Texas Teens (9 and 14) Earn $30k Mining Crypto And Cuban Bitcoin Entrance Rumor

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Last Updated on 1 September 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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Bitcoin failed to break the $50k level for a few days in a row now, leaving the world’s biggest crypto trading sideways between $45k and $50k. At the time of writing is trading at $47.3k.

Ethereum is stealing the show, currently 9% up and trading above $3,500.

Dutch crypto analist Michael van de Poppe remained confident though that Bitcoin will shortly break to a new ATH. He said:

We clearly stated that $51,000 is the level that Bitcoin has to break through.

If that happens, we most likely are going into a new impulse wave back to $58,000 at first and then probably a new all-time high.

Advertentie.

Texas teens earn $30k per month mining crypto

Crypto is gaining steam with youngsters apparently. A story on CNBC went viral overnight. It showed to teens in Texas (aged 14 and 9 only) who had invested their savings in a crypto mining installation.

Youngsters Ishaan and Aanya (living with their parents in Frisco, Texas), reconverted their gaming computer into a crypto mining platform.

Ishaan said:

Crypto mining is just like mining for gold or diamonds. Instead of using shovels, you mine with computers. Instead of finding a piece of gold or a diamond in the mine, you find a cryptocurrency.

By now, this earns them a cool $30,000 per month. Not bad.

Half of my heart

Havana, ooh na-na, half of my heart is in Havana, ooh na-na. Camilla Cabello sang it right and I must admit that I haven’t been lured to Cuba so much since The Godfather II, when a much younger Al Pacino showed the swinging life of the island life south of Florida.

And now, seeing how popular Bitcoin has become in Miami, where a large expat population of Cubans have settled, looks like the main island is ready as well.

Just like more and more middle American countries (see El Salvador as a case in point) are being introduced to the use of cryptocurrencies, so has the communist government of Cuba now also seen the light apparently.

A resolution published last week in Cuba’s Official Gazette claimed that the central bank would be responsible for determining who should get the crypto licences, guided by the “socio-economic interests” of the country.

The document furthermore stated that cryptocurrencies are the:

Digital representation of value that can be traded or transferred digitally and used for payments or investments.

What that means is that in a few years time you’ll be able to pay for your Cuban hotel in Bitcoin, Dogecoin or other cryptocoins probably. And then you’ll be singing Havana, ooh na-na ….