Gone are the days of the traditional “go to school and then get a job” mantra we were told as kids.
This generation of kids are now so advanced technologically that they can as well send themselves to school as young as 15 years old and buy their parents a car even before they are officially able to drive.
Lets take a look the 14 and 9-year-old siblings who earn over $30,000 (over ₦18 million) a month mining cryptocurrency.
Fourteen-year-old Ishaan Thakur and his sister, 9-year-old Aanya, spent their summer building a lucrative business mining cryptocurrency.
“We started because we wanted to learn something new about technology – and also make some money along the way,” Ishaan tells CNBC Make It.
And they have.
Each month, the siblings make over $30,000 mining three digital coins: Bitcoin, the largest cryptocurrency by market value; ether, the second-largest; and ravencoin, an altcoin amid the top 100, Ishaan says.
His parents were supportive: “We could have spent the entire summer playing video games, but instead we used our spare time to learn about technology,” Ishaan says.
The siblings’ income continued to rise, and by late July, they could afford to buy more equipment.
In total, they expect to earn around $36,000 in September based on the equipment currently on order, Raj says.
Now let’s take a look at another young boy called Benyamin Ahmed.
Benyamin Ahmed isn’t your average 12-year-old.
When he’s not at school, he enjoys swimming, taekwondo — and learning how to code.
But lately, non-fungible tokens, or NFTs, and the smart contracts, or collections of code, that power them, have caught Ahmed’s attention.
“I first learned about NFTs earlier this year,” Ahmed, who is based in London, tells CNBC Make It. “I got fascinated with NFTs because you can easily transfer the ownership of an NFT by the blockchain.”
Ahmed has made over $350,000 to date, and by the end of August, projects his total earnings will be over $400,000 (N240 million).
As of now, Ahmed doesn’t have a traditional bank account, only a cryptocurrency wallet.
Combined age of 35 years are earning obscene amounts of money online yet a few people are not convinced the online market is viable and would rather make money the old “9 to 5” job kinda way or better still “buy and sell” businesses?
It’s time to wake up and smell the roses.
Making money is now child’s play. (pun intended)
Don’t use the internet to just have fun or while away time, use it to make money.
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