Need help getting my son started {unemployed}

[Coef]

And what about "Cloud mining" ?

If I get it right... You buy into companies, who have "hardcore" hardware and they mine for you, and pay out dividends?

Or am I totally wrong?

You are right, but why did the companies sell you hashrate rather than mining bitcoin themselves?
One reason is they can get more from you than from mining (in other words, the hashrate buyer can't break even).
Another possible reason is they are some scammers.

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[Kprawn]

Well they might need investors, with readily available cash, to increase their hardware, or upgrade and expansion.

Most banks charge ridiculous interest on loans, anyway.

So it might be cheaper to get investors?

Just my humble opinion.

[Wusolini]

And what about "Cloud mining" ?

If I get it right... You buy into companies, who have "hardcore" hardware and they mine for you, and pay out dividends?

Or am I totally wrong?

Cloudmining needs investment whitch is barely refundable.
Definitely your profit won't be high. Also there is a chance that company go bankrupt.
I have no experience, just thinking.

About faucets and other free stuff I have exp. with.
Alone, you earn just rubbish. But try to make as much referals to best faucets (buy an ad space, put some banners on ...). Could be nice small passive income.
Generally all free stuff requires massive amount of refs. to make serious money. Either luck or proper advertise.

How about autosurfs? Install* advertise bar in your PC and you are payed for watching ads.
This is very small profit especially from those without captchas ( 1-3 EUR/month), but there are lot of them for frech speaking users.
Are you guys French?


maybe check forum: moneymakergroup.com/forums


* better not to install if you have private data on it.

[bambino]

Firstly I think your son should to learn what Bitcoin is. IMO, if it somehow interested him, he'll start mining.

[Kprawn]

Does not look like solo mining is viable under conditions where the electricity price is very high.

And expensive mining rigs negate the profit from mining.

[BitCoinDream]

Does not look like solo mining is viable under conditions where the electricity price is very high.

And expensive mining rigs negate the profit from mining.

Mining is not an employment, it is a long term investment.

[Yakamoto]

Does not look like solo mining is viable under conditions where the electricity price is very high.

And expensive mining rigs negate the profit from mining.

Mining is not an employment, it is a long term investment.

That chances are won't make an ROI.

Anyways,

I hope everything goes well and you can find an employment for your son!

[Soappa]

Does not look like solo mining is viable under conditions where the electricity price is very high.

And expensive mining rigs negate the profit from mining.

Mining is not an employment, it is a long term investment.

That chances are won't make an ROI.

+1. It is unlikely to get your investment back, even if you have low electricity cost.

[Kprawn]

So you agree then.. mining is not a option?

No need investing in mining, if you not even get your initial investment back.

Cannot do this for a hobby, it needs to generate income and pay for initial investment.

Thanks

[Soappa]

So you agree then.. mining is not a option?

Yup.
Indeed I believe the best options have already been suggested by others (eg. provide services and join a sig deal).

[Yakamoto]

So you agree then.. mining is not a option?

No need investing in mining, if you not even get your initial investment back.

Cannot do this for a hobby, it needs to generate income and pay for initial investment.

Thanks

Are there any specific talents he has? I must say though, some alt-coins have decent mining opportunities, and so THOSE can make an ROI, maybe. Don't quote me on that.

I'm going to be doing some free-lance writing in the marketplace service subsection, and eventually joining a signature program.

Honestly, once you're on here enough, you can do a LOT of things that can generate revenue.

[Vod]

It's easy to learn programming online for free.

Advertise yourself for dirt cheap.  You may think you are worth more than $1 for an hour of work, but you'll be able to find lots of work at that rate.  Slowly increase it as you get more reputation.

Even $1 an hour is more than you will make clicking or surfing.

[Virtual Exchange]

Have you tried posting an ad on craigslist? I don't know if they have that where you live, but I was able to get several job offers from my ad I posted on craigslist about looking for a job.

Here are some good options to earn BTC/Cash:

1) Rent out your signature space [Look in the services section, there's several people who will pay you BTC monthly for having their business in your signature - the more you post the more BTC you get at the end of the month]

2) Complete online surveys to earn money (Swagbucks is a legit service that comes to mind.). The payouts are very low, but if your son is stuck with nothing to do, it's better than nothing.

3). Youtube videos and the internet provide an infinite amount of information. Your son can easily learn a skill like programming through Youtube videos and tutorials. There's a lot of other things too that if you invest the time into learning you will be rewarded in return.

4) Tell him to buy something that is only sold around where you live (It can be anything though). Then tell him to make a thread selling that item(s) either on here or another website. Make sure it's an item that appeals to the consumers. So for example I wouldn't be trying to sell a car engine to a Real-estate agent, I would look for a place that buys car engines and sell it there.

5) Tell him to take the best skills he has (that have the potential to earn an income), and build on them. Practice, learn, and educate yourself then start off on a website offering your service, eventually create your own website and you'll be on your way to earning an income you can live off of.

[Vitsila]

Also a good oportunity is AmazonTurk, where you do some tasks and get paid for your work.

[giantkin]

I'm not sure how easy it would be...

but you can do some ebay selling, using dropship goods.

I know you can make a few bucks that way. (i did it)

its somewhat low end, but when your starting out with nothing, it gets you

going.   I went from $1/week to $1/day to $5  before finding a wholesaler I could

get started with, and so on up the chain.

Now the store is defunct (area defunct too)

Wishing I would have kept at the online aspect.

Thinking of starting over myself.

[Kprawn]

Yea I am going to look into all those ideas you posted.

He is already looking at the "photo's for cash" idea. But those sights have high standards set, before they accept your photo's tho.

Going to look at "AmazonTurk" now 

He is also currently going round, picking in dust bins, for cola cans. {They pay some bucks for them at scrap sites}

I told him, i would match, what he earns, to double his income, to make it more attractive and worth his while.

He has to do some stuff on his own, we will just help.

Better than sitting at home and playing games the whole day.

[shootme]

Easiest way to make money while at home is buying a webcam.
The services he is providing behind it will determine the payout, but with just chatting about the weather he can make more then 10 dollars per day i think.
Unless he is rude, but still some ppl are willing to pay for that kind of attitude.

[Flashman]

How are his fine motor skills?

If he could handle taking cellphones apart and replacing cracked screens etc, there's a lot of spares you can get cheap on eforchina.com who are reliable/reputable in my experience but the basic shipping takes a couple of weeks.

Then also, there are a lot of computers and electronic goods that suffer from failure due to using cheap capacitors, which are generally easy to spot. With a little time and effort these can be replaced with a soldering iron. I would recommend he picks up discarded electronics and practices on them, he can then sell any he fixes, before offering it as a service to customers to fix their particular device. Best place to learn about that is badcaps.net

Also if he might get into that kind of thing a useful resource is http://repairfaq.org/

Then a bit more advanced is the repair of solder failures on surface mount chips, a lot of laptops go dead from this problem...
Some resources to get the idea of that...
http://solar-blogg.blogspot.ca/2009/03/diy-reflow-soldering.html
http://www.ebay.com/gds/MY-VIDEO-CHIP-GPU-REFLOW-METHOD-AND-WHY-IT-WORKS-/10000000017595859/g.html
http://www.killerbug.net/Nichibotsu/The_complete_guide_to_Reflowing.pdf
http://www.instructables.com/id/Toaster-Oven-Reflow-Soldering-BGA/

Which makes it look like you need a lot of equipment, but with reliable African sunshine a smart kid may have a decent success rate with solar reflectors or solar ovens to provide the heat.

Then as a part of scavenging for repairable and re-sellable newer equipment he may come across some older things which may have their own value...
http://www.scribd.com/doc/28911037/Gold-Content-List-in-CPU-Chips


Anyway, hope that is of some use, I am sure that when he gains experience in these sorts of repairs, he will be able to sell his skills for bitcoin for repair services through the mails.

regards,

Flash.

[Kprawn]

Wanted to reply earlier, but getting this error below, even if i did not post for 1 hour.

The last posting from your IP was less than 360 seconds ago. Please try again later.

Anyways.... His fine motor skills are not that great, but we might give it a try.

Thanks.

[Hashforfun]

In India some kind of craft job would be good like making baskets or something? Well otherwise you need to work some kind of physical job but It's hard and If you have computer and internet that's the best solution. You can even work on this forum.