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Ask HN: Those making $500/month on side projects in 2021 – Show and tell

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181–190 of 866 posts

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#182

I 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!

Your day job is OK with this? I forgot what I signed, but I believe my contract has a clause that says they own all the technical output of my brain. Did you tell your manager you have a side hustle?

I've been thinking of something similar if I can build a sufficiently relevant specialty knowledge.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#183
Mine is nothing interesting, arbitrage between shipping and buying stuff overseas on a consistent basis and selling on local marketplaces.

I'm debating on testing market depth and just 3PL, but I don't want the risk of having inventory. The items weigh less than a few ounces, and really rely on inefficiencies.

I guess it's more or less knowing where to look, scrapping that data, reviewing depth (e.g. how many sold, continuously keep scraping and parsing) and seeing if margin is good.

Basically came as an excuse to kill time with regex. $1500 net profit minimum, I'm debating if I should really make it a solid business and hire some staff for it. But then that'd kill the joy and make it more work work.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#184

My little hardware book, Computer Engineering for Babies launched on Kickstarter a few months ago and blew my mind by raising almost $250k. It’s a simple book with buttons and LEDs to demonstrate different logic gates. I just shipped out the first batch of books a week ago and now waiting for the next batch of books. It’s gotten pretty demanding pretty quickly but I’m really excited about it. I’m hoping I can soon em…

I've seen your product on TikTok. Very cool.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#185
post #161
post #45

I 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…

For me the question is how to get comfortable with the mining software stack and the pooling services. I poked at it a bit earlier this year and, possibly just due to my own paranoia, I felt like I needed to take a shower afterwards. I don't know why, I just felt like there was no ground truth from which to build a framework of trust in the tooling and the services and I was suspicious of everything.

In the world of cryptocurrency and cryptocurrency mining you really have to wade through the mounds of sh%# and scammers. In terms of trustworthy sources here are a few trusted YouTubers that are very experienced, they taught me a lot about mining, mining safety, and general crypto knowledge: ChumpChangeXD, Red Fox Crypto, Red Panda Mining, brandon coin, Son of a Tech.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#186
It is my old startup but it's been somewhat of a side project as the revenue has gone down and consulting and other projects have grown. But I do web hosting reviews based on what people say on Twitter using sentiment analysis. It avoids the problem of fake reviews by using massive amounts of data.

https://ReviewSignal.com

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#187
post #10

I have an android app ( https://play.google.com/store/apps/details?id=com.algeo.alge... ). It brings in right around $500 a month. It is fun to develop, especially that I can dabble into frontend and UI design which is quite far away from what I'm doing daily. Interestingly, it used to bring in much more but the heydays of apps are over.

I also have an app. It’s interesting I read here on HN about how it would be nice for companies to not sell private data to 3rd parties. I don’t collect data, yet it seems most people aren’t willing to pay even a few $ for software. On the other hand, the Ti-89 still selling for >$100.

In my experience, a lot of these paid apps are gold, but discovery is tough. The mainstream, ad supported alternative gets all the eyeballs. Maybe there should be an index of tracking-free software, if there isn’t already.

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#188
post #85

Earlier quoted context omitted.

The people in my house use space heaters in their rooms. 1500 watts of electricity produces 1500 watts of heat whether you do it via a space heater or a computer. The only way OP's method is worse is the capital costs of the processors. The energy spent on the actual heating is converted with 100% efficient either way.

Well, except that only works in the winter time.

depends on your climate, my home needs heating like 8/12 months and gas prices have just surged more than 6x since last winter

Re: Ask HN: Those making $500/month on side projects in 2021 – Show and tell

#189
post #149

Earlier quoted context omitted.

Biggest question that comes to my mind - if you can make this profit so consistently, why not triple your rig? Or even x10, or x50?

That’s the plan! But I’m already at 80% maxed out on a 30A 240V breaker. Sure I could add more breakers, but I really don’t want to turn my basement into an industrial mining zone (not to mention the HOA might have a thing or two to say). I’ve already used some soundproofing (Rockwool) in the room that all the mining equipment is in, the noise is real! Also I need more airflow, I’m exhausting extra heat out a small b…

Buy some cheap land in a desert and go 100% solar. Wonder how that would work.
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