I read this in the article:
With interest spurred after hearing their father talk about the rise of cryptocurrencies, the pair initially wanted to invest in crypto, but it was already too expensive, so with the help of YouTube and their father, the ninth-grader and fourth-grader learned how to mine.
Those kids are motivated by their parents. But it is amazing that those kids are really serious to start mining by using simple equipment and learn from Youtube as well. Not many people want to try it, even many mature people are not interested after we motivate them with a good story about crypto. We must appreciate those kids who show us that the potential of the next young generation.
Topic: Kid already making $32k monthly through ethtereum - page 8. (Read 1366 times)
At a young age these kids are earning huge through ethereum mining but I wonder how much capital they use for equipment and everything?Well anyway they're amazing for earning $32k monthly, not everyone can do this so congrats to the parents as well for supporting their kids it paid off.
So the kids knows crypto mining better than to their parents? I’m wondering who’s guiding them.
Anyway, if they really build their mining rig that’s a good opportunity for the kids and earning that much is a big thing. I don’t earn that even on a year of working so I’m quiet amused how crypto mining changes their lives.
Anyway, if they really build their mining rig that’s a good opportunity for the kids and earning that much is a big thing. I don’t earn that even on a year of working so I’m quiet amused how crypto mining changes their lives.
I wonder what mining rigs this kid had assembled. I wish there are ways to learn where we can find these kinds of information. The article mentioned that the boy learned from youtube so there you go I want to know how they started with crypto. I wish I can do the same here but electricity in this country is very expensive. If I have the knowhow I teach the poor friends that I know so they too could feel financial freedom and escape the rat race.
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:)
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:)
Most of the 21st century kids are already making head ways in the cryptocurrency world and seeing that parents are now giving their kids the supports and training that will help them make the best out of their talents and luck in the crypto space. I will support my kids to have a better understanding of blockchain technology and how to use the various aspects in the blockchain industry.
This is really awesome so inspiring. They even moved to a new location after they started from their garage
Wow so smart they needed to make money and got that fast thinking and came up with the idea of mining throw gaming really cool lot's of kids at this age knows less about the crypto space. no one is really small here just come up with a brilliant idea surely the best will come out of it.
Wow so smart they needed to make money and got that fast thinking and came up with the idea of mining throw gaming really cool lot's of kids at this age knows less about the crypto space. no one is really small here just come up with a brilliant idea surely the best will come out of it.
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
Indeed, many are successful in crypto, especially those who are early in crypto and have little money to buy with their courage to invest. As you tell. At the time Ethereum was launched the price was also very low, so those who dared to invest would be making a lot of profit now. The dump in 2019 was also the price of Ethereum around $100, but now it's priced at $3k. In crypto investment, courage, capital and ready to lose are the main considerations.
the kid’s dad made the best choice by putting his young kids to cryptocurrency their achievement in mining ethereum should be an encouragement to their dad on how to put his kids through some other aspects in cryptocurrency.
I am happy and shocked to hear this in such a small age kid is making $32000 monthly. This is really something mind-blowing even it will an inspiration source for other kids that are interested to know about cryptos even I know it's not possible without the help of the parents. Kids have a good strategy to reinvest the money in mining machines otherwise to earn $32000 needs a huge investment but kids are earning patiently by reinvesting their earning.
It’s really great to know that they began mining by using their old gpu to acquire more crypto rather than investing, just because their father was taking about the rise of cryptocurrencies and got inspiration from it.
Respect and love to their father because of this as most parents don't teach their kids to learn about money or crypto-currency, but told them to earn money which isn’t the right way, IMHO. Maybe we'll see more kids like them in the upcoming years.
Code:
With interest spurred after hearing their father talk about the rise of cryptocurrencies, the pair initially wanted to invest in crypto, but it was already too expensive, so with the help of YouTube and their father, the ninth-grader and fourth-grader learned how to mine.
Respect and love to their father because of this as most parents don't teach their kids to learn about money or crypto-currency, but told them to earn money which isn’t the right way, IMHO. Maybe we'll see more kids like them in the upcoming years.
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
Wow really amazing how come 14 years old could earn much money trough mining and very excellent with youngest age he was have an ideas with mining, not mined maybe on 14 years old still playing with my friend and do not know how to mining and never heard about cryptocurrency, learn technology and internet is not familliar with me but he was amazing kid found best way with mining ethereum. Link:
https://finance.yahoo.com/news/14-9-years-old-making-165453877.html
Wow, that's an amazing achievement, it exceeds my income for a year 
, somehow they can get the idea to mine and make that kind of money, their parents will be very proud to see what their child is doing.
All parents will be proud of their children when their children have earned a lot of income, but that is also not obtained in an easy way because everything in the crypto space always requires a long struggle. , somehow they can get the idea to mine and make that kind of money, their parents will be very proud to see what their child is doing.
In this time of pandemic, he can make $32k (ethereum) in one month? he is very lucky and this proves that besides trading or investing, mining can also generate very high profits. I personally don't really understand mining but know a little that mining also requires good equipment to adjust the results as well. related to that, I think people are getting interested in cryptoqurrency.
Thanks to the parent though they are been supportively active, all this can't be done without the parent for some reasons, in my country if you are too young and rich without a guardian you will be a victim of bad people, anyways it's all well and good I do hope I can get to a stage of making 1000$ a day
Your enthusiasm is extraordinary, moreover the daily target is very large, I just haven't been able to make a profit target of $1000 in one day, and it should also be noted that in this case there is no need to bring parents because not everyone still has parents in this world, because cryptocurrency makes everyone more independent and open-minded. His parents must be very proud of his son because they are so genius and they're started from an old gaming computer. i can't imagine if i'm started with that device. and at article say "That first month, they made $1,000" i must admit they're on another level, cryptocurrency is complicated and they know how what to do and achieve what they want
Sometimes it will depend on our parents capability to provide our needs that can help us achieve something,use the resources they give in a better way to earn or to learn. It's nice that instead of douing unproductive things , they are focus in javing investments but if our parents not capable of giving our needs or to provide advance gadgets that can help us in school or to learn new things we must be dedicated to find ways to have it on our own especially if we already knew that we are capable of learning to earn to advance our living.
This is not surprising at all since younger people are more adept and are prone to dwell well in technical things compared to their older counterparts (like me). And it is good that we can start them young as to the possible benefits of the blockchain technology and cryptocurrency...and how to take advantage of the opportunities offered by the market. Will we also see a 10-year genius involved with trading cryptos and is making millions? I am sure I could read a story like that too in the coming years.
His parents must be very proud of his son because they are so genius and they're started from an old gaming computer. i can't imagine if i'm started with that device. and at article say "That first month, they made $1,000" i must admit they're on another level, cryptocurrency is complicated and they know how what to do and achieve what they want
Impressive at most, but also not a good example for motivating poor investors or the penny investors. Those are the people that has little resources to use so that they can participate in cryptocurrency. On top of that, these kids are blessed to live in an area that might have cheap electricity. Here you pay 50 dollars worth of electricity a month for having one fridge, 2 fans, a tv and a laptop. And that 50 dollars is when you don't use the others too often except the fridge. If your area has expensive electricity prices, then that would be a hindrance in making sure that you can earn so much in cryptocurrency.
I don't see any bad thing about teaching your children earning anything that is related to earning whether it will be related to crypto or related to stocks or related to investing in general.
This is the problem of most of our parents right now. I also experienced how my parents teach me when it comes to money and earning money. They've taught me the usual one (study hard, work as an employee).
Its a good thing that I learned crypto because it opened me to different investment. Crypto is the first investment that I learned followed by Stocks and its a good thing too that I didn't follow what my parents want me to do. On the kid's perspective, its good to see that he is being supported by his parents in mining and he is earning much much money. I will promise to myself that I will also teach not only my children but other children too anything related to crypto .
This is the problem of most of our parents right now. I also experienced how my parents teach me when it comes to money and earning money. They've taught me the usual one (study hard, work as an employee).
Its a good thing that I learned crypto because it opened me to different investment. Crypto is the first investment that I learned followed by Stocks and its a good thing too that I didn't follow what my parents want me to do. On the kid's perspective, its good to see that he is being supported by his parents in mining and he is earning much much money
. I will promise to myself that I will also teach not only my children but other children too anything related to crypto . Jump to: