How To Make Money Mining Cryptocurrency

With the recent market capitulation causing the price of BTC to tank, you would be forgiven for thinking that mining Bitcoin is a not-profitable endeavour. However, you might be surprised to acquire there are still a large number of projects which go on to pay out mining profits to their customers.

Some Bitcoin mining methods include deject-based mining, which involves leasing mining contracts from hardware facilities to mine Bitcoin and earn a reward remotely. Other solutions involve buying hardware directly from re-sellers and hosting the mining equipment in secure information centers, where they receive cheap electricity.

Furthermore, some mining methods are based on new protocols which mine BTC in the groundwork and provide token rewards to participants.

In this article, nosotros will comprehend five of the best Bitcoin mining methods to earn passive income in the cryptocurrency industry.

The to
p 5 best Bitcoin mining methods to earn passive income

  1. Copium Protocol – A uncomplicated mining solution to participate in passive crypto mining
  2. Ecos
    – An all-in-one crypto investment and mining platform
  3. Zionodes
    – The leading marketplace for Bitcoin mining hardware
  4. CryptoTab Browser
    – A web browser that mines BTC in the background
  5. Piece of cake BTC Mining
    – A user-friendly deject mining solution

A closer expect at the acme 5 best Bitcoin mining methods to earn passive income

i.

Copium Protocol

Copium Protocol is a cryptocurrency mining investment ecosystem that provides a elementary solution to participate in passive cryptocurrency mining. The project aims to revolutionise crypto mining by removing unnecessary technical jargon and equations that ofttimes confuses new investors.

The renewable free energy focused mining protocol is centred around Copium Mining, a real-world, established cryptocurrency mining facility situated in Otago, New Zealand.

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The mining facility is unique because it is entirely powered by a surplus supply of renewable Hydroelectricity generated in the foothills of New Zealand’s Southern Alps. This is a fundamental factor in reducing the negative stigma oft surrounding power-intensive crypto mining.

The initial launch phase of the projection volition be the Copium Protocol Investor Pass – A collection of x,000 NFTs which will mint early-mid October on the Ethereum network. The Investor Pass NFTs will be sold at Dutch Auction via copiumprotocol.io at a outset cost of iii.5 ETH (TBC).

NOTE: The commencement 2,000 people to register via the project website will receive a guaranteed mint spot at a lower fixed price of only 3 ETH.

Holders of the Copium Protocol Investor Pass will receive the following benefits:

  • An exclusive airdrop of Copium Coin – The native ERC-20 token which powers the ecosystem.
  • The ability to pale the pass on the platform in exchange for a daily allocation of Copium Coins.
  • The ability to stake Copium Coin holdings at much higher ROI, Investor Pass Holder only rates.
  • Automatic entry to monthly Copium giveaways.

In add-on to these benefits, the owner of each Copium Protocol Investor pass minted volition go into the draw to win i of 2 Bitcoin giveaways.

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The great thing about Copium Protocol is its structure and blueprint as an entire, self-improving ecosystem.

One key deflationary feature of the Copium ecosystem is the use of daily Copium Mining revenue to purchase Copium Money from the open up market place. These coins are and so sent to the token burn address, reducing the circulating supply.

Following the successful launch of both the Investor Pass and Copium coin, will be the implementation of the Copium Staking Platform, a central pillar of the project ecosystem. Users tin can stake their coin holdings, for a range of periods, in substitution for varying, high-yield involvement rates. Staking Platform users will have access to a range of interactive features, including the ability to:

  • Customize personal stake settings
  • Forecast future returns
  • View current Copium Coin holdings
  • View current contract expiry dates

Investor Laissez passer holders volition exist entitled to stake Copium Coin holdings at exclusive, high-interest staking rates. Compared with standard public staking rates, the minimum pass holder rate is yet college than the maximum doable public staking rate. In summary, should you wish to maximise your render on investment, buying of the Investor Pass is the best pick to secure this goal.

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Overall, Copium Protocol provides an innovative and effective means of earning a passive income through Bitcoin mining. In addition, the straightforward blueprint makes the project extremely accessible to whatever level of investor, regardless of their previous cognition in the cryptocurrency mining sector.

Visit Copium Protocol Website

2.

Ecos

Ecos is an all-in-one crypto investment platform that includes a wallet, an substitution, hosting, and a deject mining platform. The platform also has a convenient mobile app on Google Play and the iOS store.

Deject mining is i of the easiest means of earning Bitcoin passively without investing in expensive mining equipment. Ecos has made the process and so seamless that users can start mining subsequently just ii clicks.

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The Ecos platform has a large data middle with Antminer S19j Pros, using 200 MW of electricity. Users of Ecos tin lease this equipment, making Bitcoin mining uncomplicated, profitable, and reliable. Renting the equipment means there is no hassle buying and maintaining equipment or fiddling around with mining pools.

The electricity is provided by Hrazdan TPP and is in directly agreement with the electricity provider at a preferential price.

The mining center is located in the Gratuitous Economic Zone of Armenia and was established in 2017. Having a Free Economic Zone residency ways the visitor is exempt from income taxes, VAT, import and export taxes, and property and real estate taxes. As a upshot, the savings are offset to the customer for higher returns.

Using the Deject Mining service from Ecos, customers can receive daily payments from their charter. In addition, users can choose specific durations for cloud mining contracts that range from 24 months to 50 months.

Ecos also provides equipment and hosting services. This allows customers to purchase equipment and pay Ecos to host the miners in their facilities.

iii.

Zionodes

Zionodes is the world’due south leading marketplace for Bitcoin mining. Headquartered in Singapore, Zionode’s primary mission is to make user-controlled mining available to everyone by providing a secure, toll-effective, and reliable mining ecosystem to search through.

The platform aggregates data centers, hardware sellers, and miners together in i location to brand it easy for customers to find a suitable mining solution.

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Zionodes differs from others on this list as information technology is not a deject mining platform or a protocol that uses mining to release a native token. Instead, customers can purchase Bitcoin mining hardware through the platform that hardware owners are selling. They can then search for a suitable data centre to host the equipment and receive a completely passive income in return.

Buyers tin can be sure that the hardware they purchase has been verified equally authentic by the squad as the equipment is already pre-installed in their facility.

Once a miner has been purchased from the marketplace, the squad aims for the equipment to come up online within two weeks. After that, the operation of the equipment is tracked for ten-days before it is fabricated available to the customer.

One time running, customers can easily see the condition of their hardware and monitor stats, including;

  • Hash rate
  • Online time
  • Temperature
  • Cooling efficiency.

Furthermore, the pool settings are all customizable from the account interface, pregnant miners can choose a mining puddle that suits their needs.

Once the 1-year contract hosting expires, customers can request the physical commitment of their ASIC hardware. This is something that is not possible with many other hardware seller solutions.

4.

CryptoTab Browser

CryptoTab Browser is an innovative browsing solution that makes web browsing a profitable try.

CryptoTab Browser is the world’s start browser with mining features that lets you earn BTC while browsing the web. Finally, users tin make a profit past mining Bitcoin while watching videos on YouTube or calling friends through Skype.

And then far, the platform is already live and has managed to attract over 25 meg users.

Users simply have to download the browser from the website to become started. The browser can exist downloaded on PC, macOS, iOS, and Android Devices.

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The browser comes equipped with the fastest congenital-in mining algorithm that allows more efficient usage of your computer’s resources. In fact, the mining feature is slated to mine up to eight times faster when compared with the Google Chrome extension.

The mining occurs in the groundwork, so users volition never meet any operation lag while trying to browse the internet.

The project is unique because it is a lightweight browser, making it extremely fast and efficient. Furthermore, it comes with privacy features that cake suspicious IP addresses and malware extensions. It too has features that other browsers don’t include, such every bit;

  • The ability to suit the UI to accommodate your needs – drag and pin tabs into groups and customize pages using handy widgets.
  • A novel address bar – search the spider web and send links to other devices directly from the address bar.
  • Search features – the browser has private and secure search features with no-tracking applications following you around the internet.

The platform also boasts a Cloud.Boost characteristic, which allows users to multiply their mining speed on the aforementioned hardware up to 15x. This feature speeds upward the hash charge per unit without consuming additional power from your computer. Furthermore, users can mine up to 300x faster on android devices if they combine their multipliers beyond multiple handsets.

The platform besides has an chapter marketing program that pays you a fifteen% commission to recruit new users if they sign up by using your personal link. The affiliate marketing program goes 10-levels deep, so if your referees invite new users, you go additional commissions.

5.

Easy BTC Mining

Easy BTC Mining is a deject mining contract platform that offers an easy-to-employ service to earn a passive income through mining BTC. The company backside the projection is a reputable EU company with over 10 years of experience in the industry.

Users just merely have to sign upward to the website with their electronic mail and pay for the mining contract to get started with cloud mining.

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The platform covers over 100 different mining algorithms, so you don’t just have to mine BTC.

Payouts are paid daily on the platform, and mining immediately starts later confirming the payment. Users must eolith BTC into the BTC Wallet Application on the platform’s interface to get started.

Then, they choose what type of mining hardware they wish to use. The platform offers five unlike cloud mining contracts that start from equally piddling as 0.00001 BTC and go as high as 0.499 BTC. Users tin can await to mine around 0.045 BTC daily on the higher tier. All of the contracts offered past Easy BTC mining are set for one year.

Easy BTC Mining has a referral system that pays users commissions if they invite their friends to the service. There is also a support ticket system to contact the visitor if any problems arise with the mining contracts.

Conclusion

As you tin can encounter, many mining methods exist to earn passive income in the sector. Each one presented on this listing is unique and ranges from protocol mining to private-hosted mining solutions.

All the same, Copium Protocol is perhaps the all-time pick to earn a passive income through mining. Their facility is completely powered by a surplus supply of renewable Hydroelectricity, and the current Investor Pass NFT collection provides a great opportunity to get into the space and reap the benefits of a higher ROI when staking. Overall, in one case the protocol launches, it will provide the perfect opportunity for investors looking to earn a passive income through Bitcoin mining.

Visit Copium Protocol Website


Disclaimer – The higher up content is non-editorial, and Economic Times hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse whatever of the content. Crypto products and NFTs are unregulated and can be highly risky. In that location may be no regulatory recourse for any loss from such transactions.

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Source: https://economictimes.indiatimes.com/wealth/invest/5-best-bitcoin-mining-methods-to-earn-passive-income/articleshow/94372871.cms

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