How to earn passive income with your raspberry pi

[BTCLiz]

Neither is doing faucets.
Unless you automate it, which is cheating.

Since you are not from a poor country, you could just stop "earning" this money. You get the same amount of money in 6-10 months which you would earn in 1 hour in your job.
You could just let the people from poor countries (where 3$ per month actually is quite a lot of money) earn that. But that's just a personal opinion.

You are implicitly assuming that's it all about the money. That is not true for me personally. It just makes fun. I didn't mention that you get rich in 10 days or you that can quit your full-time job.

Especially for beginners it is a great way to start learning about BTC WITHOUT investing money.

[FatFork]

<snip>
Especially for beginners it is a great way to start learning about BTC WITHOUT investing money.

So is a job for which you will be paid in cryptocurrency! There is no easy way to make money, the same goes for crypto.
Time is what should be valued the most because we cannot bring it back. And faucets are a complete waste of your time...
 

[BTCLiz]

<snip>
Especially for beginners it is a great way to start learning about BTC WITHOUT investing money.

So is a job for which you will be paid in cryptocurrency! There is no easy way to make money, the same goes for crypto.
Time is what should be valued the most because we cannot bring it back. And faucets are a complete waste of your time...
 

As I mentioned in the OP [if you would read it] I recommend to automate it. Where did I tell that it is an easy way?

And of course you can take a job where you earn crypto as payment. Does it matter here?

[FatFork]

As I mentioned in the OP [if you would read it] I recommend to automate it. Where did I tell that it is an easy way?
<snip>

Of course I read your OP! I'm not some shitposter who randomly replies to posts without first reading them.

None of your methods are related to rasberry Pi hence the title of your post is, to say the least, misleading. Your post would make much more sense if you at least gave instructions for installing some staking wallets or LN node.

[Kakmakr]

This will be a nice way to experiment with the Raspberry Pi, but it is definitely not a good method to earn passive income that would be able to sustain you.

Let's take the CoinPot as an example : 1000 Sat/day = about 0.00365000 BTC per year, which is almost $32 worth at a Bitcoin price of close to $9000.    Now subtract the $10 used on electricity and you are left with $22 for the year. 

I would wash dishes in a restaurant for a day and make more than that in a few hours. The amount of hashing power generated by a Raspberry Pi is not enough to mine the majority of the Alt coins out there, so that is not an option anymore. (Where is the days, when you could still mine BTC with CPU's and GPU's)

In any ways, hobbyist will have some fun with this and who knows... one day someone might bring out some application that can utilize the Raspberry Pi hashing power to generate some real passive income for people. 

[UserU]

I would wash dishes in a restaurant for a day and make more than that in a few hours. The amount of hashing power generated by a Raspberry Pi is not enough to mine the majority of the Alt coins out there, so that is not an option anymore. (Where is the days, when you could still mine BTC with CPU's and GPU's)

In any ways, hobbyist will have some fun with this and who knows... one day someone might bring out some application that can utilize the Raspberry Pi hashing power to generate some real passive income for people.  

Shhh, don't ruin it for the OP. Basically any job would generate more Bitcoin in a day than leaving a Pi running for a year

But still, worth a try if you have one lying around.

[BTCLiz]

I would wash dishes in a restaurant for a day and make more than that in a few hours. The amount of hashing power generated by a Raspberry Pi is not enough to mine the majority of the Alt coins out there, so that is not an option anymore. (Where is the days, when you could still mine BTC with CPU's and GPU's)

In any ways, hobbyist will have some fun with this and who knows... one day someone might bring out some application that can utilize the Raspberry Pi hashing power to generate some real passive income for people.  

Shhh, don't ruin it for the OP. Basically any job would generate more Bitcoin in a day than leaving a Pi running for a year

But still, worth a try if you have one lying around.

Yes, sure. I would not recommend to buy a raspberry pi for this purpose. Actually using the Pi was my first experience with Linux and I appreciate this journey very much, because I learned many things about programming. I hope that this is the case for other members too.

Mining on the PI with the IDENA blockchain seems also possible. I will dig into this topic and add it in the near future if it works well.

[LeGaulois]

@Kakmakr
It's not supposed to replace a job, it targets people interested to earn extra bucks monthly during their spare time

@BTCLiz
If you know how to mine something that worths with a Raspberry PI please make a topic about it. I'm interested in considering the low energy it uses but I know nothing about

[BTCLiz]

@Kakmakr
It's not supposed to replace a job, it targets people interested to earn extra bucks monthly during their spare time

Exactly, at least someone understands my approach. Thank you.

@BTCLiz
If you know how to mine something that worths with a Raspberry PI please make a topic about it. I'm interested in considering the low energy it uses but I know nothing about

Definitely. I am playing around with IDENA on my Pi right now and I will let you know asap. I think there are some more opportunities. For a while I mined JSE coin on the Pi, unfortunately the project has closed its doors.  

[BTCLiz]

Coinpot added the feature that you earn free tickets for the lottery by playing the 0% house edge multiplier. Right now I am testing out how to automatically use them, because they are set to zero every day at midnight UTC.

[BTCLiz]

Update:

Sherpa Cash, a Privacy Coin on the Avalanche Blockchain, will launch in the next weeks. They are looking for so called relayers.

From their homepage:

Relayers provide a service to enhance anonymity by paying the gas on withdraw transactions

I asked in Discord if it also works with a Raspberry Pi 4 and this was confirmed to me. By the way, the relayers get the transaction fees as compensation. Maybe interesting for one or the other.

[BTCLiz]

Hi,

I would like to give an update: It seems that Freebitcoin stopped to give Rewards Points as a Rewards-Option. This of course reduces this option, but it is still possible to automate the claim feature on the platform.

[UserU]

Hey @BTCLiz, do you use those bandwidth lending apps to earn the passive income? Simply install, let them run and forget.

If you're fine with it, let me introduce some to you. I have been paid multiple times by them.

[BTCLiz]

Hey @BTCLiz, do you use those bandwidth lending apps to earn the passive income? Simply install, let them run and forget.

If you're fine with it, let me introduce some to you. I have been paid multiple times by them.

Hi, I think most of it is kind of scammy, but I'm open to it. Could you please PM me to introduce me to your idea? I am going to test it and maybe I will mention it here, if I think it's fine.

[UserU]

Hi, I think most of it is kind of scammy, but I'm open to it. Could you please PM me to introduce me to your idea? I am going to test it and maybe I will mention it here, if I think it's fine.

I used to be quite skeptical too, but they really do pay and you'd be surprised once you start using them! Here's a screenshot of one of the apps I use (sent via PM).



Since I'm not from the US/ UK/ EU, my incomes are mainly from referrals but they're really a great way to earn some pocket money while you sleep