Where can you earn bitcoins? How to earn bitcoins. How to earn Bitcoins without investment

Hello, dear readers of the blog site! In previous articles, we got acquainted with the most popular representative of the cryptocurrency empire - Bitcoin. If you don’t yet know what it is, then read the articles “Bitcoin - what is it” and “”.

The topic of today's material mining- a less profitable way of earning money than (but more profitable than), but much more popular and not as risky as way to replenish bitcoin wallets.

Bitcoin mining - what is it in simple words

Cryptocurrency is informational money that exists on the network due to the active operation of a certain algorithm (read). This can also be called cryptogold or a virtual analogue of gold. Like gold, the amount of cryptocurrency is strictly limited and can be obtained either by purchasing or by mining. The latter is called Mining.

The extraction of cryptocurrencies (and bitcoins in particular) is carried out by enumerating numbers, for each of which the so-called is calculated (it is also often used to check the integrity of data, for example, when downloading from the network). If it (the hash) matches a given pattern (for example, there will be so many zeros in front), then a new unit of cryptocurrency is released (in essence, it is mined).

The complexity of the template is set such that the probability of production corresponds to the plan (there is a plan until 2033 for Bitcoin). This difficulty is constantly adjusted so that the next coin is mined approximately once every ten minutes (at the same time, confirmation of all transactions made during this time takes place).

Over time, mining will only become more difficult. For each block (number found) miner receives reward. The greater the computing power of the system he uses, the higher the likelihood of receiving a reward.

For the algorithm to run successfully, a computer of enormous power is needed (GPU video cards that support a huge number of parallel pipelines are best suited for calculations). The popularity of bitcoins is constantly growing (as is the number of miners), which means the complexity of related information operations is increasing.

Mine alone now it’s practically pointless, because the probability of getting a coin is practically zero (life is not enough). Therefore, people unite in pools (of thousands of participants), which divide the reward received among all participants in proportion to the capacities they used. The reward here will be less, but it will be there.

Moreover, earnings from cryptocurrency mining, from 2008 to 2015, amounted to a total of more than two billion dollars (now this amount has probably already been significantly exceeded):

Mainin plays an irreplaceable role for cryptocurrency systems that need it (and there are already more than a thousand different ones, according to the service). It increases security by randomly selecting who will record the next transactions in the blockchain (this is done by the one who mined the next coin) and, in fact, ensures the storage of this very blockchain (chain of blocks).

In general, there is nowhere without it, and it is the consortium of miners that now, in fact, decides the fate of cryptocurrencies. As an example, the latest events around the Bitcoin fork and problems with high transaction fees. Miners benefit from high fees, although they may kill the whole idea of “virtual cash” in the bud.

Options for making money mining cryptocurrencies

Via a regular PC– you download a program to your computer, donate part of the power of your video card to the cryptocurrency calculation process (mining) and successfully make money just sitting at your computer and minding your own business.

In this case, no additional investments will be required from you, but you won’t be able to earn a lot of bitcoins this way.

Mining through special equipment– you buy an ASIC device (“special purpose integrated circuit”, if translated literally) and create a “farm” that actively works and brings you very large sums.

It goes without saying that in this case you will first have to spend a considerable amount of real money (from $1000 for everything) in order to start earning virtual money (cryptocurrency) on an industrial scale.

Recently they began to produce video cards specially designed for mining. There is nothing extra about them, just pure performance. Some of them don’t even have video outputs, because miners have no use for them.

Due to Bitcoin has gone up in price recently, cryptocurrency mining is gaining more and more popularity, because the costs of equipment and electricity are more than recouped. After a sharp rise to the top, it is in no hurry to descend.

Many on this wave are now seeking to invest in ASIC (and the powerful video cards used in it, often specialized), and services have also appeared for the provision of computing power.

For some people it will be a revelation that Cryptocurrency is not limited to Bitcoins alone: There are also litecoins, dodecoins, and so on and so forth. During the mining process, it is probably worth paying attention to new types of cryptocurrencies, since Bitcoin is already quite an outdated option.

An increasing number of people are making transactions with Bitcoin, and the maximum number of units of this information money is 21,000,000 - sooner or later the limit will be exhausted. It is, of course, necessary to analyze a number of indicators in order to make the right choice. There are special mining calculators, helping to make the right choice, for example, WhatToMine:

But it’s up to you to decide, but I’m just trying to briefly outline the current situation in the mining market and describe the emerging trends.

Cloud mining

As in many other areas of business, some processes are also possible in making money from cryptocurrency mining. You probably know that now, for example, no one hosts websites on their computers, but uses . It is cheaper, simpler, more reliable and more profitable, finally.

So why mine on your own hardware?? This is inconvenient in many ways. After all, you need to buy video cards or ASICs, configure, mount and place them in a suitable place, monitor and constantly monitor the performance, as well as the condition of this hardware and the situation for fire and other dangers. Really troublesome.

Therefore, they have been on the market for a long time. The company buys iron wholesale at a price significantly lower than the retail price (at which it will not be sold to you). It is placed in special rooms (data centers), where the costs of placement, cooling and surveillance are minimized. After that, they rent out part of the available power (or all of it) for mining.

Why don't they make money on this hardware themselves? Why don’t companies specializing, for example, in logistics handle the entire process (from production to sales)? Because by focusing on one thing you can achieve greater success and receive greater net profit while reducing risks. It's the same here.

Online services that provide cloud mining services have a stable income (by charging a fee for renting their equipment) regardless of how correct the mining strategy they have chosen. It’s like hosters who don’t care what kind of sites they host and how successful they are - as long as they get money for rent.

Therefore, the main criterion when choosing cloud mining will be the analysis of reviews about the service on the Internet. Please note that for every hundred “hoaxes” there are only a few actually working data centers with real mining equipment. And everything else is quickly dying scams, where you can make money, but the risk of losing everything without having time to withdraw money is always very high.

If you allow me, I'll bring mine list of cloud mining services for bitcoins and other cryptocurrencies, which you can trust (at least you can start your consideration of the topic with them). It is clear that the situation in this market is constantly changing and therefore your additions in the comments will be very appropriate.

I can’t cite other cloud mining services that more or less actually mine cryptocurrency, rather than building a pyramid. If you know, write in the comments.

Conclusion about making money from mining

The efficiency of mining is directly proportional to the power that you are willing to sacrifice to the resource in exchange for money. If we conduct a qualitative analysis, we can come to the conclusion that income is not very impressive, taking into account the cost of electricity and other parameters. Cloud services also have their own nuances and a lot depends on how much it all brings you.

Now, of course, the rise in cryptocurrency rates plays into the hands of miners. True, the prospects of Bitcoin and others, which are talked and written about a lot today, are not so unequivocally rosy: a large number of people are involved in the matter, therefore, the likelihood of this “bubble” depreciating is growing. However, time will tell. So far, everything is very tempting, because the value of cryptocurrency is growing by leaps and bounds.

Yes, I almost forgot, you can transfer your earnings to the currency you need or withdraw them to your account through the list of exchangers provided at the link:

If you have the time and desire to understand the intricacies of how crypto exchanges work, you can use the cryptocurrency you earn even more profitably here:

Good luck to you! See you soon on the pages of the blog site

How to register a wallet and start using cryptocurrency

Regardless of the chosen method of earning virtual money, any server will ask you to indicate the wallet number for accumulating the extracted amounts. The procedure for registering a Bitcoin wallet is simple and consists of the following steps:

Select an available method on the official website bitcoin.org.
Entering the required data.
Obtaining a secret access key.

After this, you can decide on the method of obtaining the coveted cryptocurrency and begin implementing the strategy.

Where to buy

You can buy cryptocurrency either on exchange services like BestChange or on exchanges like Exmo. As a rule, the commission on exchanges is minimal, so the purchase is more profitable. At the same time, it is possible to pay for the purchase in rubles, dollars and euros from a bank card or from one of the popular payment systems WebMoney, QIWI, etc. Next, the owner of the digital currency either begins to trade it here on the exchange, or withdraws it to his Bitcoin wallet to use for personal purposes - payment for services, etc.

Is it possible to earn bitcoins without investment using a computer?

The virtual space contains a sufficient number of resources offering to earn starting capital in cryptocurrency with absolutely no investment on the part of the “hunter”. The folk wisdom about free cheese is also true in this case, so you should not expect instant enrichment from this group of methods, since for performing certain actions the freelancer will receive one hundred millionth of a Bitcoin - Satoshi.

Bitcoin faucets

A Bitcoin faucet is a server with a free distribution in exchange for the user performing certain actions - entering a captcha, watching videos and other simple actions, which, however, take time. All you need to do is register on such a site and follow the instructions.

The essence of the actions using the AdBTC.top site as an example comes down to the following. After simple registration by specifying an email address, wallet and password, the user will have access to tasks for viewing (surfing) advertising sites. After clicking on the tab, you must keep it open until the timer expires (no more than a minute), payment varies from 20 to 110 satoshi per click.

Video: getting bitcoins for surfing

The advantages of this option for earning bitcoins:

- no investment;
- managing your time;

There is no income ceiling.

In exchange for this, you will have to sacrifice your personal time, and such options cannot be considered as the main income option - the daily income here is too small (maximum up to 0.015 bitcoins per month). You can increase it by playing in a casino or lottery, which exist on such Bitcoin faucets. Entry, as a rule, starts from several hundred satoshi.

Popular Bitcoin faucets:

adbtc.top;
Btcclicks.com;
Bonusbitcoin.co;
freebitco.in;
Cetobeto.com.

Automatic taps

To receive Satoshi without any action on the part of the PC owner, a number of sites offer installation of a certain application on the computer, which will bring the user shares of bitcoins automatically. The plus of complete freedom of personal time competes with the minus - meager earnings (no more than 0.5 bitcoins per month with the faucet website tab always open).

The essence of the actions using the example of the Moon Bitcoin website is simple: just indicate your Bitcoin wallet during registration and visit this page as often as possible (up to 180 satoshi is credited for every 20 minutes of an open tab).

The disadvantage of automatic faucets is the very low earnings - no more than 0.5 bitcoins per month

Popular automatic cranes include:

Moon Bitcoin;
Loo Tool;
SunBTC;
ChronoXcoin;
WeatherXcoin.

Online games to earn bitcoin

One of the types of faucet sites is online games that turn earning money into pleasure. The user performs game actions, trying to spend more time on the server, since payments occur for every 5-40 minutes of being in the game. On average, this option allows you to earn up to 0.01 bitcoins per month, subject to successful advancement through the levels or to the TOP of players.

So, in the PrimeDice online game you need to place bets and roll virtual dice - whoever has more wins. Initial capital in the form of 100 Satoshi is provided free of charge for 3 minutes of being in the game. The minimum amount for withdrawal is 0.004 bitcoins, and the speed of its accumulation depends on the luck and prudence of the player.

Everything is simple here: play and get income for it

You can try your hand at the following online games:

Stake;
PrimeDice;
ChopCoin;
SparkProfit;
CoinBravi;
BitKong;
FreeBitcoin.

Partnership programs

By attracting other users to register in the system and perform simple actions, you can receive rewards from their daily earnings. This principle of receiving additional income for the work of referrals you invite is the basis of affiliate programs. You can attract in different ways:

write a proposal to your friends and acquaintances on social networks;
post referral links on your blogs or social media pages.

After registering in the system using the user’s personal referral link, the “earners” attracted by him perform targeted actions on the site, and the system transfers to the one who attracted new adherents a percentage of the commission from the funds they earned. Thus, in the Fortune Jack Partners online casino affiliate program, these payments are 20–70% with the opportunity to receive another 2% from referrals attracted by your newcomer. Withdrawal of earned funds is available after accumulating 0.1 bitcoin.

In “affiliate programs” you can earn income by attracting participants

Affiliate programs differ in the type of target action, for example:

Fortune Jack Partners - online casino;
LinkShrink - shortening links and distributing them on the Internet;
Bitshrink - pay-per-click link shortening;
Edu-Profit - downloading abstracts, essays, dissertations, etc.;
Crypto-Loot - make money on your website traffic.

Since revenue is a percentage of the daily earnings of attracted users, it is not possible to determine the minimum or maximum income option per day, week, month.

How to earn bitcoins with minimal investment

Transactions with cryptocurrency

Although Bitcoin is a cryptocurrency, all the same operations as with real finance are possible for this electronic money: replenishing the balance, transferring between accounts, withdrawing funds, cashing out, exchanging, etc. To carry out all these transactions, it is enough to have a Bitcoin wallet and registration in any of the popular payment systems.

How to top up your wallet

You can top up your wallet by transferring cryptocurrency from your account

Replenishment of the wallet is carried out in one and only way - transfer of funds from another account opened in an online game, Bitcoin faucet, mining program, exchange, etc. As a rule, these systems carry out withdrawals automatically with a certain frequency: once a day, once a week, when a threshold amount is reached, etc. Replenishment is also available for transferring cash equivalent from a bank card or electronic wallet. There are no other options for a positive change in the balance of a crypto wallet yet.

Video: replenishing a Bitcoin wallet

How to make transactions

The transaction algorithm is quite simple and includes several steps

Making transactions to transfer funds from one Bitcoin wallet to another to pay for services, goods, or replenish the balance is not very difficult even for an inexperienced user. The algorithm includes several intuitive steps:

Go to the tab with the function of sending funds.
Selecting a sending method - for instant transfers the commission is 10 times higher, but does not exceed 0.0001 bitcoin.
Enter the recipient's wallet number.
Transaction confirmation.

Video: Viewing Transactions

How to withdraw funds and cash out

Withdrawal of bitcoins can be carried out to a bank card or electronic wallet of a payment system

To withdraw funds and cash them out, cryptocurrency must be exchanged at the rate of the exchanger or exchange for one of the real cash equivalents: rubles, dollars, euros, or other national currency. Funds are credited to the electronic wallet account in the payment system or the owner’s bank card. The further algorithm of actions depends on the chosen method:

for electronic payment systems, cashing out is carried out by withdrawal to a bank card or sending through an instant money transfer system;
For bank cards, just go to any ATM.

Video: cryptocurrency withdrawal

How to exchange bitcoins

You can exchange bitcoins through exchanges, forms and special exchangers

There are several ways to exchange bitcoins for a more mundane version of the cash equivalent:

Exchange. The main advantage is the minimum commission for exchange transactions, but it will take time to wait for the buyer. Reliable services require you to make a deposit and go through a verification procedure, and only after that they provide access to transactions, reducing the risk of fraud.
Exchanger. The main advantage is the immediacy of the transaction, but the service retains a commission for its services, the size of which depends on the exchange option.
Forum. Zero commission and instant exchange attract Bitcoin owners, but you never know whether there is a reliable person or a scammer on the other side.

Video: how to exchange cryptocurrency

Where to invest cryptocurrency

Bitcoin, like regular currency, can become a source of passive income in the form of dividends and interest on deposits. Among the most acceptable options are the following investment projects:

Funds and exchanges. The main risk is the high probability of meeting scammers on the other side of the screen, so choosing a fund or exchange for investing must be approached very responsibly and carefully. Preference should be given to foreign projects, although here too 100% of the deposit and withdrawal of more than 0.001 bitcoins should be considered as an ephemeral offer. In any case, you should not recklessly place all your accumulated funds in one place: it is wiser to check the reliability of the fund by opening a minimum deposit for a minimum period, and only then make a balanced and informed decision.
Conversion. After exchanging bitcoins into real money, they can be invested in the traditional way - buying shares of companies, trading on Forex, etc.
Investing in other cryptocurrency options. One of the investment options associated with entering the market and increasing profitability from new products in the digital world is Ripple, Stellar, EOS, etc. Some of them have earned the favor of banks and large companies that use them in calculations or for their own investment portfolio.

Regardless of the chosen investment method, one should not forget about diversification of funds as the most advantageous passive income strategy. By redistributing earned bitcoins between traditional and new sources of profit, you can significantly increase the chance of receiving the maximum amount of dividends.

Thus, everyone can find their own way to earn modern cryptocurrency. This can be investing, online games, Bitcoin faucets, mining, trading, etc. The choice, as a rule, depends on the financial capabilities of the user at the initial stage, the degree of his familiarity with Bitcoin and the goals of earning money - the main income or covering the minimum needs ( payment for mobile communications, internet, etc.).

With the growing popularity of mining as one of the options for making a profit (not the most reliable, but promising), many ways to earn bitcoins on iOS and Android phones without investment have appeared. The presence of modern smartphones, comparable in power to desktop PCs, allows you to receive a small amount of cryptocurrency at almost any time and throughout the day. Before you earn bitcoins on your phone, you should start and choose the appropriate method - using games, or completing tasks.

Ways to earn money

The principles of earning cryptocurrency on a phone differ from the methods used by ordinary miners. And, even if it is possible to mine using video cards by installing suitable software and practically not taking part in it, the smartphone owner will have to spend more time.

Among the options that allow you to earn bitcoins without investing on your phone, it is worth noting:

installation of a special bitcoin application;
registration on sites with so-called “faucets”, so named because of the dosed receipt of currency (money seems to drip);
performing various paid tasks for which satoshis (or other units) are awarded;
Online Games, in which withdrawal of earned funds is allowed.

Ways to get Bitcoin on an Android or iOS phone include using referral programs. But such a source of income can only be considered additional - you should not expect serious profits from it. Although the basic methods will not make you noticeably richer - compared to the usual the profit will be tens of times less.

Instructions for a beginner miner

Having figured out how to earn bitcoins at home using an Android, the smartphone owner performs the following steps:

Selects a cryptocurrency (Bitcoin is quite suitable for mining).
Registers a crypto wallet.
Reads reviews of applications and sites with which you plan to make a profit.
Downloads and installs a Bitcoin application for Android or registers on a service (including a gaming one).

Once you complete the preparation, you can earn coins. The complexity of the process depends on the option chosen. Sometimes applications for earning Satoshi require constant visiting, and in some cases they even allow you to enjoy the process.

Phone Mining Applications

In 2018, MinerGate is considered one of the most popular Bitcoin applications for iPhone and Android. The program is designed to receive Bitcoin on your phone and a number of other cryptocurrencies, from XMR to FCN. During the work process, the user receives statistics on the income received, which directly depends on the performance of the smartphone.

The list of programs is constantly updated. The most popular versions can be found on Google Play and the AppStore by searching for “Bitcoin app”. You can verify reliability and profitability using user reviews.

The disadvantage of any cryptocurrency application that works in automatic mode is the weak power to make serious profits. Therefore, they are rarely used, preferring taps. Income from the automatic program does not exceed a few rubles monthly.

Bitcoin faucets

A popular way to earn bitcoins on your Android involves using faucets - sites to receive funds on which you will have to enter a captcha or open the downloaded application. The main influence on how much bitcoins you can earn without investments is the frequency of logins to the program.

Some faucets require you to enter a certain amount into your account to start working. In most cases this is a scam. A list of popular faucets on the Internet will help you understand the possibilities of this method of earning money and not only not lose, but also earn money.

Freebitco.in is one of the best resources that provides earnings of several thousand satoshi;
Free Play – in it you can earn bitcoins on both iOS and Android phones by entering a captcha;
Multiply BTC is a roulette faucet where you can get satoshi by guessing the interval of the number generated by the application;
Freedoge.co.in is a way to earn Dogecoin cryptocurrency;
Moonbit.co.in – a resource with the ability to withdraw 45–50 satoshi every few minutes;
Btcclicks is one of the best sites for earning bitcoins on an iPhone (without investments), which requires viewing ads;
Greenbitco.in – a faucet with viewing various information;
Faucet.Bitcoinzebra – you can earn bitcoins on a phone running IOS and Android, which requires entering a captcha and provides a chance to receive a bonus (one-time doubling of profits);
Bitvisitor – faucet for viewing sites;
LandOfBitcoin is an application for earning bitcoins that provides earnings every 30-40 minutes.

The list changes periodically. The reasons for being included in the rating of the best are good conditions for receiving cryptocurrency and quick withdrawals. Faucets that stop paying out funds and reduce the amount of one-time income are removed from the top.

Online Games

Miners who want to earn bitcoins on an Android phone should try gaming apps. The profit from them is small, but the process is more interesting than using faucets. You can get Bitcoin on Android by playing simulators, logic and arcade games:

Bitcoin Crush – to earn money you need to solve puzzles;
Bitcoin Flapper is a game similar in principle to the previous one;
Blockchain Game – speed gameplay with a good prize;
Sarutobi is a game where the amount of time spent in it is important.

Each game requires you to reach a minimum amount to withdraw your earnings. The speed of receiving Bitcoin on a smartphone in this case depends on the player’s activity and the conditions of the application.

Other options

To receive bitcoins on iOS and Android, you can watch videos, visit websites, or write comments. For all actions you are awarded a small amount of coins. The amount of income depends on the complexity of the tasks.

By choosing such methods as how to earn bitcoins on your phone, you get a little. But there is less chance of encountering fraud compared to faucets and games.

conclusions

When starting to earn bitcoins on Android or iOS, you should be aware of the impossibility of making serious profits and the risks of encountering scammers. However, this option allows you to save on investments using a regular smartphone. And do mining anywhere. Minuses– quickly draining battery and strong heating of the smartphone.

Do you think it is possible to earn cryptocurrency on a phone, and even without investments? Or is it not worth wasting your time?

It took Bitcoin a little less than a decade from its inception before it became one of the most popular means of virtual transfers. There are many reasons for this: no transaction fees, anonymity, well-coordinated work and no critical flaws. Many users were attracted by the logical question of how to earn bitcoins.

The increase in capitalization, which by the spring of 2018 reached more than $450 billion, only increases people’s interest in cryptocurrency. At the same time, a considerable proportion of users are interested in the possible and real prospects of Bitcoin as a means of earning money.

Purchase and storage

If you don’t know how to start earning bitcoins, 7 ways start with this. Many people are skeptical about the idea of storing large amounts of cryptocurrency. For some, earning Bitcoin without investment quickly evokes associations with financial pyramids. Most users (especially at the beginning of the development of cryptocurrency) had similar thoughts for a reason. Often, bitcoin earnings turned into failure due to the fall in exchange rate. Others succeeded in joining the ranks of BTC holders in time and are now reaping the benefits. For them, making money on the Internet using Bitcoin has become a reality.

This method is not suitable for those who are interested in how to earn bitcoin without investment. In order to think about this method of self-sufficiency, it is enough to give a brief excursion into history. In 2009, the BTC rate was $1 per 1300 BTC. Currently (May 2018) the price of one military-technical vehicle is 8 thousand dollars. The growth of the exchange rate about two million times over 9 years demonstrates the unprecedented benefits of using a means of payment instead of deposits in banks. Here is the answer to the question of how to earn btc quickly without investments. And the question of how to get bitcoins does not arise so acutely. Hundreds of exchangers with a good reputation have been working with cryptocurrency for a long time.

Is the game worth the candle?

However, Bitcoin can sometimes lose its value. As often happens in a free market. Sometimes additional demand for shares, currency or any other asset arises due to existing demand. People want to buy something because they are already buying it - many want to earn bitcoins, quickly and a lot. This leads to a phenomenon that economists call "soap". The desire to take it significantly outstrips the real cost. And after some time, this leads to a sharp and sudden drop in price.

Something similar happened with Bitcoin:

In 2011, having risen to $31 apiece, the currency fell sharply to $10. The reason was a series of wallet hacks, which undermined user confidence.
In 2013, the price of Bitcoin fell from $266 to $109. The reason is the same “soap bubble”. Seeing the huge bitcoin earnings, users began to pour too much money into the cryptocurrency. The catalyst was the arrest of members of the Silk Road website, one of its largest consumers.
In the same year, the cost of 1 military vehicle soared first to 700, and then to 1 thousand and, finally, to 1200 dollars. But in 2013, Bitcoin had bad luck, because in December the Chinese government banned its use by law. Given that a huge portion of the trading took place on Chinese exchanges, this brought the price down to $600. For some, their dreams of making money with Bitcoin have been dashed.

Now cryptocurrency is experiencing a peak: in a number of countries it has already been recognized as a legal means of payment and businessmen have been allowed to use it to pay for services. A number of critics speak in this vein: if the Bitcoin exchange rate has already fallen so much three times, it may fall again.

But for those who want to invest their funds long-term, there are a number of counterarguments:

The platform has been around for a long time and all critical vulnerabilities have been fixed. Bitcoin virtual money: “how to make money?” and “how not to lose them?” – questions that no longer plague the Internet community.
Most countries have already expressed their loyalty to cryptocurrency. This opens up new possibilities for how to quickly earn Bitcoin.
Websites that were involved in illegal trade are mostly closed. This cleared the btc electronic money from its tarnished reputation. Both earning currency and selling it have become easier.
occurs with an eye on previous drops in the price of military-technical cooperation. Most traders already clearly understand how to make money on Bitcoin.

How to invest in bitcoins and is it worth it?

Of course, there are many disadvantages to such an investment. For example, it will be quite difficult to predict the profitability of such an operation. And at the right moment for withdrawal, the Bitcoin rate may creep down and you won’t be able to earn Bitcoin quickly this way.

But it’s foolish to deny: in the long term, storing your savings in the Bitcoin cryptocurrency is incredibly profitable and safe. Now not a single means of payment has even a fraction of the prospects as much as the Internet currency BTC: both earning and selling it will be easier over time.

Decentralization means that even as a result of a major crisis, Bitcoin will not disappear. But a bank deposit can. And if you compare the average yield of a means of payment compared to the modest 10% per annum that is given on foreign currency deposits. It becomes clear why BTC capitalization is growing so quickly.

Exchange trading

There is an answer to how to earn bitcoins on the Internet, and for lovers of trading on Forex and binary options exchanges, cryptocurrencies will also be a discovery - completely similar tools for trading and opportunities to earn money are available here. The most popular are:

about three dozen with less turnover.

The easiest way to make money is to search for exchanges where information about the fall (growth) is updated the fastest. With a delay of one to one and a half minutes, the user has time to “predict” the rate and make a transaction. Only the Bitcoin exchange provides this opportunity. It has become possible to both earn and spend a substantial amount without knowledge of trading and economics. At the same time, the user does not need to think about where to earn bitcoin.

Doing Business with Bitcoin

How can you make money on Bitcoin? Another simple way to earn cryptocurrency is to create any traditional type of business accepting btc as payment. There are a huge number of options here:

work for bitcoins;
exchange of cryptocurrency for standard means of payment;
earnings on bitcoin from creating a store;
implementation of transaction security in quality.

It’s worth noting right away: Bitcoin has not yet been accepted as a means of payment in the territory. In other CIS and European countries, the electronic currency bitcoin has been fully legalized. You can both earn and spend it in unlimited quantities. At the same time, exchanging btc for another currency in foreign exchangers, and only then for the ruble, is allowed and not punished - good advice for those interested in how to make money on bitcoin without investments.

Nowadays programmers most often use btc as payment. The minimal commission for transfers from anywhere in the world made the currency very interesting for them. Yes, you won’t be able to simply earn bitcoins without investments automatically from scratch - now the currency is already self-sufficient. And also in Europe, cafes gradually began to open that accept electronic currency - this is where you can earn bitcoins without investment and become a pioneer.

Bitcoin faucets

Bitcoin faucets are another quick way to earn bitcoins, which are an advertising platform with banners. The owner creates a simple game to make users stay on his site longer and generate more income. The resources themselves are divided into two main types:

actually, ;
rotators (sites that contain several links to faucets).

In addition to the reward and income itself, you can invite friends for performing simple actions and receive Bitcoin for it. Most sites of this type have a well-thought-out referral program. Only the use of bots and macros, as well as the use of ad blockers, is not allowed on them - earning bitcoin without investments is impossible on the machine. How to answer the question “?” It’s not good for making money, but faucets are a good way to top up your wallet for the first time.

There are also disadvantages: the withdrawal threshold is too high, earnings on the Internet of bitcoins without investments are returned no more than once a week (usually, there are also faucets with instant payout - moonbit). And the ratio of income to time spent is very low.

Entering captcha

To earn bitcoin without investments, you will need to enter the characters from the picture in a short time. A referral program is also supported - you can invite friends and acquaintances interested in earning coins. Any such site will ask you for a simple set of registration data before starting: email, password and wallet address.

Now this area is also experiencing stagnation: the amount of remuneration has fallen with the increase in the exchange rate, which does not allow you to earn enough money. Nevertheless, as a hobby, making money on Bitcoin without investing on a machine is not so bad.

Sweepstakes and poker rooms

It will not be a secret to many that similar services based on working with cryptocurrency have existed for a long time. Many players from traditional poker rooms have already switched to Bitcoin. In a number of countries, this type of earnings is officially prohibited and transfers to and from the accounts of such companies are blocked, which is impossible to do when using bitcoin. You can earn and spend the amount as you wish. With certain playing skills, master the still unoccupied and empty market, where the average level of players is much lower.

There are also disadvantages: given the youth of most of these projects. Clients of poker rooms may not be sufficiently developed. It is also worth noting that administrators do not hesitate to increase the commission for withdrawing Bitcoin to really serious (10–15% of the amount) values.

Mining

When talking about how to earn bitcoins, it is impossible not to mention. At its core, this process is renting out the computing power of your computer in exchange for free coins and a way to earn bitcoins quickly and a lot without investing on the machine (2018).

But at the moment, the complexity of creating new blocks has become so high that specialized chips for calculating hashes worth hundreds of dollars do not even cover the cost of electricity. Most miners have long switched to young cryptocurrencies (like ). It is no longer possible to earn btc on the same platform. Now it's either or.

How to earn bitcoins (video)

Results

The concept of a decentralized currency that works with accounts around the globe creates a huge number of new opportunities to make money. At the same time, traditional types of business available to the average person also function if the legislation allows the use of Bitcoin in your country. Another advantage of the platform: in Eastern Europe and Asia there are a large number of empty niches that have not yet been occupied by young entrepreneurs and companies. This is where you can make money.

Anatoly Shpakov

Master of Sports in Rugby. Fitness maniac. Travel blogger. Super dad.

Everyone around is talking about cryptocurrency, and many are probably jealous of those who once upon a time bought Bitcoin for $10 and are now in chocolate. There are people who think that they will have time to jump onto the last carriage of the “Cryptocurrency - Cloudless pension” train. Below I will talk about the most interesting and popular ways to make money on cryptocurrency, but it is not a fact that you will be able to increase your money.

1. Mining

Meaning: in simple terms, this is the extraction of cryptocurrency for a fee. You need to assemble a farm (a computer consisting of a dozen powerful video cards with special software) for the cryptocurrency you want to mine.

Pros: No.

Minuses:

Very high entry price.
Very long payback period for equipment.
You need to have a good understanding of technology and software.
Constant investment in farm upgrades.

Result: the pleasure is not cheap. It will take at least 1.5 million rubles to organize a more or less working farm that will generate income for you.

2. Cloud mining

Meaning: you buy power from other miners, but you don’t have the equipment yourself. Affordable mining for everyone.

Pros:

Low entry price.
Return on investment in 4–6 months on some cryptocurrencies.
You don't have to be tech savvy.
A variety of tariff plans for mining different cryptocurrencies.
You can mine several cryptocurrencies at the same time.

Minuses:

Additional electricity costs (in some tariff plans).
Commissions for withdrawal of cryptocurrency.
Withdrawal only in cryptocurrency.
The invested money is frozen for a year.
Probability of data center failure.
Risk of hacking by hackers.

Result: quite a risky instrument with a high return.

7. Analogue of trust management

Meaning: investing your money in a certain community of crypto brokers who use your funds to play on the stock exchange and share their income with you every day.

Pros:

Low entry price - $10.
Crazy profitability - 3.33% per day, or 100% per month.
The ability to withdraw interest in cryptocurrency or cash equivalent every day.
Daily interest accrual.

Minuses:

Personal account and all operations - only through Telegram.
Information about the project (its founders, etc.) is not disclosed.
You can only withdraw interest. Deposited funds cannot be withdrawn.
No verification other than linking Telegram to a phone number.
Perhaps this is a new financial pyramid like MMM, only on the cryptocurrency market.

Result: a very risky instrument, as there are signs of a pyramid.

Now there are many opportunities to make money on cryptocurrency, but all the ways are not as simple and safe as they seem. Assess the risks and your opportunities. And remember: the safest thing, as one famous character said, is to keep your money in a savings bank!