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    Author Topic: Kids into Cryptocurrency Mining  (Read 322 times)
    Vaskiy (OP)
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    November 16, 2021, 12:49:45 AM
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    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
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