Techy ways to make money from home/online on the side?

[beanhubbleday]

13 minutes ago, MEC-777 said:

Usually when people set out to do something to make money "on the side", it typically doesn't bring in huge profits (depending on what you do, of course). For not a significant investment, you can build a substantial rig that will bring in some extra cash that will easily off-set the additional cost on your energy bill - and all you basically need to do is let it run. The OP could easily do that and still pursue other endeavors on the side, to make even more extra income. This is exactly what I'm doing.  I've already been making an extra $60-80 per month, just mining ETH on my 1070 alone and that's not even 24/7 as I still use it almost daily for gaming. 

But do you make 100% of your electricity back per month?

[MEC-777]

17 minutes ago, JackHubbleday said:

But do you make 100% of your electricity back per month?

Most of the profitability calculators you can find, incorporate the cost of electricity which you can adjust according to where you live, so you can see if it's worth it or not. 

 

The $60/per month I'm making right now, is above the additional cost of electricity used for mining. I've just increased it to $80/month because I'm now also using my CPU to mine Monero. 

[beanhubbleday]

Just now, MEC-777 said:

Most of the profitability calculators you can find, incorporate the cost of electricity which you can adjust according to where you live, so you can see if it's worth it or not. 

 

The $60/per month I'm making right now, is above the additional cost of electricity used for mining. I've just increased it to $80/month because I'm now also using my CPU to mine Monero. 

Fair play, but as mentioned previously if OP doesn't have a spare rig with a 1070 in 'lying' around, it's not worth it instantly or even for a while due to start up costs.

[vanished]

2 hours ago, JackHubbleday said:

But do you make 100% of your electricity back per month?

 you make significantly more than 100% back, otherwise you don't do it because you'd be losing money

[Teddy07]

9 minutes ago, Ryan_Vickers said:

 you make significantly more than 100% back, otherwise you don't do it because you'd be losing money

What are the energy prices in Canada? I am curious because I thought they are also high just like in Germany (0,23 € per kw/h)

[vanished]

7 minutes ago, Teddy07 said:

What are the energy prices in Canada? I am curious because I thought they are also high just like in Germany (0,23 € per kw/h)

It's like half that here

and it's per kWh, not kw/h

[MEC-777]

2 hours ago, JackHubbleday said:

Fair play, but as mentioned previously if OP doesn't have a spare rig with a 1070 in 'lying' around, it's not worth it instantly or even for a while due to start up costs.

Well, I mean I don't have a spare rig with a 1070 lying around either. But I'm also not using my PC a lot of the time, as most don't (overnight for example). So you can make *some* money on your main gaining rig, provided you have hardware that happens to mine well. But you can also pick up relatively cheap hardware that will also mine at a comparable rate and can run 24/7, along side your main gaming rig (when no in use). It all adds up. 

 

I'm not saying you can make a killing or anything, but you can make some extra money that, to some, would help pay some bills or to put into savings. 

[vanished]

34 minutes ago, MEC-777 said:

Well, I mean I don't have a spare rig with a 1070 lying around either. But I'm also not using my PC a lot of the time, as most don't (overnight for example). So you can make *some* money on your main gaining rig, provided you have hardware that happens to mine well. But you can also pick up relatively cheap hardware that will also mine at a comparable rate and can run 24/7, along side your main gaming rig (when no in use). It all adds up. 

 

I'm not saying you can make a killing or anything, but you can make some extra money that, to some, would help pay some bills or to put into savings. 

If you do go the route of just using existing hardware that isn't used 24/7 already (what I recommend), vs buying new dedicated mining gear, anything you make can go towards offsetting whatever you paid for it which is pretty cool.

[Okjoek]

On 9/8/2017 at 2:50 PM, Ryan_Vickers said:

You just need to make sure the bills are lower than what you'd make doing it.  a 280 isn't great but it might be usable

well, he's not wrong

My brother tells me it's easy to make profits using any RX series cards depending on the currency you decide to mine.

[MEC-777]

16 minutes ago, Ryan_Vickers said:

If you do go the route of just using existing hardware that isn't used 24/7 already (what I recommend), vs buying new dedicated mining gear, anything you make can go towards offsetting whatever you paid for it which is pretty cool.

I am building a dedicated mining rig, but the only thing "new" in it will be the USB PCIe risers.  The rest is older hardware I got for next to nothing and the GPUs I will just have to find the best deals on a few select cards. I've done a lot of research and created a spread sheet of viable GPUs to look for. It's a slippery slope and I can feel my feet losing grip, lol.  

9 minutes ago, Okjoek said:

My brother tells me it's easy to make profits using any RX series cards depending on the currency you decide to mine.

RX 470 and up, yes. The 460 and below are pretty weak for mining, from what I've learned. 

 

But good luck finding 470's+ for decent prices...  

[Okjoek]

Just now, MEC-777 said:

I am building a dedicated mining rig, but the only thing "new" in it will be the USB PCIe risers.  The rest is older hardware I got for next to nothing and the GPUs I will just have to find the best deals on a few select cards. I've done a lot of research and created a spread sheet of viable GPUs to look for. It's a slippery slope and I can feel my feet losing grip, lol.  

RX 470 and up, yes. The 460 and below are pretty weak for mining, from what I've learned. 

I remember him telling me he was able to get a hash rate of ~360 on it and he said it was pretty good considering the low power usage of the card, but he said you would need more of them to mine as fast.

[vanished]

3 minutes ago, Okjoek said:

I remember him telling me he was able to get a hash rate of ~360 on it and he said it was pretty good considering the low power usage of the card, but he said you would need more of them to mine as fast.

on what currency?  They're all totally different  

[Okjoek]

Just now, Ryan_Vickers said:

on what currency?  They're all totally different  

Ah well I dunno that stuff, that's his field. Monero is what he was using though.

[vanished]

4 minutes ago, Okjoek said:

Ah well I dunno that stuff, that's his field. Monero is what he was using though.

ok.  Well, I'm not familiar with typical values for different cards for Monero so idk if that's a lot or not  But yeah, it's important to specify what currency when stating a hash rate  

[MEC-777]

20 minutes ago, Okjoek said:

I remember him telling me he was able to get a hash rate of ~360 on it and he said it was pretty good considering the low power usage of the card, but he said you would need more of them to mine as fast.

For Monero, 360 is not terrible, but not great either. Just for comparison (not boasting), my 4770K achieves a rate of 280-320 on 6 threads at 4.3GHz while consuming 50w and my 1070 will do over 700 while consuming 90w. If you have just one card pulling 360, it's not really worth it. There are cards out there that will do better and cost less.  

[Okjoek]

Just now, MEC-777 said:

For Monero, 360 is not terrible, but not great either. Just for comparison (not boasting), my 4770K achieves a rate of 280-320 on 6 threads at 4.3GHz while consuming 50w and my 1070 will do over 700 while consuming 90w. If you have just one card pulling 360, it's not really worth it. There are cards out there that will do better and cost less.  

I think he gets about the same as my GPU on his R7 1700.

[MEC-777]

4 minutes ago, Okjoek said:

I think he gets about the same as my GPU on his R7 1700.

I'd believe it, and that's pretty good for a mainstream CPU. 

[ionbasa]

Freelancing as web designer is pretty good, especially if you can get local businesses on board. The other option is a social media manager, also pretty popular, but you wouldn't be paid per hour, but rather the number of user interactions and etc. 

 

I do a few things on the side here and there for some friends and business partners/connections, everything from managing Ubuntu Servers for a small organization to Wordpress site deployment. This is in addition to my job, most of the things I do as freelance are volunteered time on my part (I don't get ask for payment since it's usually very close friends or orgs I am actually a member of), once things are setup its very easy for me to take a step back and things just run themselves.

[nO_d3N1AL]

I made an Android app as part of my degree last year but never got round to putting it on the Play store. Also I had this Java application which monitored Steam market items and notified you when they went below or above a certain price but trying to turn a profit on Steam is very difficult due to the transaction fees (15% last time I checked).