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In this tutorial I'll present to you the easiest way to start earning and mining bitcoins.
To get started, you need to have a Bitcoin wallet, and even then there are several options.
The easiest option to have a wallet on the website XAPO.COM. I recommend this website because of the zero transaction fees.
Xapo is also offering faucets and mobile applications like Bitcoin Wonder Machine and Wheel of Bitcoins which you can install and receive earned amounts of bitcoins directly in your wallet
What is a Bitcoin Faucet?
Bitcoin faucet is a World Wide Web website that gives out “free” bitcoins (BTC) in exchange for doing a simple task, such as clicking on an advert, solving a CAPTCHA, or viewing a webpage for a certain amount of time. There are also faucets that dispense alternative cryptocurrencies.
FaucetBOX.com allows websites to make micro cryptocurrency transactions.When a faucet website sends you a small payment using the FaucetBOX service, FaucetBOX saves it in a temporary wallet that uses your address as your log-in name. When your temporary wallet reaches a certain amount of money, they send the payment to your address.
The recommended limit on FaucetBOX is 13,000 satoshi [0.00013000 Bitcoin]. It pays the earned amount of bitcoins until 48 hours directly to your bitcoin wallet.
My Strategy:
I'm using a faucet rota-tor which is making the collecting from bitcoin faucets on the FaucetBOX.com easier.
This is Ifaucet.net. On Ifaucet.net, you can collect a lot of Bitcoins, Dogecoins and Litecoins from various faucet sites, that distributes Satoshi after a certain time, and from other sites working with Bitcoin. You can collect all day, and get more than 200,000 satoshi per day. You can easy generate your list of favorite sites, add new sites to the system (if it not in the system yet), and to be aware of the characteristics of each bitcoin faucet site.
After gathering at least 50000 satoshi to my wallet I'm investing it into renting cloud hash rate power.My favorite website for mining cryptocurency is Eobot.com.
Eobot.com is a PERFECT site for any one new to mining, it can get you set up and progress your forward. Their payouts can be set by you and will automatically go into your wallet . I can not say enough good things about this pool I love it. It has multiple options available, apart from standard cloud mining it also offers cloud folding services, the ability to rent hashrate and point it to your on pool, or mine with your hardware in their mining pools, they even offer their own software for mining. There is also a built in faucet with small daily payouts built-in that can help you get started even without investing your own money or coins in the service plus some awards to stimulate you to return often such as a daily DOGE reward just for logging in. You can choose to mine not only Bitcoin, or Litecoin, but also BlackCoin, Namecoin, Dogecoin, Dash, Reddcoin, BitShares, CureCoin, StorjcoinX, Monero, Counterparty, Stellar, Bytecoin, Peercoin, NXT or MaidSafeCoin. Though the additional coins are not mined directly, but probably your mined profit is exchanged for the crypto currency you choose
.
I'm using also onether simular websites Cldmine.com. It's fast and secure cloud mining service. Offer up to 1.5% a per day from your initial investment. Just 3 month you get total return on your investment. Registration bonus - 1500 DOGE and Everyday bonus - 10 DOGE. Affiliate system profits are 12 %. It's Accepting : Perfect Money ($), Payeer ($), Bitcoin (BTC), Litecoin (LTC), Dogecoin (DOGE), Webmoney (WMZ). Site languages: English, French, Spanish, Deutch, Russina, Chinese
How to start Mining?
Step #1:
After the registration, you get directly 1500 DOGE coins for free.In order to start mining you need to EXCHANGE this
amount to CLD (our internal Cloud currency), this will allow you to get a mining power.
Step #2:
Good, now you have a mining power. More CLD you have, faster mining will be.You can start mining any currency OR continue to mine CLD power in order to have after a faster mining of any currency.
Step #3:
In order to get faster mining power, you can MAKE A DEPOSIT on your account via Bitcoins, Litecoins, Dogecoins, Webmoney, Payeer or Perfect Money.
Step #4:
Mining starts when you click "Mining" and it works even if you are not connected to your account.Mining data is updated every 1 minute
If you wish to buy additional bitcoins here is simple method How to Buy Bitcoins via PayPal or Credit Card by registering at Virwox.com
Other option for buying and withdrawing bitcoins especially to citizens of the European Union is Coinbase.com. Here you can buy bitcoins instantly with credit cart or withdraw bitcoins directly to bank account.
There are a lot of websites in which you can exchange bitcoins to USD or EURO using various payment processors. In my opinion it's best search for the websites located in your area. In the most cases they are providing the most suitable taxes for processing the exchange.
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