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Author Topic: [General] How to earn Bitcoins  (Read 119913 times)
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Morpheus_Exodus
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May 01, 2024, 03:47:39 PM
 #161

 Yes, it is possible to earn small amounts of Bitcoin for free through various apps and platforms on Android phones. These methods typically involve completing tasks, watching ads, answering surveys, or playing games that reward you with Bitcoin or other cryptocurrencies.

Husna QA
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May 07, 2024, 04:12:52 PM
 #162

Yes, it is possible to earn small amounts of Bitcoin for free through various apps and platforms on Android phones. These methods typically involve completing tasks, watching ads, answering surveys, or playing games that reward you with Bitcoin or other cryptocurrencies.

It seems that you mean above is getting a small amount of Bitcoin through a faucet.
Instead of getting Bitcoin, chances are you will get some risks from doing tasks on the faucet, such as malicious ads, etc.

FYI, there are several useful links that you can see in the OP's post on the first page of the thread. Some of them are educational links about the risks of faucets.

-snip-
We have also compiled a list of URL's that are useful to read or related to the items posted above:


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Wonder Work
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June 08, 2024, 04:55:08 AM
 #163

I am a newbie and have learned a lot from this forum. The best way to earn bitcoins is to mine Satoshi. I have willpower about this bitcoin mining. But it's costly, the machinery required, and the machines are expensive. I can't say whether it's possible, so I can't do it. Also, if there is any other less costly system, please share; I will try.

Cricktor
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June 08, 2024, 09:08:01 PM
 #164

You need extremely cheap energy or you won't get a return of investment for the gear, nor any positive profit.

What mining newbies often forget, mining difficulty usually rises more or less, which means your gear mines less coins because your hashrate stays constant while difficulty and global hashrate rises, unless you stack up which means, more investment, longer period for return of investment.

Forget about mining if you can only afford very few ASICs and don't have extremely cheap power for them.

If you don't believe me, DYOR and math! Here is a more sophisticated Bitcoin Mining Profit Calculator, use it wisely.

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Husna QA
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June 11, 2024, 11:43:24 PM
 #165

I am a newbie and have learned a lot from this forum. The best way to earn bitcoins is to mine Satoshi. I have willpower about this bitcoin mining. But it's costly, the machinery required, and the machines are expensive. I can't say whether it's possible, so I can't do it. Also, if there is any other less costly system, please share; I will try.

To profit from Mining, you need equipment such as ASICs that can produce a fairly high hash rate. It also impacts the hardware's price, including the cost of using electricity to operate it. You can use the following website to compare the value of several ASICs: https://www.asicminervalue.com/efficiency/sha-256.

There are many ways to earn Bitcoin apart from Mining. You can buy Bitcoin via exchange or P2P trading.


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SFR10
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June 12, 2024, 04:03:30 PM
 #166

The best way to earn bitcoins is to mine Satoshi.
...
Also, if there is any other less costly system, please share; I will try.
An alternative low-cost path would be to offer your paid services to the community in the "Services [assuming that you already have the skills or at least willing to learn something new]" board or in one of the following "freelancing platforms [I prefer not to vouch, so DYOR first]".

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synchronym
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July 12, 2024, 03:08:42 PM
 #167

I think if you are using bit coin just for some extra income and not really for  your regular job. I think it is better to start with faucet on your extra time or on the time when your are on your office and you have nothing to do. You can earn small amount of bit coin with out any expenses and it can also be a good past time. Other thing it is good to recruit others to claim in faucets because you will have referral commission it can make your earning bigger. But if you will use it to make a living, it won't work unless you have a million of referrals that is claiming everyday.
Additional income means that there are many people who choose Bitcoin as their source of income in addition to their job. But as with any business or job, if enough time and patience are invested in bitcoins, one can definitely earn enough profits from bitcoins that will help them financially. While investing in Bitcoin requires long-term planning, patience is very important. Many times we see bitcoin we lose patience we should not lose patience we should invest bitcoin patiently thus if we invest bitcoin we will definitely be one of the successful investors of bitcoin which will motivate us more to invest bitcoin.
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