How To Make Money With Crypto Mining. Basically, when you lend your crypto to compound, you make money with those methods: If you look at my original post, you’ll see my startup costs were $978.
Think of your computer as your neighborhood bank teller. At the current rate of rs.260.00 to rs. For example, you spend $8,000 on a miner and in 12 months it mines $20,000 worth of your chosen cryptocurrency.
I added two more cards soon after to roughly double the.
Computer servers mine currency using blockchain technology. I prefer to use this way instead to borrow money and risking a liquidation of your assets. Minus the $8,000 in costs, you net $12,000 or 1.5x your initial investment. [power draw * hours mining ( 24 if always on) * days ( 30 if always on) * 0.00005] < that is if your rate is 5 cents.