Crypto Income Update – November 2021

close up shot of a bitcoin

Two more crypto miners arrived in late November and should start to show up in my reports for December/January onwards. Additionally, I should have another two units arriving in (I hope) December/January. This will bring my fleet of crypto miners to 5 HNT miners, in addition to a 3090.

This month I also looked at my computer equipment and realized I had most of the parts for an extra computer. This computer will be used for a media center for my parents primarily, but since I also have a high-end GPU for it, I will also be mining from it. This brings my total to 7 miners, including a 3090 and a 2080. My estimated income per month at this point, once everything gets going is somewhere around 1000-1500 USD / month, based on current prices.

For the next while I will likely be using be using some of my crypto earnings to deleverage slightly. I haven’t fully decided yet on whether or not I want to further pursue this course of action and will likely re-evaluate after seeing December’s cashflow and doing my budget for 2022.

Mining

CryptocurrencyAmountAmount in CAD*
BTC0.00262351$192.22
ETH0.03633194278$216.33
BAT7.28606$16.10
HNT6.53869895$337.79
Total: $762.44

Investing

CryptocurrencyAmountAmount in CAD*
BTC0.00004503$2.66
ETH0.00050391278$2.22
Total: $4.88

Total Monthly Income from Crypto: $767.32

*FX taken at time of writing