Free Bitcoin Mining Without Investment
The evolution of cryptocurrencies in the last decade has brought to life a veritable financial revolution. Cryptocurrencies have amply demonstrated their value, and the crypto market is going to further develop towards the mainstream acceptance and massive expansion. Among the tangible advantages cryptocurrencies offer are:
- Easy electronic payments and transfers
- Virtually instant and low-cost transactions
- No need to involve third parties
As Bitcoin is the most wide-known cryptocurrency, we will focus on earning Bitcoins in this article. If you are considering entering the crypto world but cannot afford sound investments, you should get a view of Bitcoin mining. This is the process of keeping records on the Bitcoin blockchain. The miners are assembling new transactions into blocks, which are then verified by nodes on the Bitcoin network. The miners ensure the authenticity of transactions and get incentives for this.
However, Bitcoin mining is astronomically expensive. The miners need to purchase high-priced hardware and cooling rigs, have a proper internet connection and pay giant bills for electricity. In addition, the mining process is very time-consuming. However, there is a viable solution.
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Use free Bitcoin Cloud mining sites
Cloud mining allows to mine Bitcoins remotely without considerable investments in specific hardware, as it is provided by third parties – hosts, who own hardware and sell the Cloud mining service. In this way, with Cloud mining websites you can start mining your Bitcoins without any spending.
Review the list of legitimate Bitcoin mining websites:
- Genesis Mining
This is one of the most trusted and reliable websites for Bitcoin Cloud mining, as well as one of the oldest surviving ones. They were launched in 2013 in Iceland, and since then collected an enormous number of users. This fast and well-managed software offers access to the small, medium, and large contracts, and mining starts immediately after signing the contract. As well, here deposit and withdrawal are remarkably easy. Another substantial benefit of Genesis Mining is their support service, which swiftly responds to all queries. However, the profitability of Genesis Mining is relatively low.
- HashFlare.io
This website was created by HashCoins in 2015. In a short time, they have come to be one of the largest providers of computing power for Cloud mining. This website features very fast servers, intuitive and easy to navigate interface, and informative dashboard. Moreover, HashFlare.io is one of the most profitable Cloud mining platforms. Among the disadvantages users mention lack of transparency and virtually nonexistent customer support.
- Absolutmining
The company was founded in 2017 by cryptocurrency professionals. They offer Bitcoin Cloud mining services through an easy-to-use and secure platform. This website pays off very well and provides the most elevated level of technology and infrastructure. In addition, Absolutmining has real-time mining monitoring and daily mining outputs.
Shop online and farm Bitcoins
Have you ever used cashback or rewards service while shopping? Today you can get your incentives in Bitcoin. This is a great way to start exploring the planet of cryptocurrencies with literally no risk. Another pleasant thing about Bitcoin rewards is that your digital currency may go up.
How does it work? To get started, you need a digital wallet. Next, you simply add an extension of Bitcoin rewards application to your browser, go shop in the partner stores, and earn Bitcoin when you checkout. The percentage of rewards is different from shop to shop, and it may vary from 1 to 10% of your purchase.
Popular Bitcoin cashback services:
- Lolli
- CoinRebates
- Coinback
Become an affiliate marketer and earn Bitcoins for free
There are many companies on the web, who trade or exchange cryptocurrencies. Frequently they offer affiliate-networking programs, which can help you set up your passive Bitcoin income. After the registration, you get a unique URL and send it to your followers. Once your referrals click on the URL to register, you get the money.
Among the most popular websites, which offer affiliate marketing programs, are:
- LocalBitcoins
- Paxful
- CoinSwitch
Summing up
Bitcoins seem to represent a splendid future-proof investment, but quite an expensive one. Nevertheless, there are some practical ways to get your Bitcoins for free.
Cloud mining remains a hot topic for logical reasons. It seems to be the most attractive option for those who can’t afford or simply don’t want to make large investments into sophisticated hardware (GPUs, processors, motherboards, etc.). Online shopping can bring some Bitcoin incentives to your wallet. And, you can become an affiliate marketing partner of the crypto trading company, and get your money for attracting new customers. Try experimenting with these innovative ways of earning Bitcoins, and dip your toe into the crypto world.