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How to make money when you don't have to pay electricity

Discussion in 'Business & Tax Advice' started by Keys, Jan 27, 2017.

  1. Keys

    Keys Newbie

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    Hello,
    I was wondering... I don't have to pay for electricity ..... What can I do to generate money from my home? :p
     
  2. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

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    Do some rewiring and sell electricity to your neighbor.
     
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  3. Xr0x

    Xr0x Jr. VIP Jr. VIP

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    Grow some weed with 1000W HPS lamp
     
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  4. gombafej

    gombafej Registered Member

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    If you don't have to pay for electricity just because your mom is paying for it, you should tread carefully.. :d
     
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  5. datsunguy

    datsunguy Supreme Member

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    -build a laser
    -power it using your free electricity
    -go full on empire on your neighbours house to show dominance.

    -demand that your local council/government pays a monthly sum, so you wont fire your laser.
    - $$$ PROFIT
    -buy sweet ass costume and mask.
     
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  6. Memoirs

    Memoirs Newbie

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    i've been in this situation aha. i rented a house and the cost for electric and gas was fixed per month, however much i used :D

    i set up a little BTC mining farm but it was pretty bad. if there are some little currencies then you could mine that, but these take a lot of investment
    you could also grow weed with lamps. someone else in the thread suggested that
    i botted Dekaron and runescape in a room full of computers constantly. i used the second bathroom, and it got me quite a lot of GP. like $400 a month extra

    lmk how it goes!
    don't do this if it's your parent's electricity or something dude. if someone you know has to pay, then don't. if it's at a fixed cost- and you're sure about that, then go right ahead.
     
  7. Memoirs

    Memoirs Newbie

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    l0l
     
  8. Sawa082

    Sawa082 Newbie

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    Mining bitcoins?
     
  9. BackY

    BackY Senior Member

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    I think it's something where u leave ur computer on, and it generates income or someshit like that, but u first have to pay for a package (depending on how much u plan to make) then ur money will start getting back after X months... it also matters on ur PC speed and strength I think, the better the pc, the mroe money, but not rlly sure about it.
     
  10. Memoirs

    Memoirs Newbie

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    that sounds like cloud mining... that's where you pay for a space on a server that mines btc but most of them are scams.
    mining the proper way is owning a computer or graphics card that mines the bitcoin which you can then sell. the computers are mostly just special GFX cards that calculate what needs to be calculated in order to mine the BTC. idk it's complicated

    it's dead too. nobody can do it anymore because there are millions of chinese doing it 24/7 on very powerful farms. there's no point in 2017
     
  11. mechleader

    mechleader Registered Member

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    AFAIK, and it's really not a lot. If you want to mine bitcoins you use a GPU instead of a CPU for processing. GPU have thousands of cores and can execute hundreds of times more calculations per clock. They mine 500+ times faster. The problem is using GPU for this kind of processing takes cubic fuckloads of wattage in comparison to a regularly running computer. So if you use a GPU to mine, you usually break even in the electricity bill from what you get in bitcoins. My buddy who didn't have to pay for electricity mined bitcoins and turned a profit. This was a few years ago though, I have no idea if the electricity and bitcoins are similar in cost now. His mom got pissed at the electricity usage shut the operation down. But then the huge value jump happened and he made 90k and bought his mom a honda civic to pay her back so lol.
     
  12. BackY

    BackY Senior Member

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    Anywhere we can read about how that is run, in details?
     
  13. Keys

    Keys Newbie

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    I have one laptop but I use this thing mainly for school (XPS15 L502X 2011 version). Will it be profitable when mining coins or will I just reduce lifespan of my lappy? :eek:
     
  14. datsunguy

    datsunguy Supreme Member

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    definitely will not be profitable for mining
     
  15. Keys

    Keys Newbie

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    I'm a poor student.... could perhaps invest 200 euro's or so but will I be sure it will be profitable?
     
  16. datsunguy

    datsunguy Supreme Member

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    forget mining, find another way to make money.
     
  17. Jason Bradbury

    Jason Bradbury Power Member

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    Buy 2007 ebooks
     
  18. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    Grow a cannabis farm.
     
  19. mrarowana

    mrarowana Junior Member

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    im guessing ptc
     
  20. shezboy

    shezboy Jr. VIP Jr. VIP Premium Member

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    Took the words out of my mouth :D


    ^^ smart, very, very smart answer
     
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