Kid already making $32k monthly through ethtereum - page 5.

Sayeds56

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Quote from: 0xkii on August 19, 2021, 05:15:42 AM

Quote from: ?? on ??

Its cool the 14 years old and 9 years old kid know about cryptocurrency and they they have $32k monthly income. Their family is very grateful have kids who can earn and have huge monthly income.

ya

Their parents using their kids to get some highlights

It is quite possible that their parents might be using them to get some attention on social media but it is commendable that a family is making handsome earning by investing their time and efforts in crypto space.. Furthermore, I think it is not possible now to generate such a huge income by mining becuase Ethereum has switched over to POS from POW after the London Hardfork and now major portion of fee goes to burning mechanism and little portion goes to Miners . This mechanism was designed to reduce supply of ethereum to increase its price.

Wicked17

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Quote from: Wiwo on August 19, 2021, 04:56:23 AM

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

Thats really huge. When im at the same age, all i know is play games and begging money from my parents. It only show how blockchain really change others life regardless if its young or old people.

DeathAngel

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Quote from: Wiwo on August 19, 2021, 04:56:23 AM

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

That’s an incredible monthly salary, amazing for anybody but a 14 year old, wow that kid is going places. Tgis is the next generation of entrepreneurial geniuses.

cunguks

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Quote from: Galley on August 27, 2021, 11:30:32 AM

This is a more plausible story. There is only one electricity bill for $ 2,500, so this is a whole crypto farm. I have no idea how much money should be spent on such equipment. I believed that they started mining on an old gaming computer.

Specialized mining through computers will always be very expensive, because the mining assembly already uses special equipment that can last a long time, so it is natural that the initial costs that must be incurred are very expensive as well.

but for-profit correlation with the current market, can it still be run?
In addition to the initial capital for a fairly large device, I'm sure the electricity consumption will also be very high.
most of today's miners I'm sure are already enjoying the results they got a few years ago. and to start now, I believe there must be other considerations.

reza7777

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That's really amazing and some children in other parts of the world should be able to do the same thing like this, maybe some parents also need to encourage their children to be able to make money in crypto because in the future I'm sure crypto will grow even more, if not start from now then when again!

avarnet

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This is really extraordinary for the little boy, his IQ really exceeds his age limit, logically it is impossible for small children to use blockchain as a livelihood to increase the needs of their parents' lives, but I believe that behind the success of the child there must be parents which directs and encourages their parents to enter the world of Ethereum mining so that the children are proficient so that they can earn monthly income in such a way.

yurez

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The higher and faster the price of ethereum and bitcoin rises, the more this type of news will appear on yahoofinance and other news resources. In my opinion, such high-profile article headlines are created only for the creation of FOMO.

livingfree

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Quote from: Galley on August 27, 2021, 11:30:32 AM

This is a more plausible story. There is only one electricity bill for $ 2,500, so this is a whole crypto farm. I have no idea how much money should be spent on such equipment. I believed that they started mining on an old gaming computer.

If you do understand the mining business.

You're likely to look at those mining equipment and will be willing to buy as much as you can. As they've started with old pc, they've understood the importance of equipment.

And that's why they're earning this much because they've invested a lot on mining, on the equipment.

Galley

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This is a more plausible story. There is only one electricity bill for $ 2,500, so this is a whole crypto farm. I have no idea how much money should be spent on such equipment. I believed that they started mining on an old gaming computer.

Al Qiyamah

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salute to these children,when other kids age are having fun playing but they want to learn cryptocurrenciy and they already have their own income at a very young age. For adults only to be able to get to this target must be very difficult, because the world of cryptocurrencies is too complicated to learn.

MrcMrc

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Quote from: DeathAngel on August 26, 2021, 01:36:27 PM

Quote from: Wiwo on August 19, 2021, 04:56:23 AM

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

That’s an incredible monthly salary, amazing for anybody but a 14 year old, wow that kid is going places. Tgis is the next generation of entrepreneurial geniuses.

Is quite amazing how young kids are already making a wave in the cryptocurrency industry, so many young sharps are already stinking their foot on the ground in cryptocurrency. Most of the tech expert in crypto are below 17 or 20+ this is an amazing height that my generation failed to attain.

H1N1

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Quote from: slaman29 on August 19, 2021, 02:01:17 PM

You need 32 ETH to stake in Ethereum. That's a fact. That's $100,000 capital.

Even if you make 12k a year from staking max staking returns, you need 32 times that? So these kids have 3.2 million? If this is pure mining, it's still nonsense because someone pays the bills and runs the machines. Kids go to school:)

This is the most plausible reply i found on this thread, how come the kids making $32k monthly ?
As a miner, i have some knowledge about mining. If they can make 32k monthly, then how many cards are currently being used?
The more they generate the coin, the more the cost they need for the capital and the electricity bill.
See this mining calculator if we want to calculate how much the equipment cost if we want to get 32k income monthly : https://www.coinwarz.com/mining/ethereum/calculator

The news (https://finance.yahoo.com/news/14-9-years-old-making-165453877.html) is not make sense as well because usually miners are mining ETH with ASICs nowadays, while the kids are mining with the graphic cards and making $32k / month.

bitcub

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They must have crypto enthusiast parent at the back of this. Good thing the parents orient their kids at their young age to understand how blockchain works, and how to invest money and how to make money online. When ETH hits $50,000 they must be millionaires someday.

BIN-BIN

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The kids with the supervision of the dad have been able to set up this mining farm and also advancing in their development because the father already knows crypto mining and also introducing the kids to it at an early age which help the kids better understand what it takes to be a successful miner and they put it into practice and the rewards have started coming in.

wheelz1200

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Quote from: Wiwo on August 19, 2021, 04:56:23 AM

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

Pretty cool story there. These kids are growing up not knowing a world without crypto. So I only expect it to become more and more mainstream. Crazy to think 5 years ago where we are today. This is just another example adoption is coming quicker and quicker as time goes on.

kensaii

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Yah, more crap news about kids doing or get in something early thanks to their rich parents and their money. I wish I have a rich parent and their money to spent or invest but mostly under their influence so I can brag it with some journalist like I did with on my own, a 14 years old kid! Why this is newsworthy again? Has cryptocurrency become a new norm that rich parent try to use it as a way to boost their kid's background like they usually did in 'social activity' for later higher education and Ivy League?

memed97

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Quote from: Wiwo on August 19, 2021, 04:56:23 AM

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

very quickly this child understands crypto with the mining method, of course his parents are people who are very familiar with crypto, so they can transfer knowledge about crypto to their children. This is an amazing feat with 9 year olds and 14 year olds able to earn $32,000 in one month from mining Etherum. Of course this kid's future would be an amazing billionaire. this is an example for us adults to earn money in cryptocurrency, we don't have to trade, we can learn from this child as motivation so that apart from trading, we can also earn by mining. Absolutely amazed by the consistent taste from an early age.

fr4nkthetank

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Now the money is free, and so the people will be

Its a garbage article with made up numbers, thats 1k a day, so what.....150 3080s ? These kids mined with 1 GPU, and 6 months later somehow reinvested earnings to buy 200k worth of gpus
i mean come on

suryana

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Quote from: Wiwo on August 19, 2021, 04:56:23 AM

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

It's pretty cool that teenagers are already able to take advantage of the internet as an opportunity.. This is a good thing. I am very concerned that in my poor country, I am increasingly being fooled by games that only spend money on deposits. That's why everyone came back from what their parents were like. If you are educated well, I think the results will be good too.

TWW

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whoever they are who knows the opportunity and wants to find out how to make a profit I don't think it is necessary to consider their age and gender.
I believe anyone of any age and gender is in this industry. we never really know them properly.
this certainly opens a new insight for us. also provides an experience that we can use as a good motivation.

Topic: Kid already making $32k monthly through ethtereum - page 5. (Read 1291 times)