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I know HN is rather negative toward cryptocurrency in general, but for me it's fun. I run a small mining farm in my basement. It keeps my sysadmin skills sharp
by purvis 8y ago
I know HN is rather negative toward cryptocurrency in general, but for me it's fun. I run a small mining farm in my basement. It keeps my sysadmin skills sharp and more than pays my electric bill.
On a side note: none of this is really passive.. mining, real estate, and drop-shipping are all very active income streams. Unless you were born with a silver spoon, you probably won't find truly passive income.
- srednalfden 8y agoWhat equipment do you use to mine with? How re your returns?
- purvis 8y agoMy farm consists mainly of rx 580 graphic cards. Due to depressed markets, my returns are just okay right now. Luckily my equipment has been paid off since December. To put things in perspective, a single 8GB rx 580 costs around $400 (if you're lucky) and only makes $0.80/day. During the peak at the end of last year, they were making well over $3/day each.