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Fiverr (https://www.fiverr.com/), tasks usually take less than an hour and give me enough revenue to pay domains and hosting for my pet projects.

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Got to disagree here. Even if your task takes only 30 minutes, by the time you add getting client's requirements and browsing for jobs each task will take 1 hour. You should not be working for $5 / hour.

Hey thats a really good idea! How long does it take to get started with that? Do you find a long lead time from signing up to building a reputation to getting a lot of gigs?

Depending in the gigs you offer your experience may differ, I do python/perl/sh scripts and sysop tasks and after a month I started receiving enough gigs a month (5-8) to pay my digital bills.

I think logo designers, web developers and translators get a lot more traffic. I just recently was upgraded to 1st level seller after 3 months, so I think it's relatively fast.

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