Saturday, August 30, 2014

Ways Of Earning Bitcoin Online

 Ways Of Earning Bitcoin Online
Bitcoin is an innovative payment network and a new kind of money.
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Instant peer-to-peer
transactions

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Worldwide
payments

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Zero or low
processing fees
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
iconGet started with Bitcoin




Don't have an wallet get from:
1. Bitalo  : For a limited time they are giving $5 in free bitcoin to all new members – just signup to get your free bitcoin wallet with them. They are also THE safest online wallet. They take security more seriously than any other and FORCE 2 factor authentication (i.e. you have to enter your password AND get pin code from your smartphone to use your wallet.

2. Coinbase   (The USA's largest and most trusted exchange): They also offer $5 in free bitcoin when you join, and have a lot of security features - they are generally seen as the market leaders in functionality, ease of storage and buying bitcoins.

 3. Xapo   - They give 50 bits free when you join INSTANTLY and a further 100 bits if you share on twitter and facebook (a total of 15000 satoshi) :)They are also the first service to offer really solid online "VAULT". This goes deeper and offers more layers of encryption and authentication - especially when you come to move or withdraw your bitcoin. * They also offer a debit card! You can top-up your debit card using your bitcoin, and spend it in $s in retailers around the world.


• Bitfinex   – A personal favourite for many people actually (because you can earn INTEREST on the bitcoins you hold in there + save 10% off your first month's fees with this link.) 

• Blockchain.info   – A very simple, but functional online wallet (not an exchange you can't buy bitcoins here, only store them).




You can earn bitcoins online in many ways.
1)Paid To Click:
1.1)BTC Clicks: This site is good as a paid to click. You can earn:
20 second ads: 0.00000072 BTC
10 seconds → 0.0000005
40 seconds → 0.00000093
30 seconds → 0.00000094 (only for some ads)
60 seconds → 0.00000138

You can earn more by referring others or by upgrading membership. The minimum withdraw amount is: 0.0001 BTC.

Go To: http://btcclicks.com/?r=f48f0760

1.2)Bitvisitor: This is another PTC. It offers 5 minute ads. Prizes range from 3.2 bits to nearly 10 bits. You can earn more by referring others.
Go to:http://www.bitvisitor.com/?ref=1JQ5xxwRTPNWBTDmsJKgmybUFiNDtuEK7Q

2)Bitcoin Faucet:
2.1)Land Of Bitcoin: It is the list of 100+ bitcoin faucet. It has also a faucet (which is not so good). You can earn more by referring others.
Go to:https://www.landofbitcoin.com/?r=K4QnpZeIBHjuvhcZ

2.2)Bitcoin Zebra:
Bitcoin Zebra is a bitcoin faucet. A bitcoin faucet is a web site that dispenses small amounts of bitcoins (or satoshi) for simply entering your bitcoin wallet address and solving a captcha (to prove that you are human). This faucet like most others is funded by donations and advertisements (so please turn off your ad-blocking software!).
Go to:http://faucet.bitcoinzebra.com/?ref=bd4dc2147d04

2.3)FreeBitco.in:
Payouts for this week have been sent to your Bitcoin wallet. If you use a desktop wallet software and are unable to see the coins, please leave your wallet software running to let it sync with the network.
If your account balance is over the minimum of 0.00005460 BTC and you did not get paid, please enable Auto-Withdraw by clicking the appropriate button above to get paid next week.  (HIDE)
Enter the words in the box below and click ROLL! to win free Bitcoins. You can come back and play every hour to win free bitcoins each time!
LUCKY NUMBERPAYOUT
0 - 98850.00000394 BTC
9886 - 99850.00003937 BTC
9986 - 99930.00039373 BTC
9994 - 99970.00393732 BTC
9998 - 99990.03937318 BTC
100000.39373179 BTC
Go to:http://freebitco.in/?r=734745

2.4)MoonBitcoin:
The best bitcoin faucet ever.You can claim every 5 minutes about 50 satoshis or wait for more. Refer your friends, enemies and everyone else to Moon Bitcoin and recieve 25% lifetime commission on all their faucet claims!
All commission payments are added to your Moon Bitcoin account along with any faucet claims you make, and paid out weekly directly to your bitcoin wallet weekly on Sunday, providing your balance at that time is at least 5500 satoshi.

Go to:

2.5)There are many other faucets which you can see at Land Of Bitcoin.

3)Cloud Mining:
This is a good way to get good amount of Bitcoin, however you will need a little USD or Bitcoin to start which you can get from faucets, paid to click or from loans(BTCJAM). 
Then buy contracts from sites like:
CEX.IO:
 

Hashprofit:

Hash Profit
Eobot:
https://www.eobot.com/
4)Mine Using Computer:
There are many ways to mine bitcoin using computers, however this may overheat your CPU or GPU and burn it, so not recommending this.
While the actual process of mining is handled by the mining hardware itself, special software is needed to connect your miners to the blockchain and your mining pool as well, if you are part of a mining pool. The software delivers the work to the miners and receives the completed work from the miners and relays that information back to the blockchain and your mining pool. The software can run on almost any operating system, such as OSX, Windows, Linux, and has even been ported to work on a Raspberry Pi with some modifications for drivers depending on your mining setup.
Not only does the software relay the input and output of your miners to the blockchain, but it also monitors them and displays general statistics such as the temperature, hashrate, fan speed, and average speed of the miner.
There are a few different types of mining software out there and each have their own advantages and disadvantages, so be sure to read up on the various mining software out there.

A few examples of mining software:

EASYMINER: A GUI based miner for Windows, Linux and Android. EasyMiner acts as a convenient wrapper for the built in CG & BFGminer softwares. It auto configures your miners and provides performance graphs to for easy visualization of your mining activity.
Download: http://www.butterflylabs.com/drivers/
BFGMINER: A modular ASIC, FPGA, GPU and CPU miner written in C, cross platform for Linux, Mac, and Windows including support for OpenWrt-capable routers.
Download: https://github.com/luke-jr/bfgminer
CGMINER: This is a multi-threaded multi-pool GPU, FPGA and ASIC miner with ATI GPU monitoring, (over)clocking and fanspeed support for bitcoin and derivative coins.
Download: https://github.com/ckolivas/cgminer
If you want to get a better idea of mining without installing any software, try Bitcoin Plus, a browser-based CPU Bitcoin miner. As a CPU miner it's not cost-efficient for serious mining, but it helps illustrate the process of pool mining.
5)Mining using mining pools:
Mining pools are a way for miners to pool their resources together and share their hashing power while splitting the reward equally according to the amount of shares they contributed to solving a block. A "share" is awarded to members of the mining pool who present a valid proof of work that their miner solved. Mining in pools began when the difficulty for mining increased to the point where it could take years for slower miners to generate a block. The solution to this problem was for miners to pool their resources so they could generate blocks quicker and therefore receive a portion of the block reward on a consistent basis, rather than randomly once every few years.

Mining Pools

There are many good mining pools to choose from. Although it's tempting to pick the most popular one, it's better for the health of the network to mine with smaller pools so as to avoid potentially harmful concentration of hashing power. To see the relative size of any given pool, check blockchain.info's pool pie chart.
For a fully decentralized pool, we recommend p2pool.
A comparison list of all mining pools can be found here.

Pool Payment Methods

Calculating your share of the coins mined can be complex. In an ongoing effort to come up with the fairest method and prevent gaming of the system, many calculation schemes have been invented. The two most popular types are PPS and DGM. PPS, or 'pay per share' shifts the risk to the pool while they guarantee payment for every share you contribute. PPS payment schemes require a very large reserve of 10,000 BTC in order to ensure they have the means of enduring a streak of bad luck. For this reason, most pools no longer support it. One of the few remaining PPS pools is EclipseMC. DGM is a popular payment scheme because it offers a nice balance between short round and long round blocks. However, end users must wait for full round confirmations long after the blocks are processed.
PPS: The Pay-per-Share (PPS) approach offers an instant, guaranteed payout for each share that is solved by a miner. Miners are paid out from the pools existing balance and can withdraw their payout immediately. This model allows for the least possible variance in payment for miners while also transferring much of the risk to the pool's operator.

PROP: The Proportional approach offers a proportional distribution of the reward when a block is found amongst all workers, based off of the number of shares they have each found.
PPLNS: The Pay Per Last N Shares (PPLN) approach is similar to the proportional method, but instead of counting the number of shares in the round, it instead looks at the last N shares, no matter the boundaries of the round.
DGM: The Double Geometric Method (DGM) is a hybrid approach that enables the operator to absorb some of the risk. The operator receives a portion of payouts during short rounds and returns it during longer rounds to normalize payments.
SMPPS: The Shared Maximum Pay Per Share (SMPPS) uses a similar approach to PPS but never pays more than the pool has earned.
ESMPPS: The Equalized Shared Maximum Pay Per Share (ESMPPS) is similar to SMPPS, but distributes payments equally among all miners in the pool.
RSMPPS: The Recent Shared Maximum Pay Per Share (RSMPPS) is also similar to SMPPS, but the system prioritizes the most recent miners first.
CPPSRB: The Capped Pay Per Share with Recent Backpay uses a Maximum Pay Per Share (MPPS) reward system that will pay miners as much as possible using the income from finding blocks, but will never go bankrupt.
BPM: Bitcoin Pooled mining (BPM), also known as "slush's pool", uses a system where older shares from the beginning of a block round are given less weight than more recent shares. This reduces the ability to cheat the mining pool system by switching pools during a round.
POT: The Pay on Target (POT) approach is a high variance PPS that pays out in accordance with the difficulty of work returned to the pool by a miner, rather than the difficulty of work done by the pool itself.
SCORE: The SCORE based approach uses a system whereby a proportional reward is distributed and weighed by the time the work was submitted. This process makes later shares worth more than earlier shares and scored by time, thus rewards are calculated in proportion to the scores and not shares submitted.
ELIGIUS: Eligius was designed by Luke Jr., creator of BFGMiner, to incorporate the strengths of PPS and BPM pools, as miners submit proofs-of-work to earn shares and the pool pays out immediately. When the block rewards are distributed, they are divided equally among all shares since the last valid block and the shares contributed to stale blocks are cycled into the next block's shares. Rewards are only paid out if a miner earns at least. 67108864 and if the amount owed is less than that it will be rolled over to the next block until the limit is achieved. However, if a miner does not submit a share for over a period of a week, then the pool will send any remaining balance, regardless of its size.
Triplemining: Triplemining brings together medium-sized pools with no fees and redistributes 1% of every block found, which allows your share to grow faster than any other pool approach. The administrators of these pools use some of the Bitcoins generated when a block is found to add to a jackpot that is triggered and paid out to the member of the pool who found the block. In this way, everyone in the pool has a better chance to make additional Bitcoins, regardless of their processing power. 
6)Mining Using Hardware:

Bitcoin mining hardware has evolved dramatically since 2009

At first, miners used their central processing unit (CPU) to mine, but soon this wasn't fast enough and it bogged down the system resources of the host computer. Miners quickly moved on to using the graphical processing unit (GPU) in computer graphics cards because they were able to hash data 50 to 100 times faster and consumed much less power per unit of work. During the winter of 2011, a new industry sprang up with custom equipment that pushed the performance standards even higher. The first wave of these specialty bitcoin mining devices were produced by Butterfly Labs. These easy to use miners were based on field-programmable gate array (FPGA) processors and attached to computers using a convenient USB connection. FPGA miners used much less power than CPU's or GPU's and made concentrated mining farms possible for the first time.

Today's modern bitcoin mining hardware

Application-specific integrated circuit (ASIC) miners have taken over completely. These ASIC machines mine at unprecedented speeds while consuming much less power than FPGA or GPU mining rigs. Several reputable companies have established themselves with excellent products.
For a comprehensive comparison of bitcoin mining hardware, visit bitcoinx.com.
7)For completing crowdflower tasks:
Go to: www.coinworker.com
Or www.cointasker.com