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How is money made from crypto mining— how does the mining work?
Crypto mining can generate a small income of perhaps a dollar or two per day, mining is not a reliable way to make substantial money for most people. The profit from mining Bitcoins only becomes significant when someone is willing to invest reasonable amount of money in up-front hardware costs, at wRead more
Crypto mining can generate a small income of perhaps a dollar or two per day, mining is not a reliable way to make substantial money for most people. The profit from mining Bitcoins only becomes significant when someone is willing to invest reasonable amount of money in up-front hardware costs, at which time you could potentially earn $50 per day or more. If your objective is to earn substantial money as a second income, then you are better off purchasing cryptocoins with cash instead of mining them, and then tucking them away in the hopes that they will jump in value like gold or silver bullion. If your objective is to make a few digital bucks and spend them somehow, then you just might have a slow way to do that with mining. Smart miners need to keep electricity costs to under $0.11 per kilowatt-hour; mining with 4 GPU video cards can net you around $8.00 to $10.00 per day depending upon the cryptocurrency you choose, or around $250-$300 per month. If you want more, you will need to invest in rigs prebuilt only to mine BitCoins, which can cost several thousand dollars.
See lessWill your business ever survive if the internet is shut down forever?
Considering the fact that some businesses fully operate via the Internet, one of the primary ways that the Internet helps in business is by allowing businesses to tap into markets all over the world. Internet-based tools, such as virtual phone numbers and social media are two assets that every businRead more
Considering the fact that some businesses fully operate via the Internet, one of the primary ways that the Internet helps in business is by allowing businesses to tap into markets all over the world. Internet-based tools, such as virtual phone numbers and social media are two assets that every business must utilize in order to remain competitive today. Virtual phone numbers allow for a small business, for example, to have a professional appearance by offering a toll free number on their website, and calls made to this number can be automatically transferred to a mobile line of a landline of the business owner’s choice. This is helpful for businesses of any size, but in particular for small businesses that are looking at cost-savings, mobility and the ability to expand to international locations without having to open physical locations in every market they wish to operate in. The power internet has on small businesses can’t be overemphasized really. There is heavy reliance on internet for these businesses and even individuals to survive. Shutting down of the internet will technically shut down these businesses and individuals. The only set of people that will survive are those that their work do not really require the internet, which are very few anyway.
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