My $10,000/month Crypto Passive Income Strategy

Hello! Your Friend Andy here. Welcome to the Passive Bites newsletter.

Previously my newsletter didn’t have a name, now it does. So if you are wondering if you are in the right place, you are!

I’ll focus on sharing how to create passive income, build multiple income streams, and achieve financial independence.

Same newsletter, just with a more focused approach and a new name.

For this first email, let’s start with a form of passive income that is near and dear to me:

Crypto Passive Income

I have been tinkering with crypto passive income since 2014 when I built a Litecoin mining rig in a milk crate (it was janky).

It wasn’t until 2018 that I really focused on a strategy though.

That strategy has evolved over the years and it has had highs and lows.

During the peak crypto bull market in 2021/2022, this strategy was making $40-60K per month.

Now in the crypto bear market, it’s down, but still pulling an impressive $8-12K per month.

So let me break down my top 3 sources of crypto passive income:

1) CRYPTO MINING - $4,500+ per month

First up is my original, my favorite, and my current top crypto income source.

Mining falls into 3 categories for me, Bitcoin, Kadena, and Spec Mining.

Bitcoin mining makes up most of this income. I run 16 Bitcoin mining machines hosted at a remote facility. These are 100% hands-off. I simply pay my hosting fees each month.

These fees can range from $80 per unit per month to $180. Bitcoin mining is a little daunting, but once you have it running, it’s incredibly passive. Just make sure you find a good hosting facility. I buy my miners from Musk Mining.

Spec mining is the second focus in this category. Speculative mining is when you find crypto projects that are newer and maybe not even on exchanges yet.

You mine these early and then eventually the returns can be 10X or 100X what they would have been if you mined something more mainstream if you pick the right thing to mine.

Historically one of my biggest wins was spending about $2,000 on electricity mining Flux. What I mined is now worth $300K+

One crypto I am currently spec mining: Etica

2) UTILITY NODES - $4,000+ per month

Utility nodes have been the real money-maker and backbone of my strategy.

A utility node is, at its very basic level, a computer (either in your house or in the cloud) that runs software for a specific cryptocurrency. When you run this software and hold some of their coins/tokens, you earn a return because this computer helps the overall crypto network out.

Here are some of the crypto projects I run nodes for:

Flux
Presearch
Constellation
Streamr
SCPrime
Neoxa (coming soon)
And more

Historically utility nodes have been one of my highest earners during bull runs.

3) Mining/BOT NFTS - $500-1000+ per month

This is my newest addition but a very exciting one.

Here’s the basic idea. A crypto project wants to build a mining farm or operate a bunch of trading bots.

They allow people to invest in the project to kickstart this process. When you invest, you get an NFT.

When the project gets going and starts making revenue, they share a percentage with NFT holders.

This is one of the absolute most passive income streams on my list. Here are a few projects I am in:

Fraction Mining (BTC mining NFTs)
Alpha Shares Mining (BTC mining NFTs)
James Pelton Forex NFTs (forex trading bots)
WarBots NFTs (crypto trading bots)

I could go way more into detail about all of these AND I didn’t include my other crypto income sources like staking, airdrops, various devices, crypto options, etc.

I wanted to keep this newsletter to a manageable size, so I kept this to the top 3.

Airdrops in particular is one I want to cover more in the future. For just an hour or two of your time, you can earn thousands of dollars with airdrops.

Our trading teacher in my community, Zzz Money Club, currently has 4+ guides available to our members for some upcoming airdrops. The last one paid out $2,000 each to our members who participated. We have a no-risk 7-day trial for our VIP membership that includes these guides and more.

What are your favorite crypto passive income sources? Reply and let me know.

See you in the next one.

Andy