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Anyone have a side job to earn additional income? What do you do?

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  • Mar 10th, 2018 12:59 am
[OP]
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Jan 28, 2018
275 posts
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Anyone have a side job to earn additional income? What do you do?

I'm currently working as a junior engineer in Halifax, however our salaries in this city are low and between my current pay, high taxes, and student loan I'm scraping by. I'm thinking about finding a side job of some sort to bring in supplementary income. Something small that allows me to afford to go on a vacation one of these years.

Does anyone here have a side business or job they do during their spare time that brings in extra money? If so, what do you do?
53 replies
Deal Expert
Aug 22, 2011
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More of a hobby, but I recently built a 6 rig cryto mining rig (cost me about $9K) and it's generating me on average of USD $30/day.
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Mar 9, 2007
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Male gigolo on the weekends.

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[OP]
Member
Jan 28, 2018
275 posts
213 upvotes
vkizzle wrote: More of a hobby, but I recently built a 6 rig cryto mining rig (cost me about $9K) and it's generating me on average of USD $30/day.
Interesting. That's a sector that's totally out of my knowledge element. Do you even have to do anything other than just let it run?
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Aug 10, 2015
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I'm interested to see the responses on this one.

I've thought about a side job a number of times, but I really don't feel like I have enough spare time to put towards working for any type of employer. Any type of additional income would have to be something where I set my own hours. But, I have not thought of anything that suits me that well. I've considered buy & sell on Kijiji, but have yet to buy anything for the sole purpose of reselling.

I'm an engineer as well.

Edit:

I recently got into the business of selling kindling wood that I source, cut, and bundle. I bought a used chop saw for $30, and some tying twine for $15. I can work on making bundles any time I have wood, and a bit of free time. In a month and a half, I've made $110 in sales. It's not big money, but it amuses me, and adds a few dollars to my wallet.

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Last edited by rkjredflag on Dec 5th, 2018 4:51 pm, edited 1 time in total.
Deal Expert
Aug 22, 2011
35645 posts
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MrManager wrote: Interesting. That's a sector that's totally out of my knowledge element. Do you even have to do anything other than just let it run?
I'm mining with Nicehash, which takes a cut when they pay to the internal wallet and also when you transfer out.
You download their program, it detects the type of GPU you have and mines the most profitable crypto automatically.
I've only been mining for about a month now and haven't had to go down to check out the rig, as the status of my GPU can be monitored from the Nicehash's website.

Unless BTC doubles again, I'm not going to get rich; but it covers the cost of the electricity usage and eventually will pay off the entire rig :)
Deal Guru
Dec 11, 2008
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I know a friend who started making cards on ETSY as a side job and it became really big that it took so much of her time that she was contemplating quitting her day job lol.
Deal Guru
Feb 9, 2006
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vkizzle wrote: I'm mining with Nicehash, which takes a cut when they pay to the internal wallet and also when you transfer out.
You download their program, it detects the type of GPU you have and mines the most profitable crypto automatically.
I've only been mining for about a month now and haven't had to go down to check out the rig, as the status of my GPU can be monitored from the Nicehash's website.

Unless BTC doubles again, I'm not going to get rich; but it covers the cost of the electricity usage and eventually will pay off the entire rig :)
Gotta say The return sounds pretty bad.
$9k sunk cost (can't speak to the carrying cost since I don't know your power consumption)
$30USD avg return with it likely getting worse as complexity of the calculations get higher you'll need more & more powerful hardware.
Gotta gamble on the those prices doubling.
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Aug 22, 2011
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tebore wrote: Gotta say The return sounds pretty bad.
$9k sunk cost (can't speak to the carrying cost since I don't know your power consumption)
$30USD avg return with it likely getting worse as complexity of the calculations get higher you'll need more & more powerful hardware.
Gotta gamble on the those prices doubling.
LOL, I don't expect ROI anytime soon.
If shit goes south, I either end up with 2-3 high performing gaming computers; or can sell the GPU.
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Feb 9, 2006
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vkizzle wrote: LOL, I don't expect ROI anytime soon.
If shit goes south, I either end up with 2-3 high performing gaming computers; or can sell the GPU.
Don't take what I'm going to say the wrong way. As you recall in our past exchanges it's just curiosity.

Lets say it all goes south. Then the GPU's resale price will also go south like it has in the past no?
I hear you on the gaming computers. There's value there

I've personally ran some some numbers and unless you're in an area like QC where Hydro is much cheaper than Ontario and you managed to get the GPUs really cheap you'd end up under water/taking a bath unless Crypto goes thru another explosion no?

Again just looking at it objectively. Mining ain't what it used to be.
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Aug 22, 2011
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tebore wrote: Don't take what I'm going to say the wrong way. As you recall in our past exchanges it's just curiosity.

Lets say it all goes south. Then the GPU's resale price will also go south like it has in the past no?
I hear you on the gaming computers. There's value there

I've personally ran some some numbers and unless you're in an area like QC where Hydro is much cheaper than Ontario and you managed to get the GPUs really cheap you'd end up under water/taking a bath unless Crypto goes thru another explosion no?

Again just looking at it objectively. Mining ain't what it used to be.
I truly do believe crypto currency is the future and it's not going anywhere (depsite the recent downturns).
As of today's calculation, each of my cards can bring in USD $91.30/month, after factoring USD $0.1kWh of electricity, multiplied by 6; that's roughly USD $549.60/month

There's still money to be made, despite being slow :)
Member
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Aug 29, 2016
333 posts
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Toronto
vkizzle wrote: More of a hobby, but I recently built a 6 rig cryto mining rig (cost me about $9K) and it's generating me on average of USD $30/day.
Did you put your rig together yourself? Do you have computer programming knowledge? I am heavily invested in cryptocurrency and have made good returns, so I am lookign to expand and get into other avenues.
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Aug 22, 2011
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dielan wrote: Did you put your rig together yourself? Do you have computer programming knowledge? I am heavily invested in cryptocurrency and have made good returns, so I am lookign to expand and get into other avenues.
Yes, I built the rig myslef (it's very straight forward) and anyone can do it.
Shoot me a PM and I will list every single part I bought.
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Aug 29, 2016
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vkizzle wrote: Yes, I built the rig myslef (it's very straight forward) and anyone can do it.
Shoot me a PM and I will list every single part I bought.
Thanks for the reply man. I sent you a PM
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Dec 27, 2013
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What is the demand for high school math tutors in your area?
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Apr 16, 2009
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vkizzle wrote: I'm mining with Nicehash, which takes a cut when they pay to the internal wallet and also when you transfer out.
You download their program, it detects the type of GPU you have and mines the most profitable crypto automatically.
I've only been mining for about a month now and haven't had to go down to check out the rig, as the status of my GPU can be monitored from the Nicehash's website.

Unless BTC doubles again, I'm not going to get rich; but it covers the cost of the electricity usage and eventually will pay off the entire rig :)
FYI if you transfer out to Coinbase they don't charge anything.

From there you can use GDAX (owned and operated by Coinbase - same login works) and transfer to QuadrigaCX for free, and then transfer out to Bank for free.

A few extra steps, but to avoid more fees I think it's worth it.
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Nov 6, 2010
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I do some consulting work on the side (in the same field I work in, but another industry). I'm lucky since my client is very flexible so I can work on evenings/weekends so long as I meet their deadlines and their office is near my job so I can hop in for an evening meeting if required.
[OP]
Member
Jan 28, 2018
275 posts
213 upvotes
jvnanu wrote: What is the demand for high school math tutors in your area?
That's actually not a bad idea. I could look into it.

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