Topic: Kid already making $32k monthly through ethtereum (Read 1366 times)
The kid's earnings have tripled in recent times and their mining farm is advancing with the reinvestment of their profits into acquiring new software and other mining equipment, and this has made their mining hash rate increase and the number of transactions carried out by these kids is increasing on. monthly basis, I will update this thread with the right figures being earned by the kids in the previous month.
They make the news looks so easy as if kids can build rigs themselves, someone must have helped them out cos it's not easy to set up a mining rig as a newbie, the first time I tried it out myself I burnt a brand new rx580 by turning the riser the wrong way round
This was the same thing I thought the first time I saw the news, even though I have never set up a mining rig myself, I have seen different videos on Youtube on setting up mining rigs and I know this is not something most might just jump on and besides the funds for that is not cheap so definitely some adult is helping which is a good thing anyway. Yes its an expensive venture for someone to engage on but those videos of tutorials in the net are actually helpful.There are some which arent but if you do really tend to see those tuts
then it could really be something that considerable.Earning income through mining doesnt restrict any age as long you are capable on doing of.
They make the news looks so easy as if kids can build rigs themselves, someone must have helped them out cos it's not easy to set up a mining rig as a newbie, the first time I tried it out myself I burnt a brand new rx580 by turning the riser the wrong way round
This was the same thing I thought the first time I saw the news, even though I have never set up a mining rig myself, I have seen different videos on Youtube on setting up mining rigs and I know this is not something most might just jump on and besides the funds for that is not cheap so definitely some adult is helping which is a good thing anyway.
Updates on the kids mining business, this have grown and according to latest finding the kids garage could no longer accommodate the computers and other mining equipment that generates high noise and heat so the need for having a branch of the business were the mining activities are done in downtown.
I was amazed by this news of 14 years old and his 9 years sister making a living through ethereum mining which generates them $32k monthly income, this is so incredible and highly commended, the kids use their old gaming computer to start up this amazing business and there are already expanding. I guess our kids are already taking advantage of the gains of blockchain and are already doing amazing stuff through the blockchain.
Link:
https://finance.yahoo.com/news/14-9-years-old-making-165453877.html
Link:
https://finance.yahoo.com/news/14-9-years-old-making-165453877.html
A little boy can use computer equipment well to do Ethereum mining, I think this is something extraordinary. The device he uses is also very simple, it might still use the CPU system. Of course there are many other success stories that crypto users have experienced. There is even a child who is cut off from school because he has no money and he learns about crypto thus making a lot of money. Generally making money on crypto is very easy. Like staking, by holding coins on a certain platform, we generate additional coins for a certain time.
I have seen a lot of kids having the skills and taking advantage of the modern financial technology which is Bitcoin and the blockchain. Most of the crypto millionaires are below 20 years old, with quite a large percentage under 17 years of age.
we're in the modern era. the technology is growing continously. of course, nowadays the kids learned about the technology. so, we must not suprise now if there are a lot of kids become a video games maker, web designer, a millionaires from cryptocurrency, etc. day by day the kids are become smarter which is good for the future of technology. especially for the cryptocurrency world.
They make the news looks so easy as if kids can build rigs themselves, someone must have helped them out cos it's not easy to set up a mining rig as a newbie, the first time I tried it out myself I burnt a brand new rx580 by turning the riser the wrong way round
Let's just also appreciate their parents for raising them to be like that, a kid without a good guide from their parents cannot be successful like that, I am sure that their parents are so proud for their achievement. It makes me now so excited to have my own family and also make my children know about cryptocurrency, this might also happen for every bitcoiners, we should let our family explore cryptocurrency and earn money on their own.
I came across this news recently on the Internet and I was really amazed, excited and hopeful as well, those siblings are vert smart and behave very maturely in the for their age, something not very many adults are involved in, this little kids are able to handle effortlessly, congrats to them, their parent must be very proud.
It's actually their parents have thought and led them to this.If it's not for the father of these two then they won't be able to make their rigs. But true to that their parent are totally proud of them because at their young age, they can now make money.
And it's the education through this technology gave them an advantage than the other kids. We just hope that their childhood aren't compromised.
I came across this news recently on the Internet and I was really amazed, excited and hopeful as well, those siblings are vert smart and behave very maturely in the for their age, something not very many adults are involved in, this little kids are able to handle effortlessly, congrats to them, their parent must be very proud.
That's amazing, it's an amazing achievement. at a relatively young age, it is already possible to earn such a lot of money, news like this will help the name of cryptocurrencies become more known, this is clear evidence of the potential of cryptocurrencies death is very large. While a lot of older people are still struggling, complaining about declining income, loss of income, there are still opportunities to change your life, your income. As long as you have to dare to accept and listen to that opportunity or not.
Cryptocurrencies are "fertile ground" that brings profits to investors.
Cryptocurrencies are "fertile ground" that brings profits to investors.
When a child has an interest in something and is responded positively by the people around him, such a situation is very likely to occur. A child's interest in cryptocurrencies is supported by the presence of a computer and their parents respond well and they proceed to show success. is not a good thing in the family ?
i must give kudos to their parent, supporting a kid on this kind of journey means the parent believed in it and supported them fully. this is a motvation for many parents and other kids also.
It's not all black and white. I suspect that one reason for such "motivation" may be a desire to reduce the tax bill. Here the kids are earning the revenue and obviously their tax slab and the applicable tax rate may be much lower when compared to that of the parents. Else, do you really think that these kids have the means to do such heavy investments, even before their college? The capital has to come from somewhere.. even if they claim that they have taken loans, then someone (adult) should provide guarantee to that loan.
It is up to your parents to make the decision, so if they agree, then sure, it is possible. Imagine them with a high-end computer that they have no idea where it came from.
However, it's encouraging to see children who are already aware of something new, as opposed to previous generations of parents who forced their children to learn conventional methods of earning money.
when they grow up life becomes glow glow
However, it's encouraging to see children who are already aware of something new, as opposed to previous generations of parents who forced their children to learn conventional methods of earning money.
when they grow up life becomes glow glow
Great, really those examples are extra ordinary. Here in this OP example, I don't give only thanks to parents and also mining legit permission. Still, so many countries don't agree with mining and cryptocurrency. Those kids just took the opportunity of the highest GWEI Ethereum cost. We know that this process can't be stable but good enough for one and a half years.
Yeah.. I can understand what you are saying. In my country, cryptocurrency is still in grey area and the central bank wants the government to issue a blanket ban and arrest all the users. They still lives in the stone age and believes that the government has the right to infringe on personal liberties. In the developed countries, the governments are more supportive towards new technologies. And that is the reason why you will hear about these stories from countries like the US and the UK, but never from India or China.
At least in this case, the kids are doing something productive. Children are very talented and knowledgeable nowadays, compared to the situation we had two or three decades ago. But that said, not all of them use their skills for the right purpose. Ever heard about Graham Ivan Clark? He was the guy who hacked the twitter account of Elon Musk, Kim Kardashian and Barack Obama, and then committed a give-away scam using the hacked accounts. He was 17-years old at the time of the crime. And I can give you numerous examples like this.
Great, really those examples are extra ordinary. Here in this OP example, I don't give only thanks to parents and also mining legit permission. Still, so many countries don't agree with mining and cryptocurrency. Those kids just took the opportunity of the highest GWEI Ethereum cost. We know that this process can't be stable but good enough for one and a half years. 
I have kids also but His 1 yr only for now, but when he turn 8, I will start to teach him to earn crypto and how to trade here as well in this industry. That's my dream, at his young age while He is studying He can have a skills and understanding for what I am doing here in this field of business industry here crypto space.
That would take your kid long to know about crypto, it is a good idea to just do most things that a crypto person should do while your kid is growing. I would also tell things about crypto to my kid but I have no timeframe until when things about crypto will be questioned to me.Like this father that has taught his kids to do mine ethereum and certainly expanded knowledge more about cryptocurrencies. They're all earning and that's how a family must be, they're helping each other and uplifting their livelihood and way of living.
At least in this case, the kids are doing something productive. Children are very talented and knowledgeable nowadays, compared to the situation we had two or three decades ago. But that said, not all of them use their skills for the right purpose. Ever heard about Graham Ivan Clark? He was the guy who hacked the twitter account of Elon Musk, Kim Kardashian and Barack Obama, and then committed a give-away scam using the hacked accounts. He was 17-years old at the time of the crime. And I can give you numerous examples like this.
I have kids also but His 1 yr only for now, but when he turn 8, I will start to teach him to earn crypto and how to trade here as well in this industry. That's my dream, at his young age while He is studying He can have a skills and understanding for what I am doing here in this field of business industry here crypto space.
looks like the news was just picked up on CNBC a few days ago. it seems, a lot of people are inspired by what these kids do.
on the other hand, there are also 12 year olds who make over $400k using NFT. source : https://www.cnbc.com/2021/08/25/12-year-old-coder-made-6-figures-selling-weird-whales-nfts.html
Well, this explains that the role of parents is very important in educating children so that they can understand cryptocurrencies. many children their age are already quite proficient in using technology, moreover, some of them are no stranger to crypto. So, the task of parents is to direct and develop children's knowledge. Well, I guess that's an example of how successful they have been in teaching technology to their kids.
on the other hand, there are also 12 year olds who make over $400k using NFT. source : https://www.cnbc.com/2021/08/25/12-year-old-coder-made-6-figures-selling-weird-whales-nfts.html
Well, this explains that the role of parents is very important in educating children so that they can understand cryptocurrencies. many children their age are already quite proficient in using technology, moreover, some of them are no stranger to crypto. So, the task of parents is to direct and develop children's knowledge. Well, I guess that's an example of how successful they have been in teaching technology to their kids.
Both these news are all over the internet and one can verify it from reliable sources like NASDAQ and BBC.
Its so good to see kids are doing positive use of technology and earning handsome amount of money. Majority of kids in this are just playing with video games and guns. In my opinion they have already retired and can spend rest of there lives by spending this money.
Of Course, its all because of there parents support. It gives me motivation too, I have a 2 years old kid and will defiantly try to motivate him to do such things in future that can be productive for him.
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