$30,000 per month by mining three major digital coins namely, bitcoin, the most valuable cryptocurrency by market capitalization; ether, the second-most valuable cryptocurrency; and ravencoin, an altcoin. Ishaan and his sister learned how to do things by watching instructional videos on YouTube and other sites. Ishaan converted an infamous gaming machine, the Alienware, into an ether mining tool. Mining is expensive. It requires advanced technology including processors and graphics cards. Approximately $3,000 is spent on each card. As a result of a global shortage of computer chips, prices have risen.
In addition, the electricity cost has risen to about $3,000 per month. As a result, the kids’ father had to take out a loan. Hence, the siblings mostly rely on renewable energy. Ishaan said, “We now use the garage (at home) only for building and testing mining rigs. When they are ready, we move them to a professional, air-conditioned data center in downtown Dallas”. Ishaan and Aanya wish to study medicine, but for the time being, processors are taking precedence over pulse rates.
