Bitcoin is the most popular digital currency in the world today. There are almost as many ways to earn Bitcoin as there are ways to earn any other kind of money.
Bitcoin mining is the process by which new Bitcoins are generated. When you perform mining, your computer adds new Bitcoin transactions to the blockchain (a public ledger where all Bitcoin transactions are stored) and searches for new blocks. A block is a file that has the most recent Bitcoin transactions recorded in it. When your computer discovers a new block, you receive a certain number of Bitcoins.
Since bitcoin mining has become a hardware intense and therefore expensive process, most individual miners join a so-called mining pool. One of the mining pools you can connect to is MinerGate, for example. By providing computing power to their pool you can earn Bitcoins and other crypto-currencies from mining without the need to build your own big mining farm.
If you are searching for a simple way to earn Bitcoins online, you may try gambling. However, while it might seem to you as easy money, gaming has a number of risks which need to be taken into account. In the following article, we have outlined for you some websites worth checking out when trying out your luck: Bitcoin Gambling. We don’t guarantee that you win, which is why we strongly recommend you to play only if you have some initial capital to spend. On the other hand, who knows, maybe you will get lucky and multiply your crypto.
The safest way to make money with trading is through arbitrage. In short, this means that you see an opportunity to buy an asset in one place for a certain price and sell it immediately at another place for a higher price.
If you are just looking for a quick and easy way to get a small amount of bitcoin then faucets might be exactly what you are looking for. A faucet is just a website which gives free coins to every visitor. For example, Milli gives up to 1000 Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the 1000 prize every time for a full 24 hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for 24 hours of work.
Work for Bitcoin
Perhaps the easiest way for you to earn bitcoins is to work online or in real life for bitcoins. Because of the huge size of the bitcoin eco-system, a number of such opportunities and jobs are available. With Billions of dollars invested in Bitcoin by tens of thousands of people, there is a real market in Bitcoin, where you can find jobs for freelancers, software developers, writers, and others who get paid in bitcoins for their services.