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

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

#261

Post by ganeshkrishnan »

streetcat1 wrote: post #57
sneilan1 wrote: post #51

Earlier quoted context omitted.

I am working on a program to backtest it. Honestly, I still have much to learn. I do things visually. So I take the little fib retracement chart tool in trading view and make the anchor at the beginning of a price movement and align the lines to the closing prices of significant support/resistance (defined mathematically as any 5 bars such that the the middle bar has the lowest low or highest high in like pyramid for…

No hate. But just remember that when you think that something is a good BUY, the other side (the seller) think that it is a good SELL. Hence, before trading in the stock market (or in any other market which is a zero sum game, e.g. used cars, NFT), you must be sure that you have more information than the seller.

>Hence, before trading in the stock market (or in any other market which is a zero sum game, e.g. used cars, NFT)

None of these are zero sum games. Especially stock market. Stock market is not a zero sum game at all. https://money.stackexchange.com/questions/72945/is-the-stock...

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

#262

Post by AussieWog93 »

tvb12 wrote: post #238
AussieWog93 wrote: post #195

Open Source Hardware! Specifically a USB Oscilloscope: https://espotek.com/labrador 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'r…

Woah, small world. I bought two of these as Christmas presents only days ago.

Ha, that's awesome! Hope they go down a treat!

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

#263

Post by dylan604 »

trkulja wrote: post #236
dylan604 wrote: post #80

Earlier quoted context omitted.

Is there a pattern similar to an actual rubik's cube that allows for "speed" solves?

Yes sir. You can YouTube it as some people have posted the algos they discovered. :)

I assumed since it's the same-ish principle. I find it fun how people will strive to work so hard to "ruin" a game, but it is definitely impressive to see how they go about to learn the solve. That should be a Show HN in and of itself.

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

#264

Post by adossi »

bener wrote: post #214
adossi wrote: post #149

Earlier quoted context omitted.

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…

What are you mining? If it's ETH, what will happen to your rigs after the upcoming changes?

My ASICs mine Bitcoin directly, while my GPUs mine Ethereum but I'm paid in Bitcoin, which is a function of NiceHash. More often than not mining Ethereum directly using something like HiveOS is more profitable, but I opt for NiceHash because the convenience is more valuable to me than the fractional benefit of mining Ethereum directly. Also, I personally would rather hold Bitcoin. But that is just me.

In terms of ETH2, it is already quite profitable to mine ERGO or RVN or other proof-of-work GPU mineable coin algorithms (search for "what to mine" in your preferred search engine). The biggest question is, when ETH2 comes (whenever that is) will the profitability of ERGO and RVN increase or decrease with the influx of miners? Sure difficulty will spike massively, but in my opinion it is also likely that the value of these cryptocurrencies spike as well, however proportional.

The truth is no one really knows. I have an idea, but I could be wrong.

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

#265

Post by FearlessNebula »

obiefernandez wrote: post #23

My clone of OhLife called https://ahhlife.com has been making over $500 per month for years now. Daily journal, handled by replying to a prompt email. Marketing is all word of mouth and an occasional mention like this one on HN. Server costs are stable, no maintenance or new features needed, and only a few customer service requests per year.

I’m playing with a side project idea that requires sending scheduled emails like this.

Would you be willing to briefly discuss what you use for scheduled emails? My plan so far is to just save email schedules into a DB table with a time stamp they’re due and have a cron job that frequently checks it, but I haven’t gotten a chance to test the scalability and performance of this.

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

#266

Post by AntonyGarand »

I built a discord bot to analyze the market of the OldSchool Runescape game once a public and fairly accurate item price API was launched.

The bot initially started as a fairly simple interface to display the real-time prices and graphs with the price history, but then as the core features were completed, it evolved into finding price spikes and dumps using simple algorithms. Once the user base increased I released a paid membership to get the best notifications while keeping other features free, and it grew organically from there! It's only been few months since it launched but it's generating well over $1k/m revenue so far.

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

#267

Post by BigBalli »

throwaway2037 wrote: post #143
vneur wrote: post #22

I built a board game in 2021 that has been just breaking the cutoff for this post, all I do is mail out a few games a week as we get orders. We do all our own fulfillment to save money. Currently trying to design a real video game. I got lucky with the board game because it targeted a really niche audience (rock climbers) and so we weren't really competing with the full board game market, which is honestly super satu…

On a discussion thread like this one, I think there is no shame in providing the homepage URL. Here it is after using your Google hint: https://five15game.com/ Keep up the good work!

I'm sure the google search juice would have helped even more...

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

#268

Post by gnicholas »

BeeLine Reader generates substantial passive income by licensing its reading enhancement tech to companies like Blackboard. [1] These licensees require zero support and don't churn, so if I stopped working on it the income would keep coming.

The B2C tools (browser extensions, iOS apps, PDF viewer) do require some maintenance and customer support.

I launched BeeLine on HN [2] and have had the pleasure of working with various folks from the HN/YC community, including Insight Browser and The Program Audio Series. Hit me up if you have a relevant project and are interested in partnering — most of our HN-sourced partnerships are no-cost.

1: http://www.beelinereader.com

2: https://news.ycombinator.com/item?id=6335784

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

#269

Post by greplogic »

pigcat wrote: post #251
greplogic wrote: post #241

Earlier quoted context omitted.

this is pretty cool - if i could ask, where do you find a manufacturer to help you produce this? also, is fulfillment ran inhouse?

I found a factory on Alibaba. I started with a list of about 40 factories that seemed legit and might accommodate a small order (MOQ in their terminology). Since it was a custom shape that I wanted, I shared my designs, and after a bit of back and forth, I eventually settled on 4 factories. I paid for a sample from each, and one factory was far superior. I then had to negotiate down from a MOQ of 2000 units to eventu…

ahh very awesome! i do have one other question at the moment. is it common for the factory to provide individual packaging already for certain size of products or is it more like sending a pallet over and packaging is sourced elsewhere? thanks so much for entertaining this - this thread has been really cool!
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