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.
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?
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?
Trias11|4 years ago
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
rcavezza|4 years ago
strongvigilance|4 years ago
djshah|4 years ago
unknown|4 years ago
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kleer001|4 years ago
mining crypto on the home machine
randomopining|4 years ago