52:48 AM
#31
One Rx580 makes $4 a day or $120 a month.
100 rx580 = 12000 a month
1000 rx580 = 120K a month.



It all depends on the coin you are mining, the yield can be much higher. Also, the profitability can be increased by tuning for Linux. Therefore, the number of cards can be reduced by 1/3 bold for a yield of 100k.
newbie
Activity: 19
Merit: 0
January 12, 2018, 06:55:32 AM
#30
Everything is possible in the world of crypto  Roll Eyes Are you sure he is talking about dollars?
DrG
legendary
Activity: 2086
Merit: 1035
January 12, 2018, 06:40:00 AM
#29
I really in need of bitcoin for buying GPU and mining and trading so that after earning i can help poor people.

This is my correct bitcoin address -



1G58oeSPdAyC7uwUHAvpAupigzR92aj9zW

You can't help others if you can't even help yourself. Get a job and quit begging. It's sad, pathetic, and most importantly... against the rules of the forums.
sr. member
Activity: 289
Merit: 250
January 12, 2018, 05:33:18 AM
#28
Chipped in with 10 BTC. Hope it helps.
full member
Activity: 261
Merit: 100
January 12, 2018, 05:09:51 AM
#27
Upon reading the replies, I was thinking that I am in a wrong thread. Seems like a donation thread or something as some people asking for an alms.   Grin
For the newbies who are asking for donations better participate on airdrops or bounty here in the forum for you to earn. People will not give their hard earn coins for you here even if you keep asking.

Anyway OP, if your friend earns that much then he must have his own mining farm as I am not sure if you could earn that through cloud mining. You should have asked for his expenses too because I know GPUs are really costly.
full member
Activity: 336
Merit: 102
January 12, 2018, 04:53:32 AM
#26
Bitcoin please

I already sent you 2 bitcoins, whats wrong with you?
full member
Activity: 192
Merit: 100
January 12, 2018, 03:44:17 AM
#25
Obviously Darwin was wrong...
Grin Grin Grin very wrong...some creatures didn't evolve into better species
member
Activity: 140
Merit: 17
January 12, 2018, 03:27:35 AM
#24
Obviously Darwin was wrong...
newbie
Activity: 182
Merit: 0
January 12, 2018, 02:56:56 AM
#23
I'm sending you a bitcoin as well then.
full member
Activity: 336
Merit: 102
January 11, 2018, 11:36:31 PM
#22
Need bitcoin someone how can help or donate

Yes why not, since you obviously need it much more then I do, I just transfered you 1 BTC. Just promise me you use it wisely and not just on girls and booze.
sr. member
Activity: 826
Merit: 263
January 09, 2018, 01:12:44 PM
#21
One guy I know - who we dont want to ask but be sure of that - makes 100k Dollars a month with mining ETH in Sweden. (ETH Price 700 so now it would be a lot more)
So he and some friends of his own a mining farm.

How do they do that? We dont want to use Google because we are sure that what you find there is scam.

Does anybody know an answer? we also have a screenshot but i m not allowed to post a picture

If you know any person or friends from the local electronic market. Reach there and ask for the graphic cards like Nvidia 1070 or Rx 470 cards. These cards are good to make the rig with the prominent profit.

For rig you can make it with the aluminum scales and wooden sticks to make the rig as you want. You need to buy the SMPS, SSD, mining mother board and RAM according to your preference. Buy ask for the person who is making the rig set up or watch the Youtube video and do by own.
sr. member
Activity: 504
Merit: 254
January 09, 2018, 01:06:01 PM
#20
Is there anyone who can donate me some bitcoin or dollar

You're in the mining section where you can be pretty sure that the majority of participants have invested their own hard earned money and acquired the knowledge to be in a position to earn money from their rigs. They should just give you money because....?
sr. member
Activity: 2156
Merit: 323
January 09, 2018, 12:20:08 PM
#19
Anything is possible with enough investment. More difficult today though, with the massive shortages and order limits when buying card to mine with now.  
Yes. So, It's not too late to start. Store your capital, there still have lots of time ahead. Mining will be the best business investment for a while. I don't get why anyone would say it isn't profitable. As more anyone invest, as they get more profits.
member
Activity: 276
Merit: 13
January 09, 2018, 11:42:51 AM
#18
If you mine and hold the mined coins for one year beore you sell them you get a higher profit each month of mining if the coins increase in price. Maybe your friend mined coins one year ago during one month and sells them now? Difficulty was lower one year ago so you got more coins and the price is higher now so you get more payout for the coins. The coins he mines today maybe he is going to sell next year?

Just a theory of how to increase mining profits.
newbie
Activity: 182
Merit: 0
January 09, 2018, 11:19:08 AM
#17
Quote
Please visit Giga Watt Website to check out actual profits and mining cost. They are the best.
Quote
You build your GPU miner and have it delivered to their warehouse? They do the setup and charge you a fee?
you can buy also the miner with them,
Yeah but they're sold out.

Quote
and pay the rents, not sure, but I don't feel comfortable investing a large sum for my rigs without touching and seeing them physically.
My Ponzi scheme detector is bipping as well. We should create a blockchain to follow transactions of cloud mining companies  Grin
full member
Activity: 189
Merit: 100
ƃqɹᴉllᴉɐuʇb
January 09, 2018, 11:16:02 AM
#16
Anything is possible with enough investment. More difficult today though, with the massive shortages and order limits when buying card to mine with now.  
newbie
Activity: 5
Merit: 0
January 09, 2018, 11:12:53 AM
#15
One guy I know - who we dont want to ask but be sure of that - makes 100k Dollars a month with mining ETH in Sweden. (ETH Price 700 so now it would be a lot more)
So he and some friends of his own a mining farm.

How do they do that? We dont want to use Google because we are sure that what you find there is scam.

Does anybody know an answer? we also have a screenshot but i m not allowed to post a picture


investment 400k USD (mining farm) -> 1month = 100k USD
jr. member
Activity: 67
Merit: 3
January 09, 2018, 11:07:24 AM
#14
One guy I know - who we dont want to ask but be sure of that - makes 100k Dollars a month with mining ETH in Sweden. (ETH Price 700 so now it would be a lot more)
So he and some friends of his own a mining farm.

How do they do that? We dont want to use Google because we are sure that what you find there is scam.

Does anybody know an answer? we also have a screenshot but i m not allowed to post a picture

Initial investment: $500,000   (based on 1000 cards at avg price of $400/card added in another 100k for supporting hardware)

Revenue: $100,000
Depreciation: ~$50,000 (based on the schedule I use)
electric: ~10,000 (1000 cards pulling 120W/H at $0.12/Watt)
building rent/mortgage: ~2-3,000 (I'm guessing here and I doubt he is running it out of his house)

Profit would only be about 47K/month after expenses, and I'm sure I've missed a few like insurance,security,other utilities, etc.




newbie
Activity: 294
Merit: 0
January 09, 2018, 11:06:38 AM
#13
One guy I know - who we dont want to ask but be sure of that - makes 100k Dollars a month with mining ETH in Sweden. (ETH Price 700 so now it would be a lot more)
So he and some friends of his own a mining farm.

How do they do that? We dont want to use Google because we are sure that what you find there is scam.

Does anybody know an answer? we also have a screenshot but i m not allowed to post a picture.

i think it's only possible pools Mining. maybe this is the formula. KaydenC already say that

One Rx580 makes $4 a day or $120 a month.
100 rx580 = 12000 a month
1000 rx580 = 120K a month.



newbie
Activity: 210
Merit: 0
January 09, 2018, 10:53:25 AM
#12
Still comes up with error message. Try different wallet.
newbie
Activity: 210
Merit: 0
January 09, 2018, 10:45:53 AM
#11
Wrong address, two digits missing  Roll Eyes
newbie
Activity: 210
Merit: 0
January 09, 2018, 10:32:00 AM
#10
I tried sending you 20 000 coins, but it said "wallet address incorrect"  Shocked
brand new
Activity: 0
Merit: 0
January 09, 2018, 09:55:45 AM
#10
if you want to make a little money try to mine pho. i'll live you here the link of the group where you can find more detaills. https://discord.gg/APRRUfp
newbie
Activity: 210
Merit: 0
January 09, 2018, 09:33:18 AM
#9
i have 1GB graphic card nvidia how can i earn please help me .....

this is my ethereum wallet - 0x930a1045e20ae27325c5de7de0dcf21dce371d1b

Help me pls... frens..

Oh poor boy, let me send you 10 000 coins,  give me 5 minutes  Shocked
sr. member
Activity: 1008
Merit: 297
Grow with community
January 09, 2018, 09:01:05 AM
#8
i have 1GB graphic card nvidia how can i earn please help me .....

this is my ethereum wallet - 0x930a1045e20ae27325c5de7de0dcf21dce371d1b

Help me pls... frens..

you can't mine with ETH with that kind of Card, you must have at least 3GB mem in order to mine ethash.


Quote
Please visit Giga Watt Website to check out actual profits and mining cost. They are the best.
Quote
You build your GPU miner and have it delivered to their warehouse? They do the setup and charge you a fee?

you can buy also the miner with them, and pay the rents, not sure, but I don't feel comfortable investing a large sum for my rigs without touching and seeing them physically.
sr. member
Activity: 2702
Merit: 328
January 09, 2018, 08:14:43 AM
#7
and we can do that without going to Sweden?
I dont need 100k a month but a decent amount is fine as well.

So what to do? We do have money to invest. Which site is reliable?

What site? You mean which graphic card?
newbie
Activity: 18
Merit: 0
January 09, 2018, 08:05:25 AM
#6
and we can do that without going to Sweden?
I dont need 100k a month but a decent amount is fine as well.

So what to do? We do have money to invest. Which site is reliable?
newbie
Activity: 182
Merit: 0
January 09, 2018, 08:03:42 AM
#5
Please visit Giga Watt Website to check out actual profits and mining cost. They are the best.
You build your GPU miner and have it delivered to their warehouse? They do the setup and charge you a fee?
member
Activity: 182
Merit: 10
Algo Trader
January 09, 2018, 07:52:25 AM
#4
You can get make much with mining. But how you put it is wrong. You can't say 120K$ is profit. It takes a lot of initial investment and Electricity and Maintenance will cost will bring down a mining profits to normal. What you guys are discussing here is just the revenue. You have to subtract the Expenses to get the profits.

This is the way people do the scam, SIMPLY THEY JUST DON'T DISCUSS ABOUT THE EXPENSES, AND SHOW AWFUL SOME OF PROFITS.

Please visit Giga Watt Website to check out actual profits and mining cost. They are the best.
sr. member
Activity: 610
Merit: 265
January 09, 2018, 07:29:39 AM
#3
One Rx580 makes $4 a day or $120 a month.
100 rx580 = 12000 a month
1000 rx580 = 120K a month.

sr. member
Activity: 336
Merit: 253
Gone phishing...
January 09, 2018, 07:21:19 AM
#2
One guy I know - who we dont want to ask but be sure of that - makes 100k Dollars a month with mining ETH in Sweden. (ETH Price 700 so now it would be a lot more)
So he and some friends of his own a mining farm.

How do they do that? We dont want to use Google because we are sure that what you find there is scam.

Does anybody know an answer? we also have a screenshot but i m not allowed to post a picture

Under the assumption that your figures are correct, then this person is part of a sufficiently large mining farm. That's all there is to it.
newbie
Activity: 18
Merit: 0
January 09, 2018, 07:17:45 AM
#1
One guy I know - who we dont want to ask but be sure of that - makes 100k Dollars a month with mining ETH in Sweden. (ETH Price 700 so now it would be a lot more)
So he and some friends of his own a mining farm.

How do they do that? We dont want to use Google because we are sure that what you find there is scam.

Does anybody know an answer? we also have a screenshot but i m not allowed to post a picture
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