Bitcoin has played an important role in making millionaires who were nothing before. People trade, hold, buy, transact coins and do a lot with these coins.
Are you interested in earning bitcoins? Here we will talk about different ways via which you can earn free Bitcoins without any Investment
- Earn Bitcoins from Mining
One of the ways to generate Bitcoins is Bitcoin Mining. This is the process in which miners use powerful computers to solve complex mathematical problems. When they crack the code, they’re rewarded with newly-minted BTC. It’s basically a race to see who can solve the block the fastest and those lucky enough to do so reap the rewards.
Bitcoin mining is expensive and hardware intense. With this, there are some who supply computing power to the pool, and thus, Bitcoins are earned by them without having to build their own big mining frame.
To give yourself a fighting chance, you can join Bitcoin mining pools or mining clouds. A Bitcoin mining pool is a collaborative group of miners who combine their computing power to solve complex mathematical problems faster. A Bitcoin mining cloud is similar, but instead, they use the cloud to connect their computing power. That way, they won’t have to install and run the hardware and related software directly. In either case, the miners’ fees paid from transactions and the newly-minted coin are split among the people in the group.
Many cryptocurrency exchanges offer bitcoin affiliate programs. These programs require you to join them and then promote their services. The services are promoted by inviting friends and sharing on social media platforms. The person can either run his ad campaign as well.
In this way, every sign up by any person would let him earn free bitcoins. If the friend refers it further then along with him you also get passive commission and this is called Tiered Referral System.
Promoting projects and Earning Bounties
Bounty is another way to earn. It provides you with platforms where the person can offer the skills they have. These skilled and competent persons are hired by the exchanges or the app developers. They can even remove errors from the apps and check for scams in the blockchain. These services will in return let them earn free bitcoins. These kinds of projects can also be promoted on social media platforms like Facebook, Twitter, and many others. These promotions would benefit in earning plenty of free coins.
Dapp and Article writing
The dapps hire the person for having skills in managing blockchain errors. These services would in turn reward that person with bitcoins. Moreover, people are also rewarded by writing articles on bitcoins and any of the crypto projects. It is very simple and people are fond of writing articles. It is their passion and which leads to free coins.