Nice post, £2k a month is nothing to laugh at. How much do you reckon the set up cost you in total? Also, how is your cashing out into fiat venture going @glen-hodl?
Nice post, £2k a month is nothing to laugh at. How much do you reckon the set up cost you in total? Also, how is your cashing out into fiat venture going @glen-hodl?
Cheers. Yeah, £2k is a nice starting point - it's very near the UK's average salary across the year. My mining rig cost me the best part of £2500 (3xGPUs) and running costs are about £350-£400 per year in electricity. I pay about $7 per month to host the virtual servers needed for the masternodes (or you can host yourself for free but you need an always-on computer/server) and the 1000 INN cost me about $8000. Of course the bonus is that I bought all this from BTC I'd earned over the past few months, so the outlay has only been from my profits.
RE Cashing out, I'm still waiting for my Revolut account to be authorised in Uphold, but I'm into the third day of the three it should take, so hopefully I'll get confirmation one way or the other soon. If it's succesful I can try the bank transfer, which can take 1-5 days.