Important clarification: if you want to mine cryptocurrencies, but you don’t have ASIC miners, this is not a problem. We recommend joining the 2Miners pool, where you can mine coins even with one video card. The pool has a large number of supported cryptocurrencies and clear instructions. You can figure it out even without experience.
In the world of cryptocurrencies, everything changes very quickly: rates, difficulty of coin mining, new algorithms. To simplify the calculations, we will start from the fact that the rate of cryptocurrencies is unchanged, and the mining of Bitcoin and Ethereum will never end. Let us recall that, for example, the creator of Ethereum, Vitalik Buterin, wants to switch from PoW to PoS, after which it will not be possible to mine Ethereum on video cards, and transactions will be confirmed through the so-called node staking. The developers have been wanting to change the algorithm for several years now, but they still haven’t done it.
Let's consider three options for earning the coveted whole Bitcoin. The first one will be simpler, and the other two will be directly about mining and with calculations.
The same Bitcoin
Earning cryptocurrency through arbitrage
Traffic arbitrage means that you will earn cryptocurrency on a % of the attracted client. In the crypto world, it is popular to attract referrals to exchanges or related services for trading cryptocurrencies.
Exchanges that earn huge commissions from the transactions of traders trading on them are eager to share profits with their partners. To start earning money, you need to register on the selected exchange, here we did a complete analysis of popular exchanges, and find a section with an affiliate program. The main advantage of the method is that how much you will earn bitcoins on the machine depends on your efforts, i.e. in passive mode.
I will provide a table with offers from two popular platforms Bitmex and Binance
Bitmex | Binance | |
Commissions from a trade transaction of an attracted trader | up to 20% upon reaching trading volumes of attracted traders | up to 40% subject to conditions |
Profit matrix depending on the amount of traders' transactions: > 0 XBT = 10% > 1,000 XBT = 15% > 10,000 XBT = 20% | Add. condition - your exchange account must have more than 500 BNB cryptocurrencies |
Let's look at the pros and cons of making money through arbitrage:
Pros:
- The ability to earn bitcoins automatically (passive mode)
- There are no restrictions on the amount earned
- You can start without having initial capital
- No advanced trading skills required
Minuses:
- It will take time to study the principles of operation of exchanges, ways to attract an audience, SMM/SEO
- The first profit may not come immediately
- Low risks
Thus, arbitrage is profitable in terms of the ratio of risk and profit.
Get a 10% discount on trading fees on Binance using the code “ CRYPTOSLIVA ” or by registering using this link
How to earn cryptocurrency from airdrops
An airdrop is a way to promote a project by distributing free coins or tokens before the launch of an ICO in order to attract attention.
When a project first starts, it has some kind of goal or task. And here the first question arises: “How will it come to the attention of investors and traders?” To solve this problem, airdrops came to cryptocurrency. I’ll leave a link where you can find out what airdrop is in more detail.
pros:
- No initial investment
- A lot of possibilities
Minuses:
- Long term wait
- Tokens may become worthless
- Many scam projects
The project distributes free tokens to the community in exchange for people spreading information about the project on social networks such as Twitter and Reddit, or joining the Telegram channel. You must write a blog or post about the project to get some free tokens.
You can earn a lot through airdrops. For example, you receive several tokens through an airdrop and keep them in your wallet. When tokens increase in value in the cryptocurrency market, the price value of the tokens stored in your wallet also increases.
You can join any airdrop by completing small tasks.
There are several websites where you can find information about the latest airdrops, the number of tokens they are giving away, and what these projects are.
- Airdrops.io - A list of the latest airdrops on the market. Although, this is one of the best airdrop websites, but in my experience, they add a lot of scams to the list. The Airdrops.io platform charges a fee to be added to their site, so any project with a little money can appear on airdrops.io
- Airdropalert.com is one of the first airdrop alert websites.
In the past, the quality of the site was very good, but then they started adding paid airdrops, the quality of which is deteriorating day by day.
The disadvantage of earning cryptocurrency through airdrops is that it will take a long time to store the tokens in your wallet, and also that your tokens may not be worth anything if the project fails.
Arbitrage trading
This is a separate area of the market. There are practically no risks here, subject to constant transactions. And if we talk about technical terms, then of course there may be some failures, however, as elsewhere.
At the moment, this method is not in demand; it’s all about the large number of traders. They have eclipsed the market and therefore it is simply impossible to make a transaction.
Everyone can understand the essence of arbitration. The main task of an experienced trader is the following: to bring together a seller and a buyer, where the first is ready to sell cheaper and the second to buy more expensive. The difference between these amounts is where the entire income is formed. There is no direct dependence on market behavior. Therefore, you can safely make transactions, since the trader is already confident in advance of a positive result.
Arbitrations are moving the cryptocurrency market towards centralization, which is very important. They also form and promote liquidity in the market (the ability of assets to be sold at a market price in a short period of time).
Earning cryptocurrency by blogging on Steemit
Steemit is a social network that will give you a lot of money in the form of cryptocurrency. It is based on blockchain technology. On this site you can earn Steem cryptocurrency for the popularity of your posts. The platform allows writers and bloggers to share their creative content and receive STEEM cryptocurrency for it
pros:
- Safety and reliability
- Earn money by blogging
- With promoted accounts you can earn extra money from advertising
Minuses:
- It takes time to gain an audience
- Not much income at the initial stage
Steemit is a product of the cryptocurrency startup Steem, which appeared in 2016 and is one of the most popular cryptocurrencies by market capitalization. Readers vote for your blogs, which is the source of your income. This means you need to put in a lot of work and time to build an audience and followers.
Social network Steemit
The first step to login to Steemit is to create an account. To do this, you click the “Register” button on the first page of the website.
There will be 2 options to register your account on Steemit:
- Free registration (will take a little time)
- Paid registration (access immediately after registration is completed)
If you do not want to create an account using the second method, you will have to wait 1-2 weeks.
The main problem of making money: half of the amount you earn will be added to Steem-power, which will be used to pay people who vote for your articles and blog posts. The other half will be available to you in the form of Steem cryptocurrency, which can be exchanged for Bitcoin on any exchanger.
kickasstrafic
On the Kickasstrafic resource you can start earning coins immediately after specifying your Bitcoin wallet. If you select FaucetHub to withdraw funds, coins will be transferred automatically. The interface is in English, but navigation is simple.
Free Bitcoins for visiting sites with Kickasstrafic com
Conditions for receiving satoshi:
- advertising viewing time – 10-15 seconds;
- number of available links – from 6;
- for one view – 0.00016-0.00008 coins;
- withdrawal to Bitcoin wallets, Electrum wallet, or MyCelium;
- The minimum withdrawal amount is 2,000,000 satoshi (0.02 bitcoin).
The referral program is traditional. All participants earn 30% of the funds of invited users. But links to advertisements may not be updated for a long time, which seriously slows down the process.
You must visit the site at least once every 30 days. Otherwise, the account will be considered inactive and will be automatically blocked.
Earning bitcoins from bounty programs
In simple words, the meaning of a bounty is to provide rewards for completing certain tasks. Bounty programs become an integral part of the ICO campaign. These tasks include: blogging, posting on Twitter and Facebook, and participating in a subscription campaign on the BitcoinTalk forum. In return, you will receive project tokens.
The main goal of bounty programs is to increase awareness and awareness among traders and investors about the cryptocurrency project and create a powerful community.
Pros:
- There is a step-by-step guide for making money
- You can make a good profit
Minuses:
- Difficulty of work
- Tokens may become worthless if the project fails
- Many fraudulent projects
There are two types of bounty programs: 1 - bounty program before the ICO, 2 - bounty program after the ICO.
- In the bounty program before the ICO , the primary task is to disseminate information about the project in the cryptocurrency field through social networks.
- The bounty program before the ICO includes: translation of project documentation into other languages in order to increase the audience and improve the official website.
The question arises: “Where can you find the best bounty programs to earn Bitcoin?”
On BitcoinTalk, you can find bounty programs to earn cryptocurrency, which you can then exchange for Bitcoin.
There is a “bounty” section on the forum website, where you can choose one of the options. For example, here is one of them.
Bounty company of the FinWhaleX project
There is a certain division of the total reward for completing the relevant tasks. You can see what this division looks like in one direction or another.
Distribution of all rewards for the bounty program
You can write about the ICO on your Facebook account.
Bounty program for Facebook
There is a large community of people interested in ICOs on Twitter: you can post there if your account has a large number of followers.
Bounty program for Twitter
If you are good at writing articles and blog posts, then you can write a detailed review about the project and share it on your website, blog or any other recommended platform.
The problem with bounty programs is the same as with airdrops. Many projects turn out to be scams , and many simply do not pay anything for the bounty. Therefore, if you ever want to take part in a bounty program, first conduct a detailed analysis of the project.
Cryptocurrency copywriting
If you have the necessary knowledge, then it becomes possible to write articles for news sites, blogs and much more. All you need to write about is the cryptocurrency market, its changes, the rise or fall of Bitcoin.
Your income level depends on your ability to write quality material. It is much more profitable to work directly with the employer. If you do this through an exchange, the cost of your work will be much lower.
As in any business, professionals who love their work and do it quickly, efficiently and on time are valued here. Anyone can become this, the main thing is perseverance and patience. If you go this way, then you can already be sure of a good income.
Earn Bitcoin using a faucet
Faucet is a micro-earning process where you get rewarded for watching ads, completing easy tasks and completing captchas .
A Bitcoin faucet is a way to receive Bitcoins in very small amounts. The method is suitable for beginners who have just become acquainted with the world of cryptocurrencies.
Pros:
- No initial investment
- Small risk
Minuses:
- Small amounts of earnings
- Need to spend a lot of time
If you are looking for the most effective Bitcoin faucets, you should create an account on FaucetHub.
You will be offered a micro-wallet for storing small amounts of digital assets. Faucet Hub is designed for app owners, website owners, faucet users and faucet owners.
To start earning money with Faucet Hub, the first thing you need to do is register on the site.
Creating an account in Faucet Hub
You will find many Bitcoin faucets, as well as faucets for other cryptocurrencies. Select "Bitcoin" from the list to display its active faucets.
Bitcoin faucets on the Faucet Hub website
Below are examples of reliable “faucets” where you can earn Bitcoin by completing small tasks or playing games.
- Free bitcoin - Game “More Less” with the opportunity to earn cryptocurrency
- Bonus Bitcoin - Bitcoin faucet with payment in Satoshi
- Moon bitcoin - Another faucet that allows you to earn bitcoins by displaying advertising
The main disadvantage of this method is that it will earn you some BTC. On the other hand, you are wasting a lot of energy, your precious time, as well as the electricity that your computer uses to perform these minor tasks.
Back to the past: a little background
If we go back to 2022, then all the crypto sharks gathered on a cruise ship, discussing big plans and making predictions. It was then that a conversation took place in a close circle...
So, Daniel (the founder of several MLM companies that are still developing today) had a dialogue with Charlie Lee.
Charlie Lee is the creator of the crypto coin Lite Coin. It is in 5th place in cryptocurrencies.
“You will see Bitcoin costing at least $20,000 in 2022, and $100,000 by the end of 2023,” said Charlie Lee.
For your information : at that time Bitcoin was worth about $5,000.
“What about Litecoin?” asked Daniel.
“And Litecoin will be at least $1000,” Charlie answered.
Such forecasts made me think seriously... and then Daniel immediately founded another MLM company; at that time he already had 2.
Freedom Frenzy (freedom frenzy), where payment goes from participant to participant, bypassing the company, in bitcoins or litecoins at the dollar exchange rate.
We create our own “faucet” to earn cryptocurrency
Another way to make money from a faucet is to create your own faucet. You will need a website to facilitate issuing BTC. Either you develop it yourself or purchase it from another source.
You can start working in this direction, earning about $1000 per month. But this tedious job will consume your precious time.
You can also use Faucet Hub to advertise your faucet to reach more people and, as a result, attract more traffic to your project. You will earn income when the user views some advertisements (monetized using Google Adsense) or completes small tasks such as taking a survey or filling out a captcha.
To connect your faucet to the Faucet Hub site, you must click on “Activate manager” and then continue by completing the conditions.
Connecting your faucet to the Faucet Hub website
The faucet can bring you an impressive amount of Bitcoin, equivalent to $1,000 per month.
To get started, you must invest your funds to purchase a domain and pay for hosting services. After that, using Google's AdSense service, you add advertising to your faucet. The faucet owner will receive income when faucet users view ads or complete certain tasks.
Bonus
Honeygain is the world's first app that allows users to earn money by sharing their internet.
This is one of the passive income apps that helps you earn extra income by distributing your unused internet traffic. You install the app, leave it running in the background on your computer or smartphone while you spend time online, and that's it.
Honeygain is available for Windows and MacOS computers, and Android phones. You can connect more than two devices at the same time. On average, the price for 10 GB of traffic is $1. The average monthly income is around $20.
Unlike some other market research apps, they don't track your behavior and sell it to marketing companies. They use your internet connection to perform various search queries that interest their customers.
A common use case is search engine optimization research - they run queries on Google and other search engines from your devices to see what the results are.
Earn Bitcoin through the 'Coinbase Earn' project
Coinbase has launched a new project "CoinbaseEarn" to increase people's awareness of cryptocurrency and the technology behind it (blockchain). The platform’s website has video lessons in the form of courses about some cryptocurrencies.
Pros:
- Very easy tasks
- Earn while you study
Minuses:
- You have to wait a long time for your participation to be approved (except for users from the US and UK)
You can watch videos and do some small tasks. By completing these simple tasks, you can earn up to $50 worth of cryptocurrency, which is then converted into Bitcoin on any trading platform.
You just need to learn about cryptocurrency and in return you will receive a reward.
The first step is to create an account by clicking the "Get Started" button on the top right side of the Coinbase website.
You can watch video lessons about any cryptocurrency. For example, I would like to study the DAI cryptocurrency and get a reward for it.
Information about the DAI project on the CoinbaseEarn website
A list of lessons will open, each of which will take approximately 2-3 minutes.
Earning cryptocurrency through the CoinbaseEarn website is a safe way because Coinbase is a well-known cryptocurrency trading platform and there is no risk of fraud.
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...
Receiving cryptocurrency for using the browser
Brave is the first browser to reward you for viewing ads and visiting web pages. It uses blockchain technology to provide users with an open source browser with rewards that are paid in the Basic Attention Token (BAT) cryptocurrency.
Pros:
- Earn money by watching ads
- Data privacy
Minuses:
- You have to wait for the announcement
- Rewards in small amounts
If you want to earn money, you will have to watch the ads that the browser has chosen. This ad viewer will connect organizations and companies with people who are interested in these company and project advertisements.
The first step is to download the Brave browser on your desktop or smartphone.
To earn a Basic Attention Token (BAT), you will need to go to the Brave Rewards tab. On this page you need to enable advertising.
Brave Browser
Other browsers do not have strict policies for blocking online ads. Brave is the first to do this. It blocks all ads, cookies and any other trackers. All this makes it more secure and distinguishes it from any other browser.
Having earned BAT cryptocurrency, you can convert it to BTC on any exchanger that suits you.
We previously wrote about reliable cryptocurrency wallets
Btcclicks
The site is simple - register, view pages using links. After the amount has accumulated on the balance, a withdrawal is ordered. Earnings are accrued in mBTC (100,000 Satoshi or 0.00100000 BTC) - this is the name of the internal currency. One user owns one account.
Website btcclicks com – viewing ads for bitcoins
Earning conditions:
- viewing time – 20 seconds;
- for one video you are awarded from 0.00005 to 0.00028 mBTC;
- minimum withdrawal amount – 0.10000 mBTC;
- 7 – 10 links are available at a time, followed by an update;
- no withdrawal fees;
- withdrawal of funds – within 24 hours.
There are two types of accounts available for users – “Standard” and “Premium”. The second allows you to earn more, since premium members are paid 0.00011 mBTC per view. Premium membership costs 0.75600 mBTC for 3 months and doubles your earnings.
How to earn Bitcoin by freelancing
If you are creative enough and good at something, then you can offer your services and earn cryptocurrency by working as a freelancer. There are many sites on the Internet that will pay for your services with cryptocurrency (BTC). Here we list the most reliable and trustworthy platforms from which you can earn money as a freelancer.
pros
- Safe way
- There is an opportunity to make a career
Minuses
- You need to have certain skills
- In the beginning you will need to spend some time
BitcoinTalk
In addition to boosting your own brand and account, the BitcoinTalk forum is useful for advertising your services. All your potential freelance clients on this site use Bitcoin for payment. Let's say you have a Youtube channel, Facebook page, Twitter account or blog related to cryptocurrency. Then you can earn money by completing some tasks.
An example of a pumped up account on the Bitcointalk forum
For example, if you run your own blog, you can write a post about any cryptocurrency project as a blockchain freelancer.
Bitfortip
Bitfortip users can post various tasks, such as finding something on the Internet, etc. The customer determines a certain amount in BTC, and the participants respond and try to win this prize.
Provision of services
This area is very extensive, as it includes a large number of services. The main thing for you is to decide in which area you want to work and gradually acquire the necessary skills. The most popular and highly paid vacancies are: designer, blockchain developer, internet marketer, administrator, mining expert and the like.
Here, opportunities open up to work not only as a performer, but also as a manager and similar management vacancies. The main thing is to build a successful project that can be competitive.
Is it possible to earn Bitcoin through gambling?
Gambling is at the top of the ways to get free Bitcoin, but it is very risky. You can lose all your money or get rich thanks to the casino. If you want to test your luck, then this is the best way to make money quickly, without waiting.
There are many online casinos that offer you BTC gambling.
Pros:
- The only way to earn a lot of bitcoins quickly
- No effort or hard work
Minuses:
- HIGH RISKS
- There is a high chance of becoming a victim of fraud
- Initial capital required
Before playing, you need to check the reliability and security of the platform. You should beware of scams or any other deception. Therefore, do your analysis before getting involved with these magical games.
Here is a list of the 3 best and most popular gambling platforms:
1xbit.com
1xbit.com is one of the most interesting and fastest growing cryptocurrency gaming platforms at the moment. The project offers the widest selection of sporting events and bets on them. Plus, they undoubtedly have the highest odds on the market.
Fortune Jack
Fortune Jack is one of the secure and reliable online casinos on the Internet. The platform supports many cryptocurrencies such as Bitcoin, Litecoin, Dogecoin, etc.
Bitcasino
Bitcasino started operating in 2013 and is one of the oldest online casinos on the Internet. It is run by the government of Curacao, which makes it relatively fair. The casino offers 1,400 different types of games.
Cryptocurrency loan
This method can only be implemented by those who already have a certain amount of bitcoins. At the moment, more and more crypto projects are being developed that need investment. These are the types of sites that can provide lending services.
Of course, it doesn't come without risks. Some projects may not return money, so you should choose a client very carefully.
This method is only worthy of being mentioned. It will be difficult and dangerous for a beginner, so it is worth considering working in this area.
How to earn bitcoins from games
It's a common question among Bitcoin fans: "Can I get Bitcoin just by playing games?" - Yes, you can.
There are platforms where you can get up to 1 bitcoin by playing. This will be great news for those whose only leisure activity is gaming.
You can find hundreds of games that give free bitcoins, but the announced amount is unlikely to interest you.
Pros:
- Pay directly in BTC
- You can earn money by playing games
Minuses:
- Earning small amounts
- Not safe
Below is an example of the most common games that pay in bitcoins:
- Bitcoin Aliens - offers a variety of Bitcoin games for your choice, available on Google Play and the App Store. They claim to have given out around 1,090 BTC worth $7 million. This platform also gives out rewards in other cryptocurrencies besides Bitcoin.
- Bitstarz – Here you can play various categories of games such as slots, blackjack, roulette, video poker, live casino and many more on one platform.
- Bitcoin.com Cash Games - Play instantly without registration. You just need to save the URL before you leave the site, and then you can resume the game by simply pasting the saved URL. You can play on your smartphone by installing the Cash Games app.
Earn Bitcoin by trading
Many people believe that the easiest way to get cryptocurrency is to earn Bitcoin based on the price rate. In fact, this is a rather complex phenomenon, since prices on the market are volatile, the most successful traders in the race for the basics of trading did not sleep at night searching through various types of literature. Earning BTC through trading is a risk, but a risk that pays off. Having mastered the skill of a trader, you can provide for yourself for the rest of your life.
Pros:
- High profitability
- Lots of educational material, for example: how to choose a cryptocurrency exchange
Minuses:
- High risk
- You can get addicted
- Requires a high level of training
- Initial capital required
The entire process of making a profit is based on predicting the price of an asset. To trade Bitcoin, it can be obtained from anywhere in the world. You can exchange your fiat for bitcoin through exchanges.
TOP 10 Most fatal mistakes in trading and tips on how to avoid them
There are many exchanges where you can buy BTC with fiat. These exchangers are listed on the CoinMarketCap website. You can find a suitable exchanger based on your geographic location.
This method of earning cryptocurrency is one of the riskiest, since you cannot accurately predict the price of Bitcoin in the coming days.
Cloud mining
One of the simplest and most acceptable ways to earn money is cloud mining. The main feature of this type of mining is the use of service power. There is no need to purchase powerful and expensive equipment. You simply buy a subscription to the service and the necessary power, which is mainly measured in hashes and megahashes. After which, cryptocurrency mining begins.
The main advantage of cloud mining is saving money. Since it is much cheaper to buy an account than to collect powerful farms worth more than $5,000.
Just as there are factories for the extraction of natural resources, cloud projects serve as production facilities for the extraction of cryptocurrency. This method is suitable for absolutely everyone and does not require any skills.
To get started, you need to do the following:
- Choose a service that suits your requirements
- Register
- Top up your account
- Select the mined currency, in our case Bitcoin, and the tariff at which mining will be carried out
After these steps, you can hope for passive automatic income. The main thing you should pay attention to when choosing a project is the reliability and reliability of the service. You shouldn’t pay attention to a large percentage; often these are just another trick of scammers. Reviews and overall popularity of the project will help in choosing.
This method can be used by those who are familiar with the question: how to earn bitcoins at home? When working remotely, you can monitor all processes thanks to the Internet.