Earn Bitcoin by Mining
It’s getting harder and harder to actually make a profit by mining at your home, and thus I put it in the last on this list
There’s a time when you can do mining by using your personal computer or using a graphics card (GPU-mining).
But Bitcoin mining nowadays requires you to buy specifically designed equipment, so-called ASIC miner.
At the time of writing, for each block mined you’ll get 12.5bitcoin. In the year 2020, it’ll drop to 6.25 BTC.
When bitcoin was introduced in 2009, one could easily earn 50Bitcoin for each block and just last year, miners get to earn 25BTC /block.
If you don’t know what mining is, I recommend you contact us for more information Considering the high setup cost, monthly electricity bills and low rewards, it could probably take years before you can start seeing the returns.
That being said, most of the miners choose to join cloud mining services. Instead of running your own mining rigs at home, you’re purchasing a package which guarantees you a fixed return in bitcoin. For more information on bitcoin mining and how to start mining bitcoin please DM me. #newyork
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