If you are thinking Mining as the only method to earn bitcoin on a regular basis, you need to think again. It is 2020 and there are various other methods that can help you leverage this high-value currency.
Mining demands deep pockets, as, like bitcoin, bitcoin mining has also skyrocketed. And of course, competition is heating up, as always. Besides, the days when mining was the only go-to method to get your hands-on bitcoin are gone. Like almost every other thing in life, you get a hack in here as well.
Thus, for all those who don’t wish to travel the miming-way and still earn in Bitcoins, I have enlisted 4 alternatives below:
- Add Bitcoin Payment in your existing mode of payment
This will prove to be an asset if you are already into eCommerce and online retail. You have got unlimited options to expect payments from your clients. My recommendation is to add another in the list, i.e. Bitcoins.
Yes, I know the online biggie Amazon doesn’t allow Bitcoin payments. But there are other online platforms that readily avail crypto payments which include names like, Overstock, Dish, eGifter, Newegg.
You see, bitcoin is not like any other online payments. It is way different. For instance, back in 2010, with 10K bitcoin, you could afford a couple of pizzas. But now, 10K bitcoin is worth USD 90+ Million!
- Sell services in return of Bitcoins
This point is quite similar to the first point but all of us do not really have products to offer. Some of us offer our skills or other services and work as freelancers.
When you have services to offer for short term gigs and one-time contracts, which include services like writing codes, data analytics, secretarial tasks, delivery, and graphic designing, you can ask the concerned department to pay you exclusively in Bitcoin.
You will find various online platforms that do that. For instance, Reddit and Coinality. People looking for freelancers are now a thing, are globally growing, and are here to stay. But yes, at the same time it is equally important to be careful when you pick up assignments as freelancers. Research about the firm, read reviews and call sources before you finalize the deal.
- Do simple online tasks
Well, if both the points mentioned above do not match your functioning, here’s your rescue to still earn in Bitcoins: Do some online tasks in return of Bitcoins. These online tasks include watching a video, viewing ads, visiting websites, doing surveys and referrals.
It neither requires special expertise, nor experience. Anyone and everyone can do it. You also get bitcoin in return for performing simple analytics and testing certain functions out. However, the downside here is, the amount is pretty less, and it will take you some time to reach a certain amount.
But, the kind of effort required to do these minuscule tasks is pretty less too. For those, who are blessed with writing skills, there are online platforms, in which you can write and post articles. The articles which are read and shared the most are paid with bitcoin in return. If you are good, visitors would even buy your content-piece, giving you bitcoin in return.
- Online casino gambling
This point is completely different from the rest of the others, as the others involved some form of work, but in this, you are just going to have a blast at a casino. Yes, that’s right, bitcoin casinos are a thing, and new players are offered bonuses in cryptocurrency.
But this is not the only reason why you must consider earning from online gambling. There is a list of other reasons as well. Online gambling is growing, along with the probability to earn more and more. However, since Bitcoin wallets offer maximum secrecy, it is another reason why gambling can play you well with Bitcoins.
PS: These are only a few, you can find more methods listed here.
Over to you…
21 million – that’s the maximum number of Bitcoins that are ever going to exist. Thus, if you wish to earn, you need to HURRY! Whether you wish to offer products or sell your services for bitcoin in return. Or, if you want to do the tiny online tasks, or take up gambling – the pick is yours. Irrespective of the kind, you need to make the most of the selected technique.