My Method of Earning Bitcoin

[general223]

Hello all Bitcoin enthusiasts,

Over the past few months, I have been following an easy method I have taken time in creating, which involves using Bitcoin faucets to (over time) build up a large Satoshi pool which can be used to invest in cloud mining websites, completely free. This method takes time to start up, but once you get going, you will be earning a stable income that will pay off. I have created this Bitcointalk account to show everyone that cannot invest their money on Bitcoin how I have used this method to start off making money.

Sites used:
http://freebitco.in
http://freedoge.co.in
https://satoshinow.com
http://batblob.com
http://cloudbtc.site/freebtc/faucet
http://www.bitcoinvolcano.com
http://moonbit.co.in
http://moondoge.co.in
http://moonliteco.in
https://cldmine.com


How to use the sites:

To start off, we need to earn some Satoshi to invest with, and you can do that efficiently with these ten sites.

Two faucets I use are freebitco.in and freedoge.co.in. These two sites are very similar. Lets start off with freebitco.in:

Freebitco.in is a simple Bitcoin faucet with some interesting features; You can roll a number between 1-10000 every hour, and depending on the exchange rates of Bitcoin/other currencies, you will be given a certain amount of Satoshi. Here is the amount of Satoshi you can earn per roll as of 01/05/2016 (1st of May):

0 - 9885   0.00000885 BTC
9886 - 9985   0.00004425 BTC
9986 - 9993   0.00044249 BTC
9994 - 9997   0.00442488 BTC
9998 - 9999   0.04424877 BTC
10000   0.44248767 BTC

Alongside the basic function of the faucet, you also earn lottery tickets each time you roll, which can win you one of the ten winning amounts every week. The site also features a gambling game ('Multiply BTC'), weekly news, a referral program and Bitcoin statistics.

The next site which is very similar to freebitco.in is freedoge.co.in, which contains the exact same features, minus the lottery, where you earn Dogecoin instead of Bitcoin. Here are the winnings per roll:

0 - 9885   10.29 DOGE
9886 - 9985   51.44 DOGE
9986 - 9993   514.35 DOGE
9994 - 9997   5,143.50 DOGE
9998 - 9999   51,435.04 DOGE
10000   514,350.38 DOGE

BOTH SITES OFFER A 1 IN 10000 CHANCE OF EARNING $200 (£136.98) EVERY HOUR.

For the other three sites which are exactly the same apart from the currencies earned are moonbit.co.in, moondoge.co.in and moonliteco.in.

These three sites allow you to collect an amount of the currency that the site gives that is built up overtime every five minutes. The longer you wait to claim, the slower it builds up, but will still build up a lot. The three sites also have a daily loyalty bonus, which stacks by 1% each day (up to 100%), a referral bonus, which stacks by 1% each day (up to 100%)(also, alongside the % bonus, you will get a half of your referrals earnings each time they claim) and a mystery bonus, which is random for each time you claim (up to 100%). So adding up all the bonuses, you can earn 300% of your claim each hour with all the added bonuses, plus half of all your referral claims.

Another faucet is optional to use but a good investment of time if you have it. SatoshiNow is a high payout faucet that offers up to 3000 Satoshi every 10 minutes, which is a very good option for people that can claim at that frequency. The only problem is that the minimum withdraw amount it 0.012 BTC.

A new optional faucet I have added to the list is BatBlob, which is another simple faucet that is pretty much identical to SatoshiNow, it pays a decent amount but has a high minimum withdraw.

Two new faucets I have found are the CloudBTC faucet and the BitcoinVolcano faucet:
The CloudBTC faucet pays an average of 1010 Satoshi every hour as of 02/05/16 (2nd of May), and has a minimum withdraw limit of 30000 Satoshi, which isn't that hard to achieve.
The BitcoinVolcano faucet pays 200-5000 Satoshi every hour, with a minimum withdraw limit of 10,000 Satoshi, which should be easy to achieve. Both sites have decent referral programs.

The cloud mining site is CLDMine.com, which allows you to deposit a whole range of cryptocurrencies and exchange them into 'CLD', which is the sites own representation of mining power. The site allows you to use your deposit to cloud mine a range of cryptocurrencies (or mine more CLD (reinvest)). When you sign up, you will receive a free 1500 Dogecoin as a welcome bonus and 10 Dogecoin each day for logging in. The site also has a lottery and frequent news about the site. More about the site will be explained in the method.

The method:
1. What you will need to do is create accounts on CLDMine, which is simple. Once you have an account, transfer navigate to the 'Wallets for deposit and deposit update' section under the 'Finances' tab. For each cryptocurrency we will be using (Bitcoin, Dogecoin and Litecoin), create a deposit address for each one, by selecting each cryptocurrency tab and clicking 'Create deposit wallet'. You will also need to exchange all the given Dogecoin into CLD, and if the reinvest bar is set to something other than 0%, set it to 0%, then click the 'Mining' button next to the cryptocurrency you want to mine. Once you have got 3 cryptocurrency addresses, use them to sign up for the nine faucets, using the appropriate CLD deposit address (e.g. Bitcoin deposit address for freebitco.in and moonbit.co.in). All the 'Moon' faucet sites require only a deposit address to sing up with

2. Once you have created accounts for all the sites, simply claim your cryptocurrency, every hour preferably, until the weekend, when the faucets pay out! MAKE SURE YOU ENABLE AUTO-WITHDRAW FOR FREEBITCOIN AND FREEDOGECOIN, ALSO BE SURE YOU HAVE ENOUGH OF THE CURRENCY TO WITHDRAW, BECAUSE THE SITES HAVE A MINIMUM WITHDRAW POLICY

3. At the weekend (or Friday night), go to CLDMine and drag the reinvest bar to 50%, meaning that 50% of your earnings will be transferred into CLD, then keep checking throughout the weekend for payouts from the websites (you will know this because your balance on the site would have been reset to zero or the amount you just claimed). When the sites have paid out, navigate back to the 'Wallets for deposit and deposit update' and click the red 'Deposit made, refresh my balance' button. This will credit your balance for each cryptocurrency. When all the cryptocurrency is received, exchange it all into CLD.

4. When the weekend is over (or Sunday night), drag the reinvest bar the 0% and keep claiming from the faucets.

5. Repeat each step and after a while you will be earning a steady amount of daily income from the large amount of CLD you will have, remember that every day you will earn slightly more from the 'Moon' sites if you log in each day, and you may get lucky with the other two freebitcoin and freedogecoin and roll a very high number.

PLEASE NOTE THAT REFERRALS WILL INCREASE THE AMOUNT EARNED FROM THIS METHOD A LOT IF YOU KNOW PEOPLE YOU CAN REFER, AS POINTED OUT BY PEOPLE IN THE FEEDBACK SECTION.

I hope this method works out for everyone as good as it has me if you decide to invest your time into this  
I am happy about taking suggestions about other faucets or sites that can be integrated into the method, which I may add into this post if they fit into the method.
Feel free to ask questions , I will be very active on this forum

Kind regards - general223

[Doge dealer]

Clever.

[general223]

Clever.

Thank you

[Lucius]

Nice from you to decided to share your experience in ways of earning Bitcoin,but this is more or less well known.What you missed is to read rules of this forum,no referral links in post-it is not allowed.You can put referral link/links in your signature.

[shintosai]

Nice share mate giving full details for the community is this your own experience I have account from cldmine and I don't know this site is paying, do you have any proof? it is much better to show it up, those faucet that you also sited was a stable and good paying one, so I'm still collecting rewards from it, and the last reply was correct please removed/edit your post ref link is not allowed here mate, but all in all if you can show some proof I'll follow it.

[finrope]

This is a very good method for starters to generate coins slowly and consistently. This is a well known method since the cloud mining concept is created. I have seen some people turning their small amounts of satoshis into cloudmining sites and racking up their earnings.

[general223]

Nice from you to decided to share your experience in ways of earning Bitcoin,but this is more or less well known.What you missed is to read rules of this forum,no referral links in post-it is not allowed.You can put referral link/links in your signature.

Sorry, my mistake, I will edit them out immediately. Thank you for the feedback and sorry I missed that out.

[BitMaxz]

Nice methods and experience about your earning methods i think more people are doing this method but honestly this is waste of time..
Also i notice that you break our rules posting referral link is not allowed..

[general223]

Nice share mate giving full details for the community is this your own experience I have account from cldmine and I don't know this site is paying, do you have any proof? it is much better to show it up, those faucet that you also sited was a stable and good paying one, so I'm still collecting rewards from it, and the last reply was correct please removed/edit your post ref link is not allowed here mate, but all in all if you can show some proof I'll follow it.

Thanks for the feedback. CLDmine is legit from what I have done on it so far.

Proof of one withdraw - http://imgur.com/RzW2GFq

Hope I helped, ref links down

[general223]

This is a very good method for starters to generate coins slowly and consistently. This is a well known method since the cloud mining concept is created. I have seen some people turning their small amounts of satoshis into cloudmining sites and racking up their earnings.

Thanks for the feedback, the method will do exactly what you mentioned over time

[general223]

Nice methods and experience about your earning methods i think more people are doing this method but honestly this is waste of time..
Also i notice that you break our rules posting referral link is not allowed..

I know this method will not make much Bitcoin and many consider it a waste of time, but I just enjoy putting time into something and getting rewarded for it

Ref links have been removed, sorry for the trouble

[mrcash02]

Good explanation, but you can use more faucets to earn more with that (like faucets that pay 500-1000 satoshi per claim, instantly to faucetbox, of course). But you should know that CLDMine is a Ponzi, HYIP scheme and isn't mining anyhting... They are paying yet, but they can stop any moment and investors will lose all their investiment.

If you doubt me, search for RDPMain and look that design, it's the same CLDMine design and already turned into scam, many people lost money there, including me, I was starting with BTC world and trusted that believing they were legit.

[marlboroza]

Nice method, but i think every newbie is using this method, and so was I when i started with bitcoins. But few of sites you have there without refferals are complete waste of time,and second do you realize that dogecoin faucets are not worth a single second?
1 DOGE = 0.00000050 BTC and that's their price, so do some calculation

cheers

[general223]

Good explanation, but you can use more faucets to earn more with that (like faucets that pay 500-1000 satoshi per claim, instantly to faucetbox, of course). But you should know that CLDMine is a Ponzi, HYIP scheme and isn't mining anyhting... They are paying yet, but they can stop any moment and investors will lose all their investiment.

If you doubt me, search for RDPMain and look that design, it's the same CLDMine design and already turned into scam, many people lost money there, including me, I was starting with BTC world and trusted that believing they were legit.

Thanks for the feedback. I have heard of RDPMain actually, and I have lost my fair share of BTC using HYIP's, but this method requires zero investment and if they stop paying then nobody using this method will lose anything, and would have most likely have made money from this method.

As for the faucets, I am constantly editing this post with new faucet

[kwaasteniet]

Problem of this idea is that CLDmine propably a ponzi scheme is. Sooner or later will this implode and lost everybody his investment.

[angaper]

 Fortunately it is possible to find an increasing number of option to failure bitcoins,  and I think this is very positive because this way the bitcoin economía is continuously empowered, and this finally will bring more interested people to this economic revolution.

[general223]

Nice method, but i think every newbie is using this method, and so was I when i started with bitcoins. But few of sites you have there without refferals are complete waste of time,and second do you realize that dogecoin faucets are not worth a single second?
1 DOGE = 0.00000050 BTC and that's their price, so do some calculation

cheers

Thanks for the feedback. The method I made is what I have used to earn Bitcoin, I will never say it is the best way to earn Bitcoin, because it is not, I am only sharing my experience. Also, I end up exchanging the Dogecoin from the faucets to nearly the same amount of CLD each exchange, so even though one Dogecoin is worthless, the faucet that provides it makes it worthwhile in my opinion

By the way, what do you mean by some sites are without refferals? I don't know if you meant you need referrals to make it worth your time, or you didn't know they had referral programs. Anyway all the sites mentioned have referral programs if you missed that, and I have a decent amount of referrals (from my friends and others), so I guess if you can get referrals that will help a lot with earnings.

I will take your comment into consideration

[iulianbutanu]

how much do you get from moonbitco ? i'm getting just 100 at every 24 h with 22% daily loialty

[general223]

Problem of this idea is that CLDmine propably a ponzi scheme is. Sooner or later will this implode and lost everybody his investment.

Thanks for the feedback. I am aware of this issue, as I said here:

"I have heard of RDPMain actually, and I have lost my fair share of BTC using HYIP's, but this method requires zero investment and if they stop paying then nobody using this method will lose anything, and would have most likely have made money from this method."

[general223]

Fortunately it is possible to find an increasing number of option to failure bitcoins,  and I think this is very positive because this way the bitcoin economía is continuously empowered, and this finally will bring more interested people to this economic revolution.

I am very sorry, but I don't understand what you posted