The best ways to earn money with bitcoin..... by sanks7

bitcoin · @sanks7 · Sep 15 '17 (edited)

$3.45

The best ways to earn money with bitcoin.....

![](https://steemitimages.com/DQmR1o4Z8nSDi2Vqd4hobN8mpwG5bfAQz4YVzDPkaF6MAsA/image.png)

Bitcoin is the most popular cryptocurrency in present times. The recent high it made has aroused interest of all people worldwide. Once again people are investing heavily in bitcoin. In this post I'll show you some ways to make money with bitcoin.
Bitcoin wallet :-
In order to start earning money with bitcoin you should first need a wallet to store send and receive bitcoins. Such wallets are available online. You can open bitcoin wallet account in coinbase.com, blockchain.info. If you reside in India you can open account for bitcoin transaction in unocoin.com or zebpay.com. Once you open an account with one of these sites you can get a single or multiple bitcoin addresses which can be used to receive bitcoins and also you can send bitcoins to other addresses. All transactions can be viewed on blockchain.info.

![](https://steemitimages.com/DQmNuEpARxMqCEgDvDgjbz9QSpCHERXfAqimcQ7E5KZptM6/image.png)

Bitcoin Mining :-When bitcoins were newly introduced mining bitcoins was very easy and it could be mined using the CPU. But as the difficulty rate in mining increased the requirement of costly machines, graphic cards and high requirement of electricity, bitcoin mining became difficult. But we can still participate in mining process by purchasing hash power in bitcoin mining companies. We get rewarded as per our hashpower. Some btc mining pools are Ant pool, BTCC, SLUSH pool.

Bitcoin Cloud Mining :-Bitcoin Cloud Mining is the another way to earn money with bitcoin. It is the process of bitcoin mining with shared processing power utilizing remote datacenter. Without any management of mining hardware it is very beneficial to an individual to carry out mining activities. So, it will help you to earn bitcoins without any mining hardware, electricity, bandwidth or other issues. So, this will really helpful to earn money with bitcoins.

*I'll tell you some more ways to earn money with bitcoins in the next part......*

*Please ,*

*follow me as @sanks7......*

*upvote, comment as well as resteem......*

Image from pixabay.com

![](https://steemitimages.com/DQmbmSf9RhR8fF6z4R1rezUU7XUm5A9HgMv7iaEZKhZQNzZ/image.png)

👍 minnowbooster, pharesim, aomura, fyrstikken, minnowsupport, shirish5, sanks7, drotto, d-pend, steemprentice, shawnfishbit, minnowpond, vogtlee, stephen.king989, raymondspeaks, allyouneedtoknow, gamerveda, cryptocoiners, sam99, gindor, jhermanbeans, pomperipossa, n1kofi, resheep, mitchhunter, marxrab, pusteblume, banjo, edrivegom, upgoat, ch00fy, cryptohustler, bluchr, tinashe, beng05, taica, myday, endaksi1, valth, whatamidoing, minnowpond1, decibel, libertylol, numpypython, qwasert, markfitzgerald, ashikbiswas01, timbalabuch, jhagi.bhai, nesbitt, yassinajbala, jotmax, sixexgames, humoalex

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@irwanumpal · Sep 15 '17

Good job....i like this post...awesome

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@sanks7 · Sep 15 '17

Thanx a lot I glad you like it

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@minnowpond1 · Sep 15 '17

This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

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@minnowpond · Sep 15 '17

This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

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@minnowsupport · Sep 15 '17

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by sanks7 from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>

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@drotto · Sep 15 '17

<p>This post has received a 1.04 % upvote from @drotto thanks to: @banjo.</p>

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@franco-the-cat · Sep 15 '17

I tend to mine coins on my home machine.
I rarely use all 12 processor cores so I assign some of them to mine while the machine is on.
it wont make you rich but will justify a more powerful machine than you would normally buy.  Also make sure you use a pool. whattomine.com is a good place to start

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@sanks7 · Sep 16 '17

Nice to hear about your mining and thanx for sharing the mining pool.....

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@minnowbooster · Sep 21 '17

@minnowbooster upvoted this post!

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*@sanks7 got you a $1.59 @minnowbooster upgoat, nice! (Image: pixabay.com)*
---
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