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Ask HN: Those making $500/month on side projects in 2021 – Show and tell
191–200 of 866 posts
Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell
#192I bought a coffee farm in Colombia. Annualized it makes around $800 / month and growing. Should double to $1600 / month next year as we’ve doubled our production. It’s barely profitable, but is profitable nonetheless. The more we plant the more profitable it will get, and we’ll be planting 10,000 more trees soon!
Either way, congrats! It sounds like a lovely side business.
Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell
#193I mine cryptocurrency and make about $110/day. I have two L3++s, an AvalonMiner 1246, six RTX 3080s, an RTX 3090 and a couple older cards. It more than pays for the mortgage, and after electricity (residential rate) my profit is about $100/day. I also have the GPUs in a grow tent (designed for growing marijuana) with an 8 inch in-line fan hooked up to the supply of my home’s HVAC system. I’m heating my whole house wi…
That’s a $30,000 rig at least. So 300 days of mining before you just break even. I’m sure that in 300 days it will only be able to mine a fraction of what it does now due to increasing difficulty. I’m not seeing how this truly works out.
Coincidentally my GPUs have not only paid for themselves and then some, but I could sell them used now for more than I bought them for. I’m lucky in that respect.
Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell
#194Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell
#195Specifically a USB Oscilloscope:
Sell maybe $1k/mo of these through the website and another $3k through Amazon at a margin of around 50%.
The biggest things that I see a lot of people get wrong in the hardware business is the importance of manufacturing and logistics. It doesn't matter that you're constantly producing new and improved revisions of your board if you're out of stock all the time and overseas customers have to pay extra for shipping.
Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell
#196I mine cryptocurrency and make about $110/day. I have two L3++s, an AvalonMiner 1246, six RTX 3080s, an RTX 3090 and a couple older cards. It more than pays for the mortgage, and after electricity (residential rate) my profit is about $100/day. I also have the GPUs in a grow tent (designed for growing marijuana) with an 8 inch in-line fan hooked up to the supply of my home’s HVAC system. I’m heating my whole house wi…
That’s a $30,000 rig at least. So 300 days of mining before you just break even. I’m sure that in 300 days it will only be able to mine a fraction of what it does now due to increasing difficulty. I’m not seeing how this truly works out.
Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell
#197I mine cryptocurrency and make about $110/day. I have two L3++s, an AvalonMiner 1246, six RTX 3080s, an RTX 3090 and a couple older cards. It more than pays for the mortgage, and after electricity (residential rate) my profit is about $100/day. I also have the GPUs in a grow tent (designed for growing marijuana) with an 8 inch in-line fan hooked up to the supply of my home’s HVAC system. I’m heating my whole house wi…
The community is not very trustworthy, but the software is actually really straightforward once you figure it out yourself.
Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell
#198Earlier quoted context omitted.
I just make sure that I will net $20 before I commit to purchasing an item from the thrift shop. This is: final eBay sale price - eBay fees - shipping // unless you have the buyer pay actual shipping costs - the cost I paid for the item -------------------------------------- my net profit (hopefully more than $20 for my time and effort) last week this happened: two refrigerator filters new in package ($3.99 each) - s…
How are you tracking everything for taxes?
Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell
#199I work in a large corporate/enterprise company doing marketing/tech work. Started dabbling in freelance consulting/paid interviews and found I can easily get in the $500-$1,000/hr range. So, been doing a few sessions a month and earning a couple thousand in extra cash. Not bad and met some interesting folks/companies in the process!
Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell
#200Earlier quoted context omitted.
That’s a $30,000 rig at least. So 300 days of mining before you just break even. I’m sure that in 300 days it will only be able to mine a fraction of what it does now due to increasing difficulty. I’m not seeing how this truly works out.
This ends when ETH2 arrives.