The Crypto Family Farm

Inside the life of a family that eats, sleeps, and breathes the blockchain

Logic Magazine
Logic Magazine

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Vintage black-and-white photo of a person standing in front of waterfall.
Shoshone Falls, Snake River, Twin Falls, Idaho, 1927. Photo: WaterArchives.org/Flickr via CC BY-SA 2.0

By Gabriel Nicholas

Inside the Collins household fireplace, underneath nine Christmas stockings that hang year round, sit the cryptocurrency mining rigs. In the winter, these screenless computers are moved below the furnace, where the excess heat they produce helps warm the house. That way, Owen, Cassie, and their seven children can save some money on the energy bill for their rural Washington home. It also helps them avoid unwanted attention from the power company — which, if it found out about their power-hungry endeavor, might ask for bills to be paid up front.

Owen maintains the mining rigs as they search for whatever cryptocurrency earns them the most per watt, but it is his wife Cassie’s trading that really keeps the family afloat. When not homeschooling the kids, she is glued to her computer, hoping to multiply their earnings by trading the cryptocurrencies that the mining rigs bring in for others she hopes will grow in value. Now that she has a few years of experience, she knows how to spot a “scam coin” and which forums to trust. Most days, she earns a profit.

The children, who range from first grade to college, help with both sides of the business. The oldest daughter has been in charge of…

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