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It is quite possible. I have made around 50k in total from catching bugs in around four days. But, you can't make a statement and say it is true without an official announcement for it. Also, I have never even made close to 10k in mining in an hour.
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12.5k a day with bugs? how many hours did you work in a day then? Also how did you get the jars, crafted or bought? Just wanna know in case I decide to take up mining. Been just doing farms mines and trees myself.