Posted on January 1, 2018 at 12:00 PM
Introduction and Mining List
Initially, Mining was the only way to Earn Bitcoin or any other Cryptocurrencies.
Because of the way Blockchain was built, some Cryptocurrencies like Bitcoin, may not be as profitable to Mine.
With that in mind, it’s no surprise new options were constantly emerging.
We’re going to introduce you to the whole Process, as well as the best Free Options you have to Mine Crypto.
Processing Data blocks of a Blockchain in order to find Cryptocurrencies stored inside is called Mining.
The term Mining was initially used by Users but got picked up along the way by everyone.
As we mentioned, Blockchain was built in a way that Mining gets harder. The Mining Difficulty depends on several factors among which: Number of Miners currently processing Blocks.
A couple of other factors worth mentioning are the total number of Coins mined and number of Blocks processed since Day 1.
Because of this, it’s no surprise Bitcoin is not the easiest option to Mine out there.
Still, there are few profitable options you can look into. Some even Free.
Mining is nothing other than processing Data inside a Blockchain. Because of that, it’s no surprise that you need something to Mine with. Based on that, the original way of mining is called Hardware Mining.
For this type of Mining, you could use basically any CPU. Because of the way it works, It makes sense that better machines will process more data.
Considering the Mining gets harder daily, for Bitcoin mining you would need to invest thousands of Dollars into Mining Rigs.
Mining Rigs are specially designed Machines built in such a way to Maximize mining efficiency.
Because of this, we will focus our attention on a different type of processing data blocks called Cloud Mining.
Without further ado, we present you the list of Best Lucky Roll Faucets.
CryptoTab introduced a mining option in a form of Google Chrome Extension. You could simply download the Extension, add it to Chrome and start Mining.
The main reason for such success was in their unique Referral System that goes 10 Levels deep. Therefore, you can easily end up with Millions of people in your Referral Chain.
Because of the popularity gained, they felt the need to improve their solution. This resulted in a CryptoTab Browser that mines Bitcoin 8x Faster than Extension in Chrome.
You can simply Download CryptoTab Browser Here, log in using one of your Social profiles, and start Mining.
One more option that is extremely popular but not Free is something Genesis Mining is offering. Many companies decided to start their own Mining Farms full with high-end Mining Rigs.
Genesis Mining allows you to purchase a Mining Contract. With this Contract you’re renting some of the Mining Rigs they own, and the profit they generate goes to you.
With this, you have enough knowledge to start Mining. You can choose some of the Free options or find an affordable Mining Contract. Or you can even afford to invest Thousands of Dollars in Mining Rigs.
The choice is yours!