Teens Earn Thousands of Dollars Thanks to Mining Ethereum

Teens Earn Thousands of Dollars Thanks to Mining Ethereum

Two teens recently earn thousands of dollars thanks to mining Ethereum. How? Keep reading this article to find out. Read on!

Two teens recently earn thousands of dollars thanks to mining Ethereum. How? Keep reading this article to find out. Read on!

Mining is the most beneficial activity in the crypto ecosystem, as well as the one with the highest costs. The best known system is that of Bitcoin (BTC), being the first cryptocurrency, but most of the known cryptos have the various mining methods.

Mining is the most beneficial activity in the crypto ecosystem

With Ethereum on the rise, the second digital currency by market capitalization, its mining is gaining more and more popularity, since the network itself makes it easier to carry out transactions, although its system is radically different from that of BTC.

In this context, two brothers, originally from the city of Frisco, in Texas currently earn ETH units by mining them in their home garage.

According to the Dallas News, 9-year-old Aanya Thakur and his 14-year-old brother Ishaan earn approximately $32,000 a month mining Ethereum.

Like the young classics of American series and movies, both brothers had a lemonade stand with which they earned no more than about $100 in the same period.

The one who encouraged young people to enter this complex market was their father last February. Envisioning the growth that cryptocurrencies have, as well as the possibility of mining them, the Frisco duo came up with the idea of making money from mining Ether.

Like the young classics of American series and movies, both brothers had a lemonade stand with which they earned no more than about $100 in the same period.

Speaking to Dallas News, Ishaan commented, "We wanted to invest in cryptocurrencies, but we didn't have the money to buy Bitcoin. So we bought the equipment to mine it instead."

According to Ishaan, they started mining in March with an old gaming computer, making $ 1,000 in the first month. But they noticed that Bitcoin had become so competitive, that they decided to go for Ethereum.

Such was their foray into the ecosystem that last month they earned more than $ 32,000. The profits they generate are used to acquire more and better mining equipment for their own firm, Flifer Technologies, which they created on April 30.

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