It’s hard to find income streams that don’t require a large time commitment. If you own a reasonably powerful computer, though, you’re already positioned well to make an extra few hundred bucks a month without investing too much of your spare time.
While you can technically make money online by streaming, affiliate marketing, blogging, or creating a YouTube channel, these aren’t very reliable streams of income, as 99% of people don’t succeed. These can certainly be worth pursuing if you’re willing to invest a large amount of time up front, but many people aren’t.
As such, this article will avoid these kinds of strategies and cover some shorter-term ways to make money using your gaming rig. Additionally, I’ll only include strategies that I’ve personally used and had success with, so you can trust that these are achievable by the average PC owner.
1. Mine Cryptocurrency:
It’s no secret that crypto is booming right now. Bitcoin’s price currently hovers around $50k, while Ethereum costs over $3000. With these high prices, mining cryptocurrency is largely profitable.
While some people invest thousands of dollars into rigs with scores of graphics cards, you can make some idle income with the equipment you already have. For example, I own a PC with an RTX 3080 and a laptop with a GTX 1660Ti, and average close to $7 a day using these two rigs to mine Ethereum. Electricity costs less than $1 a day, which brings my profit to around $200 a month just by letting my computers run when I’m not using them.
Ethereum is currently the most profitable cryptocurrency to mine with your GPU. To learn more about how to do this, check out our guide on how to mine Ethereum.
Proof of work (GPU mining) isn’t the only way to acquire cryptocurrency, however. If you have some free hard drive space, you can also try your hand at Proof of Space mining, where you mine by allocating free storage space. Check out our guide to farming Chia for more information on this process.
GamerzArena is a tournament site featuring a plethora of games, including Call of Duty, Battlefield, Fortnite, Apex Legends, PUBG, VALORANT, Madden, Rocket League, Rogue Company, and more. Its format is different from most other sites, in that you can play as many games as you want in order to get the highest possible score.
For example, if you entered a Call of Duty tournament and had the highest-kill game out of all participants, you would win the first-place prize. GamerzArena allows you to enter some tournaments for free, but they feature a relatively small prize pool (the winner typically gets $5).
The most profitable way to is to pay for their premium subscription, GA+, in order to play in higher-value tournaments. It costs $12.99 a month, but if you get first place in any GA+ tournament you make $25. Using this, I’ve made about $250 in the past 2 months, and I could be making even more if I was half-decent at PUBG or Apex Legends.
Moreover, GamerzArena often features larger sponsored tournaments with prize pools worth hundreds of dollars. For instance, they’re currently hosting a NHL PS4 tournament with a $500 prize pool ($400 will go to the first-place winner). Many of these require no GA+ subscription and are completely free to enter.
Last but not least, Repeat is a tournament website that features free-entry tournaments with large prize pools. Tournaments are typically sponsored by a large organization such as Papa John’s or the U.S. Army.
First place prize typically varies from $100 to $500, while lower placements can still garner a sizeable chunk of money. Once you’re in a tournament, you play whatever game you’re entered for and your score is sent to Repeat via your connected account.
Your total score for the tournament is typically the sum of your best 10 or best 20 individual-game scores, meaning you can play as many games as you want in order to improve your total score.
The beauty of Repeat is that you can enter as many tournaments as you want at the same time, and if you have a high-scoring game it counts towards all of the tournaments you’re entered in for that specific title.
If you don’t have a PC yet but are thinking about getting one, consider building it yourself. Check out our PC-building beginner’s guide for a step-by-step resource covering the entire process.
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