Cryptocurrency mining latest news today:Cryptocurrency mining is not an easy task. However, the two older brothers and sisters who are still in school have earned thousands of dollars in cryptocurrency mining during the school holidays.
Texas: Cryptocurrency mining is not an easy task. However, the two older brothers and sisters who are still in school have earned thousands of dollars in cryptocurrency mining during the school holidays.
Cryptocurrency mining latest news today
Texas-based Ishaan Thakkar (14) and his sister Anya (9) have been mining cryptocurrencies, such as Bitcoin Ethereum, during their summer vacation. Ishaan has just entered high school, his desire to become a doctor. Sister Anya is still studying in 4th grade.
They are the guru of YouTube and internet for cryptocurrency mining. He has mining using a crypto mining rig, a graphic card used to play the game “Alienware”.
Cryptocurrency mining can initially be a tedious, lengthy process. Mining has to leave the most difficult mathematical equations. Transaction evaluation is done only after crossing all these. It also needs quality complex infrastructure. That means more power consumption and more sophisticated hardware and software needed to solve difficult mathematical problems. The whole process is economically and intellectually expensive. However, these children have succeeded in mining and have attracted much attention.
Crypto mining is also like gold and diamond mining. Gold, diamond mining, tools such as shovels and hammers are used. But crypto coins are mined using a computer. It is said that crypto currencies are sought here instead of gold and diamonds.
These younger brothers first started mining ether. But in this case bitcoin mining was intense. Ishaan made his initial income of $ 3. Inspired by this, he set up more processors and continued mining, earning nearly $ 1,000 by the end of his first month.
Inspired by this, Ishaan and Anya, together with their father Manish Raj, started their own mining company, Flifer Technologies. Starting their own company last April, they are adding high-performance processors. Currently, the older brother and sister pair more than 97 processors and process 10 million ether algorithms per second. In September last year, his income increased to over $ 30,000 (about $ 22.5 lakh).