Today I m Going to Share the "Future of Gold Mine" Every One Loves Gold even I too. If I Show You the Ways to Earn that Gold without having any Knowledge of Coding or Programming. You can Earn with Your Computer Processing by Using the Graphic Card. Ok want to know How, then Did you Ever hear about Crypto Currency or BitCoin or LiteCoin. In this Post I have Declare Every Detail of about How to Make Money from BitCoins and other Cryptocurrency. After Reading the Whole article you will be able to Earn Money from Home without any Computer Experience or any Programming Skill, Just by sitting at Home and Making Money Online from BitCoins Farms.
What is CryptoCurrency or BitCoin or LiteCoin?
-> Crypto Currency or BitCoin or Lite Coin are a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
It’s the first example of a growing category of money known as cryptocurrency. Read more Here.
Ahha Now i Think you Got it what is BitCoin and CryptoCurrency.
Learn How we can Earn BitCoin and Lite Coin and what is it's Value?
-> We can Earn Bit Coin by using our GPU Processing. Yes GPU not CPU because GPU is 100 times Faster then CPU. GPU means Graphic Card processing Nvdia and Radeon are the GPU processors. As BitCoin don't have any Office or Server its Open so it Uses yours Computer for Processing and Doing Mathematics Calculation and You get Paid for your Computer. Every Graphic card Different Hashes Rates to Solve the Codes.
You are thinking that what is the Value of 1 Bit coin if I earn it. Then Just Google it or can Check it here on the top you can find the Conversion Rate. When i was writing the Post then it was 310 US Dollar.
Means 1 BitCoin=310 $ = 276.50 Euro = 19000 Indian Rupees
in 2013 BitCoin rate was 1200$ which mean that 1 Bitcoin =1200 $ = 74000 Indian Rupees.
And It is Rising Back. The Rate fall Down due a Bitcoin Site was Hacked and Millions coins were Stolen.
NOTE: Don't Do Mining on Your Laptop they are not Made to handle the Load of Mining as it uses alot of Resource and Processing. So it will Heat up Your Laptop.
If You Still Don't Got then Watch this Videos.
PART 1 - Learn How to Mine BitCoin and What is BitCoin:
PART 2 : How to Mine on Other Operating System and Make A Setup.
PART 3 : How to Buy Bitcoin and How to Sell BitCoin for More Profit. Also Known as BitCoin Trading.
How to Make a Desktop for BitCoin or Other Crypto Currency?
I m Not a Hardware Expert Advisor but I found some Videos for You on How to Make a CPU for BitCoin Mining.
Instead of Reading Booring Long Article You should watch the Video.
Better Graphic Card for Mining not the Costliest one :
Every Costliest thing is not the always the best. As AMD HD 7970 has the highest Hash Power then Nvidia GTX Titan and at most of the Mining Farm the AMD HD 7970 is used. So, for Bitcoin Mining best GPU is AMD HD 7970.
Other Ways to Mine BitCoin and Other CyrptoCurrency without any Hardware:
As Everyone Can't Afford the Price of 1000$ CPU and Electricity bill so for them here is Cloud Mining. In Cloud Mining You Just Buy the Power From them. The Power are in GigaHashes ( GHs). After Buying the Power You Don't have to worry about the Hardwares, Electricity Cost and Other Maintenance. Every one Thinking that wow its a Great Idea but Let me tell you they Give the Cloud Mining on a Contract Basis and they also have some Hidden Charges and Fees. You Should Read their Terms of Services.
How Much Can I Earn from this?
-> Here is your Answer you can earn a Lot but the Main Factor is Electricity cost and Hardware You have. Many People in this Mining do Farming of Bitcoin. I found some pics of Peoples doing Farming and a Biggest Farm in China Doing Bitcoin Mining. The Owner making 1.5 Million Dollar ( nearly 8 Crore Indian Rupees) Per Month.
1 Month Total Earning = 1.5 Million US Dollar
Electricity cost = 80,000 US Dollar
in Year 2014 when BitCoin = 230 US Dollar
Total Production 4500 BitCoin Per Month
Video source: Motherboard Youtube Channel
Bitcoin Mining Farm Pics:
Where to Buy These Gadgets for Farming :
If you are thing to Start Bitcoin Mining then Devices and Gadgets are Below. I found the Best one for You according to Prices.
- This Miner produces 1.7 TeraHashes Power and Consumes 1180 Watt of Electricity.
Want to See More Bitcoin Miners then Click Here.
Some Important Sites and Links you will Need :
- Bitcoin Pools Chart : Choose your Pool for Higher Income. Biggest Pool doesn't mean Higher income. Try to choose middle one as Pools also get Close due to losses and You may Loose your Earning.
- Buy and Sell Bitcoin - BitCoin Trading Center:
- Download BitCoin Mining Software:
- Cgminer 4.5.0 - Download from Sourcefog for Windows
- BitMinter - Require Latest Java ( by BitMinter.com)
- BitCoin Mining Earning Calculator :
- Sites from Where You can Earn Free BitCoins:
- Choose Your Wallet to Store Bitcoin Online or Offline :
- Calculate the Profit and Electricity you are going to consume.
- Buy the Device which consume less power and Earn More.
- If doing Cloud then Read the Term of Services, they have some hidden charges.
Above was All About Trading and How to Earn BitCoin as I believe in Real outcome not the site which will give you Free Bitcoin and all.
Other Methods to Earn BitCoin and Make Money from it :
- Sell You Bit Coin for Higher Price.
- Some Sites Pay you BitCoins instead of Currency. Earn Bitcoin for Free from Sites.
- Trading of Bitcoin. Buy when Rate Goes Down and Sell when Goes Up. It's very Risky so i will suggest to do at your Own Risk.
- Loan someone Bitcoin and charge and Interest. Their are some site give you Interest for Renting your BitCoins.
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