How to earn Bitcoins in 2022 - all options for how to get Bitcoin

Earning bitcoins in 2022 has become much more difficult than 1-2 years ago. At that time, Bitcoin and cryptocurrencies in general were just beginning their ascent; it was possible for anyone to earn the average salary of an office worker, even on a home PC.

Now, with the advent of great competition and specialized equipment (ASIC miners), we have to come up with new ways to earn cryptocurrency, since buying your own equipment no longer brings that income? which was in 2017.

We will look at all the current ways to receive bitcoins in 2022 in this material. The most effective and profitable of them require investment, but there are options where you can get bitcoins, or rather several satoshis, without investing your own funds (in this case, you invert your time), although it’s worth noting right away that you won’t be able to earn anything significant without investments.

How does the farm work?

A mining farm is a whole system of interconnected miners connected to a database for processing data and generating transaction blocks through 1 or several computers. The reward for each block found is receiving cryptocurrency.

Factors affecting the speed of block detection:

1. Power of devices combined into a farm;
2. Blockchain complexity – the more users and power there are, the more difficult it is to define blocks.

To increase computing power, users unite in pools - specialized platforms that unite miners for a certain commission. In mining pools, all earned bitcoins are distributed in proportion to the volume of calculations performed by the user, i.e. proportional to power.

Internet

Publish0x

Publish0x is a content publishing platform (blog platform) that rewards not only content authors, but also readers with cryptocurrency. That is, by taking a couple of minutes to read the article, you will receive some cryptocurrency (BAT, ETH, AMPL). Every 10 minutes you can request a “tip” for different authors and once a day for a specific author.

Presearch

Presearch is an open, decentralized search engine that rewards community members with Presearch tokens for their use, contributions, and promotion of the platform. Essentially it’s like Google or Yandex, only for each search query you receive cryptocurrency, which can then be exchanged for Bitcoin. In addition, there is no intrusive advertising or user tracking.

Blogs

If you know how to write interesting articles and texts, you can post them on blogging platforms where authors are rewarded for good content.

1. Steemit
2. Hive
3. Read.Cash

Stages of creation

To create your own mining farm, you must perform the following sequence of actions:

1. Invest your own funds in equipment: purchase video cards or specialized miners, additional power supplies;
2. Construction of a server room where the farm itself is assembled (additional costs may be required for renting premises);
3. Cooling system control;
4. The assembled structure is connected to the main computer, on which a connection to the selected pool is carried out;
5. Starting the cryptocurrency mining process.

Where is the best place to buy cryptocurrency? TOP 5 crypto exchanges

For safe and convenient purchase of cryptocurrencies, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds in rubles, hryvnias, dollars and euros.

The reliability of the site is primarily determined by the trading volume and the number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from Visa/MasterCard and payment systems QIWI, Advcash, Payeer .

Especially for beginners, we have prepared a detailed guide: How to buy Bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

The criteria by which the rating is given in our rating of crypto exchanges:

• Reliability of operation
  - stable access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the period of operation on the market and daily trading volume.
• Commissions – the amount of commission for trading operations within the platform and withdrawal of assets.
• Reviews and support – we analyze user reviews and the quality of technical support.
• Interface convenience – we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Features of the platform are the presence of additional features - futures, options, staking, etc.
• The final score is the average number of points for all indicators, determines the place in the ranking.

Cloud mining

Cloud mining is a method of obtaining cryptocurrency using third-party data centers.

The essence of the process:

1. Select one of the cloud mining services;
2. The package is paid for (the cost of the package depends on the computing power of the connected equipment): payment can be made either with existing bitcoins or through bank transfers or credit cards;
3. Mining starts, the user connects to the selected pools;
4. The resulting cryptocurrency is distributed among the pool participants.

Note! Additionally, payments for data center maintenance and electricity costs are debited from the miner’s balance.

Freelancing

For designers, web developers, copywriters and people with other talents that allow them to earn money online, the best option is freelancing platforms where you can earn bitcoins online without investment. Cryptocurrencies are in great demand today, so it’s quite easy to find people willing to pay for any work in BTC. Knowledge of English is welcome to greatly increase the chances of successful cooperation.

Examples of popular freelance platforms with the opportunity to earn Bitcoin:

1. BitGigs. The site has several categories - tasks related to video, graphics, entertainment, programming, audio, technology, advertising. You can either provide services and receive bitcoins for it, or find a contractor for your needs. There are quite a lot of tasks, on average 100–200 in each category, so there is plenty to choose from.

2. Boontech. This is a blockchain-based freelance exchange. Entrepreneurs and freelancers meet here to facilitate work interactions that include cryptocurrency rewards. Moreover, this project allows not only the contractor to receive a reward for his work, but also the employer for using the platform. Tasks are divided into 15 categories - from writing content for websites to marketing.

3. FreelanceForCoins. Allows freelancers to earn Bitcoin, Ethereum and other cryptocurrencies. The site is a convenient marketplace that includes a chat and an advertising platform. The payment goes directly from the employer to the freelancer; FreelanceForCoins does not provide escrow services and does not act as a mediator in disputes.

Advantages and disadvantages

Pros:

• An opportunity to earn money on your knowledge and skills.
• Almost unlimited possibilities for the amount of earnings, it all depends on the type of work and the generosity of the customer.
• A large selection of platforms that support payments in both BTC and altcoins.
• Constant demand for outsourcing services on the Internet.

Minuses:

• Volatility of cryptocurrencies. Everything that has been earned through back-breaking labor can depreciate in a few days if the Bitcoin exchange rate falls.
• Blockchain payments are not instantaneous. This can be inconvenient if you need money urgently or if there are concerns about whether the chosen platform is operating fairly.

Conclusion

On average, there are 30-40% of freelancers in the world, which means more and more work is being outsourced. This is convenient for everyone - employers who do not need to keep an employee on staff, and ordinary people who can earn money without leaving home. This area will definitely grow and expand. English-speaking freelance exchanges pay quite decently, so that you can ensure a comfortable life for yourself if you have the appropriate skills. But this can also become a part-time option, an alternative to investing real money in cryptocurrencies.

Investments

The main goal of investing in cryptocurrency is to develop a long-term strategy to maximize income.

Investing in Bitcoins can be done in the following ways:

1. By creating a Bitcoin wallet: Bitcoins are purchased through any trading platform in cash;
2. Purchasing a share in a specialized hedge fund;
3. Investing in Bitcoin mining.

Advantages of investing:

• Anonymity of all calculations;
• Decentralization: cryptocurrency is created by miners, there is no government regulation and commissions for transfers of funds;
• Limited number of issued bitcoins (21 million bitcoins)

To calculate the payback of a project, you can use Bitcoin calculators on the network, which, based on initial data, allow you to calculate the approximate payback period and the possible amount of profit received.

Trade

The option is considered the most difficult. Only experienced traders who understand how the market works, understand technical and fundamental analysis and other subtleties can invest in Bitcoin in this way and receive income.

Types of trade

There is far more than one type of BTC trading. Crypto exchanges are used as platforms for transactions. Most exchanges are focused on 1-2 types of trading.

Spot

EXMO exchange interface
The spot market is characterized by trading in financial instruments (in particular, cryptocurrencies) with the condition that the asset will be immediately transferred to the buyer. The exchange of funds is called delivery, and transactions and prices in such a market are also called spot.

The current price of Bitcoin is called the spot price. This is the price at which you can purchase cryptocurrency right now and on this exchange. The spot price is formed when buyers and sellers place their buy/sell orders. On highly liquid exchanges, the price therefore changes every second, while old orders are executed and new ones appear.

Futures

Bitcoin futures are a derivative financial instrument that can be described as a contract with the following conditions: the asset will be sold at a certain date in the future, but at the price that is currently available. During the creation of the contract, the price of the coin is fixed.

Futures are either “deliverable” or “settled”. Delivery is simpler - this means that if the purchase of Bitcoin at the current price in a month is agreed upon, then it will be so. And settlement futures do not imply any delivery at all. When the contract expires, profits and losses are recalculated between the participants, as a result of which they receive or lose funds.

Exchanges for trading perpetual futures contracts:

1. Bitmex.

   
   Bitcoin futures trading on Bitmex

2. Bybit.

   
   Bybit exchange

3. Binance.com.

   
   futures on Binance

Marginal

margin on Binance
Margin trading is the conclusion of exchange transactions using borrowed funds. Not entirely at their expense, but only with use, that is, in order to use this function, the trader must have a certain minimum amount of funds in his account and provide them as collateral.

Using margin gives a trader the opportunity to open positions for amounts much larger than he could with only his own assets. This type of trading is also called trading with leverage. Leverage is the ratio between a market participant’s own funds and the amount available to him to open a position. For example, if an exchange offers a leverage of 1:10, this means that you can trade volumes that are 10 times greater than the trader’s capital.

Earning money from faucets

One of the ways to get cryptocurrency without investing your own finances is to use Bitcoin faucets.

Bitcoin faucets are advertising sites. Initially created to increase interest in the new cryptocurrency, they are now used to promote goods and services.

The essence of faucets: owners of Internet portals display their advertisements (banners, etc.) on a specialized website. After registering (which is free), site visitors click on buttons that link to advertisers’ portals (depending on the faucet, these transitions appear every half hour or hour). Earning Bitcoin pennies (Satoshi) is based on the number of advertising banners viewed and the time of activity on the advertiser’s portal. Withdrawal of funds - to a Bitcoin wallet.

Partnership programs

It is beneficial for any Internet portal to attract as many investments as possible, so various affiliate programs are being developed, the essence of which is to obtain additional privileges when attracting new users.

Privilege:

• A certain percentage of the attracted user’s purchases is credited to the Bitcoin wallet;
• Advanced analytical data for trading on the Bitcoin exchange;

The more attracted users who register on the portal through referral links, the greater the income.

How to earn bitcoins on an Android phone or iPhone (iOS)

Today, quite a lot of mobile applications are being released for Android and iOS - from mining programs to games that allow you to earn Bitcoin on your mobile phone.

Selecting applications on Google Play:

Among them are games, exchanges, wallets. As for mining programs, it is irrational to use them. The device gets very hot and fails, while earnings are minimal due to the low power of the equipment.

Is it possible to earn bitcoins without investments?

Currently, Bitcoins are in great demand as the exchange rate for them is constantly increasing. The anonymity of transactions and the lack of legal regulation makes cryptocurrency increasingly popular. But is it possible to get bitcoins without investments?

For really big and fast earnings, investments are necessary. Home mining is gradually losing its relevance due to the increase in the capacity of the largest organizations, however, cloud mining is still capable of generating quite large profits.

Earning money without investments is possible, but it will take much more time: any online games or faucets set earnings rates in Satoshi (pennies) and you must constantly complete certain tasks in order to receive cryptocurrency in your wallet.

Why can't people earn money?

To be honest, at first people seemed to start joining the company, then new launches, cheap matrices, a fresh crowd and... This topic, like all the others, stopped.

Why is it always like this? People don't have self-motivation. They constantly need some clowns to persuade them to make money. We need some kind of promotion, rallies, webinars and other motivational circus.

Watch the video below:

Do you think you did NOT subscribe to this topic? And how, although there was NO such topic, it was a marketing ploy to show people HOW to make money, be it projects or just your own business online.

They have all stalled here too, because they are waiting for the usual things: a magic kick-off, a pill, the next guru and movement in messengers.

We said that we need to develop in this topic, because Bitcoin will grow 3 times, and eventually 7 times. And they could have made serious money even then.

But instead they went into matrix thrones, which both cost 15 kopecks and will continue to cost 15 kopecks. The throne has not changed at all over the last 5 years and will not change for another 5. Because there is nothing and no one behind it for it to change.

As a result, time was lost, but there are always emergency doors...

Purchasing goods and services

In some countries, Bitcoin is recognized as an official means of payment. Payments in bitcoins are accepted by such giants as Microsoft and Wikipedia. However, many companies refuse to accept payments in cryptocurrency due to its high volatility.

The technical side of the issue: payment for goods or services to a third party or organization is a transfer of personal funds from a Bitcoin wallet to the counterparty’s wallet. The seller creates a QR code, the buyer scans it and receives information about the amount required for payment, which is transferred through a special application.

ICO

This method of earning money is aimed primarily at companies that have recently started issuing their own cryptocurrency. ICO, or initial coin offering, is one of the modern crowdfunding tools that involves the use of cryptocurrency and ensures the effective attraction of funds into a developing project. A company that has announced an ICO is offering investors a portion of its newly released crypto coins in exchange for fiat money or, for example, Bitcoin.

Before starting an ICO, a company developing its own cryptocurrency publishes a document called White Paper, which is a detailed plan describing the project itself, its essence, the amount of funds that need to be collected, and what exactly it is for, how many of its own crypto coins have been issued, and what part of them will be sold.

Money for such projects is raised through special crowdfunding platforms using blockchain technology, which guarantees the anonymity and security of all transactions. A certain period of time is allotted for the collection, and if the required amount was collected on time, the funds are used for their intended purpose, that is, to finance the project. Otherwise, all money or bitcoins are returned to those who transferred them.

Withdrawal of funds

Since not all online stores accept payment in bitcoins, the question arises about withdrawing earned cryptocurrency.

There are several ways here:

Exchange:

• The owner of the wallet transfers bitcoins to an account on the exchange and sets the sale price;
• Receives funds for redeemed bitcoins;
• Withdraws the received money to your card.

Note! This method allows you to withdraw cryptocurrency at a favorable rate and with a small commission, but it will take time.

Exchangers: the owner of the funds transfers the resources to the wallet specified on the exchanger’s website, and the funds are credited to the card.

Note! A fast and convenient withdrawal method, however, there may be a high commission.

Transfer of bitcoins into electronic funds through payment systems: bitcoins are directly credited to the owner’s account in the payment system (for example, Web Money);

Selling to a third party for the required currency is the riskiest method, since it is impossible to cancel the transfer of cryptocurrency, and the money may not be transferred.

Investment

This method of earning Bitcoin involves long-term investment in cryptocurrency. BTC coins are valuable and useful. Understanding the potential impact of Bitcoin, it is not difficult to understand why investing in it could be a good idea.

However, as in any market, it is impossible to say for sure when the price of an asset will go up and when it will go down. During its existence, Bitcoin either grew, then fell at a rapid pace, or stabilized. These fluctuations depend on many factors, including news - for example, news about a change in the attitude of the government of a country towards cryptocurrencies has a strong impact.

BTC rate changes over the past 7 years:

To invest in Bitcoin, you can use any exchange or exchanger. For example, Matby. Perhaps the best online exchanger also includes a crypto wallet for reliable and secure storage of cryptocurrency. The service has been on the market for more than 6 years, has experienced no rise or fall in the price of Bitcoin and has many positive reviews. In addition to Bitcoin, the service supports Litecoin, Dash and Zcash. Official website: matbea.com.

Examples of wallets:

1. Blockchain A simple, convenient online service for storing private keys for accessing cryptocurrency.
2. Exodus. A downloadable application that allows you to securely store your keys on your own computer.
3. Ledger or Trezor. A hardware wallet is one of the safest options. Not connected to the Internet, while stored separately from the computer, so private keys are completely safe. And in case of loss of the device, a PIN code is provided.

Advantages and disadvantages

Pros:

• Potentially high profitability. Some experts predict that the value of 1 BTC will rise to $100,000 in the next few years.
• Growing interest in cryptocurrencies. No matter how much the authorities resist, Bitcoin and altcoins are increasingly penetrating people’s lives. It never hurts to have this powerful asset.
• Convenience, speed and security of online payments, including cross-border ones.

Minuses:

• Risks comparable to investing in stocks.
• Possible shortage of resources associated with limited currency issue.

Conclusion

It is impossible to say for sure whether it is possible to earn bitcoins by investing. Crypto investors can be divided into “Bitcoin evangelists”, who are convinced of the growth of the main cryptocurrency, even if this happens in a few years, and altcoin supporters, who see a lot of shortcomings in BTC and predict a collapse in the exchange rate. Difficulties are also created by numerous bans that the authorities of almost all countries continue to create. Nevertheless, the chances of Bitcoin growth in the coming years are still quite high.

How much can you earn 1 bitcoin?

All available ways to receive bitcoins without investments (faucets, games) offer earnings in indivisible units - satoshi.

There are 100,000,000 satoshis in 1 bitcoin.

It is very difficult to earn bitcoins quickly without investments. To get a lot of satoshi, you need to use several dozen faucets every day without breaks, spending almost all your time on this. Excellent internet speed is also necessary.

Cloud mining: since the block is distributed among the pool users depending on the investment, therefore, the more invested, the faster you can earn your bitcoins. With sufficient investment, you can earn a good income.

Arbitration

The way to earn Bitcoin through arbitrage is based on an ancient financial strategy: if an asset has a different price in two places, then you need to buy it in a cheaper place and sell it in a more expensive one, making a profit from it. The arbitrage method is sometimes called risk-free, but this is not entirely true: time delays can play a cruel joke. During the time required for the transfer, the arbitrage opportunity may disappear. With this in mind, the following basic strategies should be followed:

1. "Be ready". The point is to create a position that allows you to act as quickly as possible under any circumstances. For example, hold BTC and fiat stocks on multiple exchanges to capture arbitrage opportunities between them and not wait for transfers between accounts.
2. "Know where to look." The strategy involves monitoring the top of the order list on exchanges in order to find arbitrage opportunities there. And for a complete picture, you can look into the deeper part of this list.

Advantages and disadvantages

Pros:

• A fairly easy method of earning money, accessible even to beginners.
• Minimal risk.
• A useful tool for understanding trading principles.

Minuses:

• It is necessary to take into account the costs of commissions from each site.
• The method requires a lot of dedication, especially with the tightening of conditions on exchanges, the introduction of identity checks and lengthy withdrawals of funds.

Conclusion

Some arbitrage opportunities, indeed, used to be a “gold mine”, but today the popularity of this method has significantly decreased. The return is too small considering how many actions you have to perform and what deep analysis you have to conduct every minute. However, arbitrage does not have a number of risks inherent in other methods of earning Bitcoin, and therefore deserves attention.