In my last blog, I gave the basic ground work for how cryptocurrencies work and some websites that will allow you to start the process of getting some of them. Keep in mind that you are getting a very small portion of a BitCoin every day. For example, one of the sites advertises you will be given 0.0006 BTC every day. That sound like peanuts!. But, again, as of this writing, the value of 1 BTC (BitCoin) is $11,000. That means 0.0006 would be $6.60! Now these sites do not require any work on your side. That money is created automatically.
Now, I’ll do some of the numbers to give you a clearer picture of how much we are talking about.
BitMiner gives you 0.0006 BTC per day.
StartMiner gives you 0.0006 BTC per day.
BTC ProMiner gives you 0.0006 BTC per day.
CloudMiner gives you 0.00015 BTC per day.
LiteCoin Miner gives you 0.0035 LiteCoin (LTC) per day.
Add them up and you will see that you are getting 0.000195 BTC and 0.0035 LTC every day. At the current prices as of this writing, BTC at $11,000 and LTC at $182, we are seeing $22 every day just from these sites and for doing literally nothing but signing up.
The next step is what makes this even better. Each of these sites have a threshold that gives you the point at which you can withdraw your coins. They vary between 0.002 to 0.005 BTC. So, you can be seeing a withdrawal almost weekly. So we are talking about $150 in your BTC wallet each week. Now they have a process that takes time to get your money, but they have ways of making it quicker. Currently on the free plan, the process is about 10 days. So, if you are withdrawing the money every week, you will start seeing it show up regularly.
In this next step, we will be “investing” the money back to the site. When you visit these sites, they will tell you that you are signed up on Version 1.0. Now look at the cost of getting to Version 1.1. StartMiner says for a 0.0006 BTC purchase, you can now go from getting 0.0006 BTC to 0.0014 per day. That is about a $9 boost (per day) for an investment of about $66. Keep in mind that this is free money and you didn’t have to pay a dime out of your pocket. This does take some time and patience as the money needs time to grow, but with the combination of the 4 BTC sites, an investment of about $240 will generate 0.0054 BTC per day or just under $60. That is a very quick return on your investment.
I have a long list of sites that you can do this with, and in my next blog, I’ll go over the many different ways you can make BTC as well as many other currencies. Now, the process I gave is to do this completely without any money out of our pocket. If you wan to fund your BTC wallet and invest the money sooner, you most certainly can. Then you can do the math and see how versions 1.2, 1.4 and 1.4 will get you.