“What’s Electricity Cost?” Man Buys Bitcoin Machine That Gives Him $8 Daily, Installs It in His House

“What’s Electricity Cost?” Man Buys Bitcoin Machine That Gives Him $8 Daily, Installs It in His House

  • A young Nigerian man showed people the Bitcoin miner that is steadily giving him $8 (N6,244) every day in profit
  • Mentioning the name of the device, the man said he installed the miner in his house as he plugged it into a power source
  • Among many Nigerians who thronged his comment section were those who asked him to tell them the power and internet costs of running such a machine

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A young Nigerian man bought a Bitcoin mining machine called Anitminer S19. He revealed the mining activity of the device gives him $8 (N6,244) daily.

The man (@shugadaddii_) showed the moment he took the miner to his house and installed it. He, however, did not tell how many hours the machine works daily to get $8 (N6,244) and the power consumption cost of running it.

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Bitcoin miner in Nigeria/Man made money.
People wanted to know about the man's mining device. Photo source: @shugadaddii
Source: UGC

Man made dollars at home

Nigerians thronged his comment section. Many were excited at the extra source of income the machine would give them.

During the installation, the man in a video showed how the machine was plugged into his system, which displayed the running activity of the device.

Watch the video below:

Legit.ng compiled some of the reactions below:

WavyNiggur asked:

"You make 8usd daily at what power expense?"

Vindrousy asked:

"That means if i have it up to 10 it will make 80$/day?"

The man replied:

"Correct."

CY said:

"Compare the expenses... no profit inside unless u have more than one."

Echebe Louise asked:

"How do I get one plz? I want it."

emmanuelihesi complained:

"The noise, the wifi subscription, the energy and power consumption is bad like mad."

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Killerkadoo said:

"For this economy na watin go sure pass how much Abeg."

stanleychibs said:

"I just discovered Nigeria has miner Omo na to dey save."

seun said:

"What's daily average cost of the internet and electricity consumption for this miner alone. Minus it from the revenue and tell us the balance."

Ajayi said:

"Hope it’s solar you’re using sha."

Adesmith said:

"Show us way...Abeg me am ready."

Man earning N500k salary considered relocating

Meanwhile, Legit.ng earlier reported that a Nigerian man with a business that gives him a monthly profit from N400,000 to N500,000 got admission to a German school to study for his master's.

In an anonymous message to @Wizarab10 on Twitter, he revealed that he is in a dilemma about what to do.

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Source: Legit.ng

Authors:
Geraldo Amartey avatar

Geraldo Amartey (Entertainment Editor) Geraldo Amartey is an Entertainment Editor at YEN.com.gh. He pursued a degree in linguistics at the University of Ghana and graduated in 2020. He has over three years of experience in journalism. Geraldo's professional career in journalism started at the Ministry Of Information, where he worked as a writer. He has completed Google News Initiative News Lab courses in Advanced Digital Reporting and Fighting Misinformation. You can reach out to him at geraldo.amartey@yen.com.gh.

Audrey Gyamfi avatar

Audrey Gyamfi (Copy Editor) Audrey Gyamfi is a copy editor at YEN. She graduated from the University of Ghana in 2014 with a degree in Psychology and English. Audrey previously worked for 7 years as a copy editor for Kwadwoan publishing. She can be reached at audrey.gyamfi@yen.com.gh.