The 14- and 9-year-old siblings earn $30,000 per month in cryptocurrency

The 14- and 9-year-old siblings earn $30,000 per month in cryptocurrency

After appearing in the series “Make It” on the American television network CNBC14-year-old brothers Ishan Thakur and 9-year-old sister Aanya have become celebrities. In search of an activity to spend the summer during the pandemic, they decided to devote themselves to cryptocurrency mining and today they earn $30,000 (about 156,000 Brazilian Real) per month.

“We started because we wanted to learn something new about technology, and also earn some money in the meantime,” Ishan said on the show. He explained that they are currently mining three digital currencies: s bitcoin And two alternative currencies (altcoins), Ethereum and Ravencoin.

Like any enterprise, mining is hard work. Residents of Frisco, USA, the two brothers had to start from scratch, and learn from me, which is what Ishaan is like in a quest for gold and diamonds. Just, “Instead of using shovels, you’re using computers.” What he didn’t say was that validating transactions on the blockchain involves solving very difficult “puzzles”.

Success story of young miners in Texas

Source: CNBC / Manish Raj / cloneSource: CNBC / Manish Raj

The Ishaan and Aanya deal officially began on April 30, when their father, Manish Raj, helped register the miner, named Flifer Technologies. But the story began much earlier, when Ishaan, after watching several videos on YouTube, decided to make sacrifices: give up his Alienware gaming computer and use the graphics card to start mining. o Ethereum.

After earning $3 ($16) on the first day, Ishaan and Anya asked their dad for a loan and added more chips to their machines, and they started earning R$1,000 (R$5,2K) in the first month of the operation. At the end of July, sales made it possible to purchase Antminers and video cards According to Raj, the GeForce RTX 3080 Ti, which also made it possible to mine bitcoin and ravencoin, is “ideal”.

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About the Author: Osmond Blake

"Web geek. Wannabe thinker. Reader. Freelance travel evangelist. Pop culture aficionado. Certified music scholar."

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