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Ask HN: How much recurring income do you generate and from what?

27 points| djshah | 4 years ago

It’s always interesting to know the (side) hustles people are running that, in their opinion, provides recurring revenue that is either a good source or passive income or their main source of income.

31 comments

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Trias11|4 years ago

Lately getting excited about crypto mining.

Current project is to complete the rig that generates profits equal to my monthly mortgage payments.

Well on a way. And it's lots of fun - i never assembled computer before :)

To summarise: Currently $10k investment in crypto mining generates about $1k/mo profit. You can proportionally scale it to desired outcome.

adamhp|4 years ago

I ask this passing no value judgment myself: how do you feel about the ethics of crypto mining?

rcavezza|4 years ago

I'm very unfamiliar with this, but is there additional ongoing costs in terms of extra energy consumption? Do you know if this rig is changing your monthly energy costs?

strongvigilance|4 years ago

What kind of depreciation do you get on crypto mining hardware though? Will that setup still be profitable in x months, when better performing hardware exists?

djshah|4 years ago

Where are you based that it allows you to generate this profit? These days, it’s pretty hard to get hands on crypto mining hardware as well!

kleer001|4 years ago

about 250$ / mo

mining crypto on the home machine

randomopining|4 years ago

How? That's like $8 a day. Can a 3080 even do that?