Steve says there's no free lunch but here's some ways to earn snacks!

in #altcoinbuzz7 years ago (edited)

There are many things that you can do to earn cryptocurrency, but none of them are particularly easy. Some are downright not even profitable, and others are a waste of time.

Here are some activities that you can do for fun as a hobby in your spare time if you would like to experiment with earning some bitcoin, alt coins, and crypto for yourself.

  1. Mining / CPU Mining / Cloud Mining
  2. Staking Your Coins / Masternodes / Proof of Stake
  3. Get friends to sign-up with Referral Codes
  4. Faucets (waste of time)

You can buy Bitcoin, Ethereum, Litecoin, and Bitcoin Cash here: https://www.coinbase.com/join/59b058e...

You can sign up for Minergate here: https://minergate.com/a/a9be89fad3662...

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I am on this faucet mining website eobot. Is there better option out there?

Kucoin is down drom $20 to $8 and it is a very good buy opportunity. They pay just for keeping the KCS in there.

i am also in eobot. not really a faucet per say but has one in the platform. eobot is and ok cloud mining platform but has very high maintenance fees so not as profitable. if you have high gh/s you can make money but you will need to invest into it to see profit. i put $35 into it and get about 8 doge a day back. not great but if you compound what you make by reinvesting back into it, it can become profitable for you.

hope that helps

Initially I sent around 15 Dogecoin to see the transaction speed and it took one day to reach there. Do you withdraw from there? How is the experience?

i haven't withdrawn yet no. i reinvest everything
i make on it. yes it was super slow depositing so i would imagine it would be just as slow withdrawing. the minimums are fairly high as well. i currently have 1 th/s so i will be taking profit out soon to see exactly the timing

post on steemit?

That's what I was going to say. :)

hey steve. there are a couple ways to make crypto from faucets but like you said it doesn't pay that much. i have been working with https://coinpot.co for 3 weeks now. they have 7 different faucets that pay around $2 a day (btc, bch, ltc, dash and doge) if you have the time. you can also mine on a browser with them too. not going to make you rich but gets the beginners into crypto without putting a large effort in. its a great way to start making tiny amount of crypto. also no fees for withdrawing. great video and keep up the great work @altcoinbuzz

Your a good crypto currency reporter. Don’t stop.

I recently made a post about two different sites I use to earn some crypto. One is coinpot.co which in 3 weeks my balance is like 7 dollars ish.5E45CD51-A3AE-47F9-B824-CE9CBC6AF1D4.png and the other is earncrypto.co which you can pick from many different coins to earn from I do some surveys here and there to earn doge coin because of the low transaction fee of only 2 doge coins and the reliability. I have extracted about 300 doge which is not a lot but I use it to buy more steem power through block trades. Just some food for though.

Indeed, In today’s ever changing world. Internet is the way to make money. Keep up the good work.

Wouldn't POW mining be discouraged in the near future due to its high energy consumption? Etheruem Casper Protocol, green mining, etc. Will POS mining be the most effective by then?

all depends on your energy consumption. i mine for free because electricity is included in my rent. very profitable right now. hoping they don't find out.

there are tons of ways to produce cheaper power. i have a friend who uses a mini hydro dam in a river to power and cool his miners. also wind power or solar would be cheaper in the long run if you can get over initial costs. i also cloud mine with 3 different companies. passive income is the way to go in 2018. hope that helps

Thanks for sharing! Unfortunately, I have to pay my electricity bill separately and I do not live beside a river.

You can get free coins on this airdrop only with twitter account https://genesis.msp.cx/sen/r/PAOjTD

Good video Steve! Sharing this to my discord channel for good content. I totally forgot about faucets but like you said it depends on what your doing with them and what your time is worth.

Thoughts on hashflare?

I disagree with Steve on the faucet sites being a waste of time. If anyone is interested in seeing how I am putting together a portfolio starting with $0 and running it up, check out my videos. The links to join multiple easy to use faucet sites are listed on each video. I am documenting my journey in the Free Crypto Run-Up Lounge, proving that even the financially challenged crypto enthusiasts can earn, learn & grow!

Very comprehensive list, as I cannot think of any other ways to obtain "free" crypto. Referrals are perhaps the most lucrative, but mining can also be profitable if the right equipment is obtained or even cloud mining.

Doug Polk does not hate you. Crypto world loves the Altcoin Buzz team

im honestly soo happy, that ur now making here good money - for the incredible value you give to us :)

Can you guys look into hashgraph...there is internet hype that it may replace blockchain technology. It would be great if you guys could check it out and give your opinion on it.

Lol Free Snack For Everyone!!

Welcome to Steemit, I love your shows on Youtube and they are extremely​ helpful when teaching crypto to the community here in Atlanta. Thanks for all that you do.

Awesome video. thanks for the tutorial on staking. I have heard about that but not sure what todo exactly. Minergate stuff was interesting as well. I currently am in Bitclub mining which I like so far. Maybe you want to check it out for your curiosity. Here is my referral link: http://www.bitclub.network/oconmx22