London Daily

Focus on the big picture.
Tuesday, Aug 05, 2025

9 And 14-Year-Old Siblings Make $32,000 A Month Mining Ethereum

9 And 14-Year-Old Siblings Make $32,000 A Month Mining Ethereum

Meet the brother (14) and sister (9), who are making thousands of dollars mining Ethereum.

While most kids are playing with their computers, siblings Ishaan and Aanya Thakur are making money with theirs. The bother-sister duo currently makes $32,000 a month from their Ethereum mining operation which they started in their garage.

Ishaan Thakur, 14, and his little sister, Aanya, 9, typically ran a lemonade stand each summer that earnerd them about $100 for their college fund.

But in February, their dad told them a bedtime story about bitcoin prices spiking to over $50,000 and they dreamed up a new money-making idea: mining Ethereum.

“We wanted to invest in it, but we didn’t have the money to buy bitcoin,” Ishaan said. “So instead, we bought the equipment to mine for it instead.”

They had started by mining Ethereum using an old gaming laptop that they had. And in the first month of mining, they had made $1,000 from their small operation. This motivated the pair to take their activities to the next level, given the profits they had acquired using just an old gaming laptop. Crypto mining requires chips to mine and this is where the siblings ran into their first problem.

Chip Shortage Due to COVID-19

Siblings Ishaan and Aanya wanted to expand their mining operations, but due to the pandemic, there has been a chip shortage. Manufacturers had not been able to keep up with demand due to countries going into lockdown and people not being able to go to work. So getting a chip required for mining has become harder than ever. The duo had two options; buy chips from resellers online at a marked-up price or wait for chips to become available. They chose the latter.

9-year-old Aanya and 14-year-old Ishaan signed up for supply updates from retailers like Best Buy and Micro Center. When chips and hardware needed for their mining operations were available, they would get alerted by email. And the siblings would line up outside the retailers before they opened the next day to be able to get the parts.

This strategy has proven to be profitable for them as the duo has been able to expand their mining operations beyond their home garage. Their rigs were generating too much heat to stay in their home garage and so now they have an air-conditioned data center in downtown Dallas where they keep most of their mining rigs. While they still keep about 30 cards in their garage.

“Crypto mining is just like mining for gold or diamond,” Ishaan said. “Instead of using shovels, you mine with computers. Instead of finding a piece of gold or diamond in the mine, you find a piece of cryptocurrency.”

While YouTube videos showed them step-by-step directions, they estimate it takes about 10 hours per rig to set up. But once the rigs are set up, it becomes a passive income maker.

They have 14 rigs comprising 82 processors mining for Ethereum and five small rigs with 12 processors mining for Raven Coin (because those processors weren’t optimized for Ethereum). They’ve ordered four additional rigs from China with built-in processors.

“We want to grow this into a big thing,” Ishaan said.

Saving for College

The siblings save most of their returns from mining. But they have had to sell some portions of their crypto in order to pay for things like electricity and parts to expand their mining operation. Profits from the mining operation, Ishaan explained, go to their college fund. Both siblings have dreams of becoming doctors and want to go to the University of Pennsylvania, in the case of Ishaan, and the University of New York, in the case of Aanya. And they are hoping mining Ethereum will help them fulfill their dreams of going to college.

As for the cost of electricity, their returns far outweigh the power bill they get for mining. For the previous month, they had to pay a total of $2,500 – $850 for their home electric bill and $1,650 for their data center electric bill. This might be a high power bill, but it pales in comparison to the $32,000 that the siblings are bringing in for their mining operation.

Cryptocurrency has grown in popularity this year, leading lawmakers to think more seriously about how to regulate it. Recently, Texas enacted HB 4474, the Virtual Currency Bill, which allows the 216 Texas state-chartered banks to provide safekeeping services for virtual currencies. This week, the U.S. Senate passed the $1.2 trillion infrastructure bill that requires more tax reporting for cryptocurrency transactions.

Ishaan said he tries to keep up with news on the cryptocurrency world. But neither he nor Aanya have told their friends about their latest venture.

“Most kids like to play games on their computer,” he said. “We like to build them, I guess.”

Source: 9 And 14-Year-Old Siblings Make $32,000 A Month Mining Ethereum – Fintechs.fi
Comments

Billy B 4 year ago
There is so much wrong with this article, I am disappointed that this was even written.

Newsletter

Related Articles

0:00
0:00
Close
Texas House Paralyzed After Democrats Walk Out Over Redistricting
Mexican Cartels Complicate Sheinbaum’s U.S. Security Talks
Mark Zuckerberg Declares War on the iPhone
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
Tesla Seeks Shareholder Approval for $29 Billion Compensation Package for Elon Musk
Nvidia is cutting prices on its RTX 50-series graphics cards after sales slowed and inventories piled up
Ghislaine Maxwell Transferred to Minimum-Security Prison Amid Ongoing DOJ Discussions
U.S. Tariffs Surge to Highest Levels in Nearly a Century Under Second Trump Term
Matt Taibbi Slams Media for Role in Russiagate Narrative
Pilots Call for Mental Health Support Without Stigma
All Five Trapped Miners Found Dead After El Teniente Mine Collapse
Ong Beng Seng Pleads Guilty in Corruption Case Linked to Former Singapore Transport Minister
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
Italy Fines Shein One Million Euros for Misleading Sustainability Claims
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
Declassified Annex Links Soros‑Affiliated Officials and Clinton Campaign to ‘Russiagate’ Narrative
UK's Online Safety Law: A Front for Censorship
Nationwide Protests Erupt in Brazil Demanding Presidential Resignation
Parents Abandon Child at Barcelona Airport Over Passport Issue
Mystery Surrounds Death of Brazilian Woman with iPhones Glued to Her Body
Bus Driver Discovers Toddler Hidden in Suitcase in New Zealand
Switzerland Celebrates 734 Years of Independence Amid Global Changes
U.S. Opens Official Investigation into Former Trump Prosecutor Jack Smith
Leaked audio of Canada's new PM Mark Carney admitting the truth about the Net Zero agenda: "We're gonna make a lot of money off of this."
China Enforces Comprehensive Ban on Cryptocurrency Activities
Absolutely 100% Realistic EVO Series Doll by EXDOLL (Chinese Company) used mainly for carnal purposes
World Economic Forum founder Klaus Schwab: "In this new world, we must accept... total transparency. You have to get used to it. You have to behave accordingly. But if you have nothing to hide, you shouldn't be afraid."
Meet Mufti Hamid Patel, head of Office for Standards in Education in Pakistan
George Soros tells the World Economic Forum: "President Trump is a con man and the ultimate narcissist, who wants the world to revolve around him."
Hamas are STARVING the hostages.
Decline in Tourism in Majorca Amidst Ongoing Anti-Tourism Protests
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
Poland Begins Excavation at Dziemiany After New Clue to World War II‑Era Nazi Treasure
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Threatens Canada with Tariffs Over Palestinian State Recognition
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Trump Sues Murdoch in “Heavyweight Bout”: Lawsuit Over Alleged Epstein Letter Sets Stage for Courtroom Showdown
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
Trump Administration Finalizes Broad Tariff Increases on Global Trade Partners
J.K. Rowling Limits Public Engagements Citing Safety Fears
JD.com Launches €2.2 Billion Bid for German Electronics Retailer Ceconomy
Azerbaijan Proceeds with Plan to Legalise Casinos on Artificial Islands
Former Judge Charged After Drunk Driving Crash Kills Comedian in Brazil
Jeff Bezos hasn’t paid a dollar in taxes for decades. He makes billions and pays $0 in taxes, LEGALLY
China Increases Use of Exit Bans Amid Rising U.S. Tensions
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
×