How I started Making Coins with no money using CoinPot Cryptocurrency Microwallet, its Faucets and Genesis Mining

CoinPot is a cryptocurrency microwallet, designed to collect pay-outs from 5 faucets, combined with Coinhive mining using your browser and computer’s CPU. CoinPot supports 3 different currencies currently: Bitcoin, Dogecoin and Litecoin.

This is how I started – 1 month ago!

Getting Ready

1. Register a CoinPot account at http://coinpot.co.

2. Navigate to each Wallet on the dashboard, and select “Deposit” button.

For the first time, you must generate a new Address, which will provide you with your actual public Wallet address.

1. You are now ready to receive the 3 different currency coins, but be careful that you adhere to the deposit minimum amounts, otherwise you will lose your coin:

• BTC – Minimum deposit is 0.001 BTC ($ 5.00)
• DOGE – Minimum deposit is 1 DOGE ($ 0.001)
• LTC – Minimum deposit is 0.01 LTC ( $ 0.6)

Withdraw Fees:

• BTC – Cannot withdraw less than 0.0001 BTC(10 000 Satoshi), then 0.00001 BTC (1000 satoshi) if the withdrawal is less than 0.0005 BTC (50 000 satoshi), otherwise it is free.
• DOGE – Cannot withdraw less than 50 DOGE, No Fees
• LTC – Cannot withdraw less than 0.002 LTC, No Fees

Faucet Claims:

What is a Faucet? Faucets are websites that are plastered with adverts for you to view or click. You do not have to click on any advert, but you need to complete a Captcha to prove that you are indeed human, and then claim the amount of coin for visiting the page.

1. Start a browser with the following 5 Faucets, each on its own Tab:
   Please use my referral links below, you do not gain or lose anything for clicking my links.
   I’m explaining referrals a bit later under this section:

1. You do not have to do these faucets to frequently, but because this is your start, try and do them every hour for your first week or two. The Bonus Bitcoin Faucet can be done at least every 30 minutes – which should yield around the same satoshi as the other bitcoin faucets

2. On each faucet, gather your own referral links, and pass them to your friends, the more people that uses your referral links, you get a % of their claims. So this helps accumulating your coins.

CoinPot Mining:

CoinPot provides the ability to use your browser to mine for you with the CoinHive technology! Yes, you already use a computer and browser for your faucets, so why not keep another tab open and use your computer to mine some extra coin! (https://coinpot.co/mine/dogecoin/?ref=86AA3016C0A3)
You should be aware of the downsides of the mining technology:

1. It uses your CPU to mine, thus, do not set the settings to high, use Task Manager to monitor the mining and adjust your throttle settings so that the rest of your machine response is not affected. Always keep an eye on the performance monitors, as your machine will now be working harder than usual!
2. Only mine one type of coin per machine: because you use the same CPU, it does not benefit if you open 3 tabs, each for the separate coin types, as they will all 3 share the same CPU, and overall use the average mining capability. – Choose your coin type, and only mine the 1 coin.
3. If the mining tab is closed, or your computer is offline, the mining will not proceed.

Depending on the Hashes you mine, you will receive additional earnings around every 5 minutes. My machine mines at an average of 60 Hashes/second (H/s), and I receive earnings as follow:

CoinPot Conversions:

You are allowed to convert between the 3 wallets within CoinPot Dashboard and select a single coin to accumulate. No fee does not mean that you should not keep an eye on the current rates, as they are used when you do the conversion from one coin to the next.

Cloud Mining Services

Where I am after 1 Month:

In the beginning of this blog I mentioned that I started 1 month ago. So now you might want to know, how profitable is this really? Well, let me give you my 2cents:

Current Coinpot Balances:

My next step is to invest with Genesis-Mining (minimum is around 27k Dogecoin on Ether)

I will have to accumulate around 50-55k Dogecoin to make it worth while in order to receive yield on the investment.

So with NO MONEY, you could be at around $5 per week, and re-invest those again later on and increase your returns! Who knows where you can end up in a couple of years?

!!! What not to do !!!

I invested in the BitDoggy.top program, one of the few HYIP (high-yield investment programs) that works in DogeCoin. My balance should have had another 2000 Dogecoin, but i invested this in BitDoggy, and they closed down on the day that i made the transfer.

Scam or no Scam, be sure that you check where you invest, the Cloud mining locations provided above was tested and is working! Do not send people your coins if you are not 100% of the place you are sending them.

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I hope I have inspired some people with my blog, and gave an alternative view on the profitability of Dogecoins instead of the mainstream BTC and LTC!

Please remember to upvote my blog if you enjoyed the read!

Happy Mining, Collecting and Fauceting….

Dasgood!