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    Home»NEWS»Nick Sears 19-year-old earns $54,000 a year mining bitcoin as a full-time job
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    Nick Sears 19-year-old earns $54,000 a year mining bitcoin as a full-time job

    News DeskBy News DeskJuly 31, 2021No Comments2 Mins Read
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    US : Nick Sears was 17 years old when he helped build a bitcoin mining farm in Dallesport, Washington. He was 18 when he was legally allowed to buy bitcoin for the first time. And now, at 19, Sears has doubled down on his life as a bitcoin miner, saying “no” to college and “yes” to living in a room inside a data center that houses 4,500 whirling ASICs.

    “My room is sound-locked,” said Sears of the acoustic retrofitting of his living quarters. “So I can’t hear the machines when I close my door, but they are definitely noisy if I have my door open.”

    The machines generate about 80 decibels of noise apiece — but Sears says he likes being as close to the action as possible. It also beats making the half hour commute each way from his parents’ house in White Salmon.

    The 19 year-old has spent pretty much every single day for the last two years teaching himself the nuances of how mining machines work – and crucially, how to fix them. He believes his education in soldering and electronics is worth a whole lot more to him than a university degree.

    “I don’t think about going to college at all, just pursuing further knowledge in the repairs of the miners,” continued Sears.

    CNBC spoke with multiple miners for this story. Many explained that the allure of mining comes from being able to tangibly grasp the power of bitcoin.

    “If you’ve been to any of these data centers, the first thing you’ll notice is just how vast and how impressive they are. They’re huge,” said explained Thomas Heller, chief business officer for Compass Mining, which works with Sears’ employer, SCATE Ventures.

    “There’s so much noise, and there’s so much heat. There’s just so much action going on. It is quite cool to walk into a data center for  the first time that’s mining bitcoin, because you can really connect the intangible aspects of bitcoin as a currency, with the physical nature of these machines consuming power and doing these calculations.”
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    Bitcoin Nick Sears
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