Kids into Cryptocurrency Mining

[Vaskiy]

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

[TravelMug]

Yep, that's right, it has been covered though in this thread:

• Crypto feel good story: Texas kids make $32,000/month mining ethereum
• Kid already making $32k monthly through ethtereum

I think it is also note to mention though the parents behind, they are truly supportive of their kids and now they are seeing the fruits of their labour. Who knows, maybe this kid will have a bright future ahead in crypto, (whether really involving themselves in mining or something else).

[enhu]

Anything is possible now with what they can learn from the youtube tutorials. Father must have the biggest influence on these kids. Amazing for a 14-year-old to keep himself busy learning stuff like this while others want to play xbox.  Monthly bill and maintenance cost I think is fair when we look at the sum of thier profit.

[Tashana]

Now high school students are richer than their parents, and more and more organizations have begun to do computer programming training. Programming can create another world. The future is here!

[yazher]

The kids have the potential to become like the founder of Ethereum where he also started the project when he was young. Hopefully, the kids will pursue their dreams and will be successful in developing their projects in the future. Those kids have some rare talent and with their ages, they can now build their own mining facility? what if they are given enough capital for a bigger one? Man! their parents are so lucky to have them both.

[Jawhead999]

Those kids need to be protected or could be targeted for $5 wrench attack, AFAIK there's a kid got robbed since he posted he own a Bitcoin in social media.

Not really sure how they can set up the mining rigs, maintenance, and so on, I feel like their father was behind of all this since he's taking a loan to buy the graphics cards. He's a investment banker, he's already know how to calculate the loan and interest with the profit he will earn in mining. Now they're preparing to create their own token due to their popularity

[deadmousehat]

Learn anything is now easier because there is internet and clearer explanations through videos on YouTube. It is very possible that anyone, even children, can make money from mining cryptocurrency by just learning from YouTube and also getting support from their parents.

[so98nn]

At the age of 14 hnn?
Dam, kids here would be making tiktok videos and crying for the invaulable stuff, and here you go kid making 32k a month. Thats just awesome and big respect to those parents. I think they really have pushed these two kiddo's with atmost care and planning.

The kids have learned how to mine watching YouTube videos. Right now these kids are saving the profit for future education.

Sorry to mention but I dont think these kids need traditional education system considering they have the best parents as teacher. Anyways the end goal is to make money whether you are scientist, artist or some musician. At the end of day when you are in the house, you would just check what you have and what you can spend.

These kids have started learning amazing things at this age and I believe that they just need to get into technological education by all themselves or with some private schooling.

[worle1bm]

At the age of 14 hnn?
Dam, kids here would be making tiktok videos and crying for the invaulable stuff, and here you go kid making 32k a month. Thats just awesome and big respect to those parents. I think they really have pushed these two kiddo's with atmost care and planning.

The kids have learned how to mine watching YouTube videos. Right now these kids are saving the profit for future education.

Sorry to mention but I dont think these kids need traditional education system considering they have the best parents as teacher. Anyways the end goal is to make money whether you are scientist, artist or some musician. At the end of day when you are in the house, you would just check what you have and what you can spend.

These kids have started learning amazing things at this age and I believe that they just need to get into technological education by all themselves or with some private schooling.

The parents guidance is utmost important in these matters like if your guardian or parents are pushing you to watch these tutorial and generate profits out of it then it's good but when i see most of the kids being derailing from the path and spending most of time on making insta reels and tiktok or any other useless app which is just for fun but many who get popular over there are getting paid with sponsored ads and have a chance in modeling but that's temporary period and you won't learn any special skill but these kids have right way of earning.Like they have built mining setup and then saving for further education is more impressive watching YouTube.You can take these and use it as opportunity for yourself like they have done.

[Kakmakr]

It is unfortunate when the world has changed so much that kids at that age has to focus on "making money" and not on growing up and being a child. There is nothing wrong with kids being taught new skills and showing innovation, but pushing them into early adulthood is unhealthy.. and it will cause problems in years to come. (early burnout)

Kids should focus on school work and participating in Sport and also socializing with friends and family, not working to pay the bills. Having an Investment Banker as a parent, explains a lot about their situation. (focus will be on "money" and "profits") 

[Reatim]

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.

if they managed to create their own currency then these kids are  really a computer experts and has a deep knowledge about technology.

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.

Wondering what apps or technology has this?

The kids have learned how to mine watching YouTube videos.

YouTube academy again, there is really a great things from those kids that wanted to earn and not just to play using youtube.

[davis196]

1.I don't think that this thread belongs to the Bitcoin discussion forum,since we are talking about altcoin mining.
2.Those kids aren't making 32K USD per month.Their father is making 32K USD per month.He bought all the mining equipment.He owns that mining equipment.I don't believe that the kids "have built" anything and I don't believe that the kids are maintaining that mining equipment.
Like another forum member have mentioned,those kids must be really careful when bragging about their "achievement".I don't want some criminal to kidnap them and ask for a cryptocurrency ransom.
In conclusion:This is just another clickbait article....

[michellee]

It is a good sample from the kids aware of a new technology that can grow when they become adult people, so they want to be involved in their age by mining the potential coins. They prepare their future by doing the right thing while their friends are busy playing what they want and not thinking about their future.

But that will not work if they do not have parents who are also aware of the technology because their fathers give them equipment that they can use for mining. They are lucky to have parents like that as they can have much money in the future because of what they do right now.

[batang_bitcoin]

Think has been a news months ago, they're being helped by their father but it's good to see them that they're open minded about mining cryptocurrencies already.
I envy them that there's someone that's helping and pursuing them mining. At a young age, others might find it bad that these kids were already engaged in mining but in many people's perspective, they find it amazing.

[LogitechMouse]

If I remember correctly, this is the same people that is around the news a few months ago already.

Well, its a good thing that we see young people getting involved into crypto mining. I just hope that more and more will be engaged into this kind of activity especially those people who are paying lower electricity bills. If only our electricity bills here in our country is cheap then I might consider mining but it's one of the most expensive electricity bills around the world. I'm just amazed to see this kids having a source of income at a young age. I hope that they can sustain it for a long time until they are old .

[bosede1]

This is really mind blowing to know, I love to see or know that kids are doing things profitable for themselves rather than wasting precious time watching games that won't yield any income or advantage to them. I also love the attitude of the father in supporting the children in this.

[Farma]

Well, promising kids. many children their age still have difficulty accessing computers, even seeing computers as a means of playing games. however, we see that the two children have been successfully educated up to now by their parents.
however, I think this is due to the support of his parents. I'm pretty sure that his father or mother directed him to do this. however, this is a real example when children are well educated about this technology. in fact, now they can become more independent and are encouraged to continue learning about technology. good job.
but I'm quite curious about the coins they make themselves.

[zaesvlas]

I don't think it's worth paying attention to this at all. Although I am still over the age threshold to work in this industry.

[stompix]

2.Those kids aren't making 32K USD per month.Their father is making 32K USD per month.He bought all the mining equipment.He owns that mining equipment.I don't believe that the kids "have built" anything and I don't believe that the kids are maintaining that mining equipment.

That's the obvious thing poeple are ignoring.
It's their father who took a 100k loan and give them these to play as owning a business, he's the one running the company, he's the one hiring poeple, they are just doing what they can, it's not like they could have been able to make even a cent without a parent buying them the means to do it.

And yeah, of course, they are to maintain it since they pay 4000$ for that, if they would be able to do it they wouldn't spend it on technician.
It's like Rockefeller's first million, he first opened a lemon stand, he was selling 10$ of juice at first, and then ...he inherited 100 million  

Wondering what apps or technology has this?

Nothing special, there are tens of this kind of software, awesomeminer for example.

[dupee419]

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

That's actually crazy, when I was 14 all I know is playing League of Legends, eat and sleep, these kids are the next generation though it would be sad if at an early age they'll focus too much on making money, education is also important of course but coming from Indians, they've always been this smart ever since. This is a huge investment and to think of it that they've established their own cryptocurrency which makes it even more crazier. More kids will adapt this in the future and I'm pretty sure that if this happens, the next generation's adults are going to be financially secured in the next 100 years, all thanks to cryptocurrency.