Kids into Cryptocurrency Mining - page 2.

so98nn

hero member

Activity: 2114

Merit: 603

At the age of 14 hnn?
Dam, kids here would be making tiktok videos and crying for the invaulable stuff, and here you go kid making 32k a month. Thats just awesome and big respect to those parents. I think they really have pushed these two kiddo's with atmost care and planning.

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The kids have learned how to mine watching YouTube videos. Right now these kids are saving the profit for future education.

Sorry to mention but I dont think these kids need traditional education system considering they have the best parents as teacher. Anyways the end goal is to make money whether you are scientist, artist or some musician. At the end of day when you are in the house, you would just check what you have and what you can spend.

These kids have started learning amazing things at this age and I believe that they just need to get into technological education by all themselves or with some private schooling.

deadmousehat

full member

Activity: 1974

Merit: 101

Learn anything is now easier because there is internet and clearer explanations through videos on YouTube. It is very possible that anyone, even children, can make money from mining cryptocurrency by just learning from YouTube and also getting support from their parents.

Jawhead999

legendary

Activity: 1834

Merit: 1208

Those kids need to be protected or could be targeted for $5 wrench attack, AFAIK there's a kid got robbed since he posted he own a Bitcoin in social media.

Not really sure how they can set up the mining rigs, maintenance, and so on, I feel like their father was behind of all this since he's taking a loan to buy the graphics cards. He's a investment banker, he's already know how to calculate the loan and interest with the profit he will earn in mining. Now they're preparing to create their own token due to their popularity Roll Eyes

yazher

hero member

Activity: 2268

Merit: 588

You own the pen

The kids have the potential to become like the founder of Ethereum where he also started the project when he was young. Hopefully, the kids will pursue their dreams and will be successful in developing their projects in the future. Those kids have some rare talent and with their ages, they can now build their own mining facility? what if they are given enough capital for a bigger one? Man! their parents are so lucky to have them both.

Tashana

jr. member

Activity: 49

Merit: 6

Now high school students are richer than their parents, and more and more organizations have begun to do computer programming training. Programming can create another world. The future is here!

enhu

legendary

Activity: 2492

Merit: 1018

Anything is possible now with what they can learn from the youtube tutorials. Father must have the biggest influence on these kids. Amazing for a 14-year-old to keep himself busy learning stuff like this while others want to play xbox. Monthly bill and maintenance cost I think is fair when we look at the sum of thier profit.

TravelMug

hero member

Activity: 2632

Merit: 833

Yep, that's right, it has been covered though in this thread:

I think it is also note to mention though the parents behind, they are truly supportive of their kids and now they are seeing the fruits of their labour. Who knows, maybe this kid will have a bright future ahead in crypto, (whether really involving themselves in mining or something else).

Vaskiy

legendary

Activity: 2646

Merit: 1106

DGbet.fun - Crypto Sportsbook

Really interesting to share the story of a 14 year old kid Ishaan and his nine year old sister Aanya based in Texas. From the name it looks like they're of Indian origin. Initially the kids managed to make an earning of $3 per day. Now this has rose to $30000 per month. Also they've established their own cryptocurrency, I'm not sure about its details. On the whole they've made $160000 in profits through Flifer Technologies.

Ishaan mentioned that the computers constantly scan for the most profitable cryptocurrency for mining and switch to that automatically. Ether is the most dominant. Bitcoin and Ravencoin takes the next positions.

The kids have learned how to mine watching YouTube videos. Right now these kids are saving the profit for future education. Monthly electricity bill for them costs $5000 and for machines maintenance costs $4000. However the initial investment is done by his father who is an investment banker. The capital investment isn't disclosed. All the computers are built by the kids. When kids of this age spend on gaming, these kids are spending time on cryptocurrency mining. This shows how kids are getting associated with technology.

Below is the link that gives briefing about the news
Crypto Mining Business Grow to Unprecedented Levels

Topic: Kids into Cryptocurrency Mining - page 2. (Read 270 times)