Earn Bitcoins in 8 different ways

1. Earn Bitcoins by accepting them as a means of payment 🏬

In my opinion, the best and easiest way to earn Bitcoins is to accept them as a means of payment. If you have a small business, the integration is done quickly and easily. No matter if you have a brick and mortar shop or an online business, no matter if you sell goods or services. You just have to complete the following three steps:

1. Get a free online Bitcoin wallet from Coinbase. If you're not sure what a Bitcoin wallet is, check out my What is Bitcoin section. There are also many other providers apart from Coinbase. When you sign up with LocalBitcoins you will also get a free bitcoin wallet with a broad range of functions. Find out which works best for you. And remember, no wallet is absolutely safe, so be careful with your money. Especially make sure you keep your Bitcoins stored safely in at least 2 or 3 different places.


2. Display a QR-code with your Bitcoin address next to your cash register. There are two options here.
• When you have your wallet, go to a section that says 'Receive Money' or 'Add funds' or something similar. There will usually be a QR-code that has your Bitcoin address encoded in it. Print out the image with the QR-code and place it next to your cash register. Your customers will typically have a Bitcoin app installed on their smartphone where they can enter the value of the purchase in USD or EUR. Their app calculates the corresponding Bitcoin value. It automatically takes the current exchange rate to get the right amount. On your wallet account you can check the confirmation of your incoming payment.
• Some wallets offer a 'Receive Money' functionality. When you earn Bitcoins by accepting them as a payment method on a more regular basis it comes in handy when you use a button called 'Create Payment Request'. Here you enter the Bitcoin amount the customer has to pay and it will show the corresponding QR-code automatically. This way the customer doesn't need to enter an amount which makes the payment for them more convenient. For this method you need to calculate the Bitcoin amount from your USD or EUR price before you can enter it for the QR-code to generate.


3. Display the 'Bitcoin accepted here' logo at the entrance to your shop to show everybody your innovative payment integration. You will find a printable version of the logo plus a free guideunder Downloads.

That's it. It's so easy, start to earn Bitcoins by selling goods and services today! This is just a quick description how to earn Bitcoins by accepting them as a means of payment. These links are also helpful:

• How to accept Bitcoin, for small businesses includes more info for online businesses
• The Bitcoin Wiki Trade page shows you which other businesses already accept Bitcoin. Add your shop here to get more publicity
• Coinmap is an OpenStreetMap where you can see the geographical distribution of Bitcoin accepting businesses. Add your shop here as well

There are many other lists and indexes where you can add your shop. I find the two mentioned ones to work best so far. If you have one that you think is really good and complete, contact me. I will be happy to add other links here.

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2. Earn free Bitcoins by completing tasks on websites ✔

There are many websites which offer you to earn free Bitcoins. With most of these sites, the concept is that you visit the site and just for looking at it you get a small amount of Bitcoins. The concept has something in common with watching good old free TV. You watch a lot of ads and inbetween you get something you actually want to see, like a film or music clips.

While this is a legitimate concept, the return on your invested time is very little. So when you earn Bitcoins from these advertising sites, the Bitcoins actually come at the cost of your time. As the saying goes 'there is no free lunch'. But see for yourself, here is a list of some of the sites that I find interesting

• BitVisitor :: Earn Bitcoins for watching websites or videos. Every page is shown for five minutes. Then you can click 'Next' for confirmation and move on to the next page. What I like about this site is that payouts come within roughly an hour. This is a major advantage compared to other sites that pay Bitcoins for completing tasks. Also, you don't need an user account here, you just enter your Bitcoin address. The amount of Bitcoins you can earn here is limited though. Per five minutes you get something like µBTC 100 (that's 100 microcoins or BTC 0.00001) which means that your hourly payout is something like BTC 0.00012. That's not too much money but it is a start to make you first Satoshis and get familiar with Bitcoin. And note, payout per five minute period varies. So the above calculation only holds if the average payout per five minutes is µBTC 100.
• freedigitalmoney.com :: Earn Bitcoins by getting rewards fo purchases made in Bitcoin. On this site you also don't need a user account and just have to enter your Bitcoin address to earn Bitcoins.
• CoinWorker :: Earn Bitcoins by completing analytical tasks. A user account is required here. I haven't tried this service but payouts seem to be a bit higher than with the aforementioned sites.
• Bitfortip :: Earn Bitcoins by answering forum questions. This is a nice service because it brings people together who are interested in Bitcoin and many other topics. At the same time it allows to pay rewards in bitcoin for answering questions. This is something that would not have been possible without a currency like Bitcoin that has low transaction fees and instant transfers

Earning Bitcoins from completing tasks on websites is a viable option to actually earn some Bitcoins, but don't expect your income to be very large. I regard it as a first step to get familiar with Bitcoin in general. Also, it is interesting to see what kind of services are enabled through frictionless money transfers.

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3. Earn Bitcoins from interest payments %

If you already have some Bitcoins, put your Bitcoins to work for you. Earn Bitcoins through interest payments by lending them out.

• Lend directly to someone you know. This allows you to assess personally, whether you regard the borrower as trustworthy. Then the two of you only need to agree on the terms like duration and interest rate and off you go. The drawback is, however, that you probably will not have too many acquaintances who match your amount, duration and interest rate requirements. But it's a nice way to earn Bitcoins.
• Peer to peer Bitcoin lending websites with listings from various borrowers are another option. Bitbond is such a peer-to-peer lending site. Borrowers publish funding requests and you can contribute to their loan. You can fund small portions of many loans and thereby diversify default risk. Bitcoin loans usually work the same way as fiat currency loans. The borrower gets a certain amount of money over a specified time and repays the money with interest. There are two things you need to be aware of when you lend Bitcoins. The site needs to be trustworthy and the borrower needs to be trustworthy. When the site assesses the creditworthiness of their applicants the information given about borrowers can be more credible.
 

• A Bitcoin banking like model. Here you place your Bitcoins as a deposit with a site that pays you a fixed interest rate on these deposits. As everything here, this method has advantages and disadvantages. The good thing is, that you don't need to diversify your Bitcoins over many borrowers. You just place your Bitcoins with your Bitcoin bank and that's it. You earn Bitcoins as a steady stream of interest income. However, be very careful. In the previous case of peer to peer lending you diversify your lending activity over many borrowers. In the banking model you trust one single borrower which is the bank. If they don't do a good job in managing your Bitcoins, everything can be lost at once. That's because the bank takes you deposits and invests them in assets, the most important assets usually being loans. If they do a good job you are fine because you simply collect the interest payment. If they don't do a good job you take the hit. An there is no deposit insurance in the Bitcoin world, too.

To sum it up, Bitcoin lending is a good way to make more Bitcoins from what you already have. And please notice this disclaimer: only lend through sites that you trust. Such sites will comply with the usual requirements that you expect from non-Bitcoin related sites as well. That means they have proper terms and conditions in place, they disclose their status of incorporation and contact details. Some sites in the Bitcoin world do not do this and in the end people wonder what happened to their Bitcoins. Therefore, when you earn Bitcoins from Bitcoin lending watch who you deal with and only use Bitcoins which you can afford to lose.

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4. Earn Bitcoins from mining 💎

Bitcoin mining is the process by which new Bitcoins are generated. When you perfom mining, your computer adds new Bitcoin transactions to the block chain (a public ledger where all Bitcoin transactions are stored) and searches for new blocks. A block is a file that has the most recent Bitcoin transactions recorded in it. When your computer discovers a new block, you receive a certain number of Bitcoins. Currently a block contains BTC 25. This number changes throughout time and gets smaller by the factor 0.5 every four years.

Since bitcoin mining has become a hardware intense and therefore expensive process, most individual miners join a so called mining pool. One of the mining pools you can conect to is BitMinter for example. By providing computing power to their pool you can earn Bitcoins from mining without the need to build your own big mining farm. There are entire communities around Bitcoin mining and besides the fact that you earn Bitcoins it's also fun. You meet new people online and get in-depth knowledge about Bitcoin as a protocol and technology.

If you want to earn Bitcoins through mining, be aware that it is a costly and time consuming process. Read the respective introductions and manuals to learn more about it. This website is a good starting point. Unless you are mining just out of curiosity and want to get to know the technology, it is important to make a cost / benefit analysis. Hardware prices, electricity costs, bitcoin difficulty and the Bitcoin value influence the profitability of Bitcoin mining. If all this seems interesting to you and you want to earn Bitcoins from mining make your first calculations on the Mining Dashboard.

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5. Earn Bitcoins by getting tipped 👏

When you earn Bitcoins through tips, it is much like accepting Bitcoin as a means of payment. You need a wallet, a QR-code with your Bitcoin address on it and the people who can potentially give you a tip need to be aware of it. There are various places where you can receive Bitcoin tips.

• Again, your shop is the first thing to start with in case you have one. It's just a bit simpler because since tips are voluntary you don't really need to check the incoming payment and the exact amount. Simply display the QR-code and check each day what came in.
• With tips, the nice thing is that you don't necessarily need to have a shop. A blog for instance or any other website is sufficient. You can display the QR-code or just your Bitcoin address at the bottom of your page or wherever it seems convenient and let people decide how much they want to tip you. You can also view how this looks like in the footer of this German blog bitcoins21.
• Another really cool way to get tipped online is Bitfortip which was already mentioned above. This service allows you to get tipped in bitcoin as the name already says
• Imagine you have a restaurant and want to encourage your customers to tip with Bitcoins, there is this nice service: bctip is a website where you can print little paper vouchers that have a certain Bitcoin balance on them. When your customer has one of these, he or she can simply give it to you or your employees and you can redeem it like a coupon.

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6. Earn Bitcoins through trading 📈

Some people would say that trading is a form of gambling. While there these two things have something in common, there are also fundamental differences. When you gamble (and assuming that it's a fair game) you have a certain probability of winning and losing. When you trade assets, this gets much more complex. I don't want to go into too much detail here. I just want to outline the concept how you can earn Bitcoins with trading.

The safest way to make money with trading is through arbitrage. In short, this means that you see an opportunity to buy an asset in one place for a certain price and sell it immediately at another place for a higher price. It is important that you know you can sell the asset immediately at a certain price. If this does not hold, then we are talking of speculation - or gambling if you prefer.

The Bitcoin world, in my opinion offers such arbitrage opportunities. But they are not as simple to execute as it might seem at first sight. Price differences between exchanges often come for certain reasons. The speed of fiat money transfers and access restrictions are just the most striking ones. You have to find out the concrete opportunities yourself. One place to start is this thread on Bitcoin StackExchange. Also, not every opportunity is available to everyone. Go and have a look at the price differences between exchanges and check out if you can find opportunities.

If you want to give arbitrage a try, you need to get Bitcoins almost instantly. One of the few sites where you don't need to sign up is bit4coin. If you spot an opportunity and want to act on it immediately, this is a way to get a hold of Bitcoins fast. If you manage to earn Bitcoins from arbitrage, this can be very profitable after all. But start cautiously as it really does require some experience.

The other way to earn Bitcoins from trading is simple speculation. In this case you would buy Bitcoins, wait until the price increases, then sell for a fiat currency. When the price drops again, you buy more Bitcoins and start all over. For this to work out you either need to be very lucky or capable of predicting the future.

There are people who are good traders and who can recognize patterns from price charts. But that's something very specialized and I'm not sure if I believe in this. So for me, if you want to earn Bitcoins from this form of trading it could also be categorized as gambling. And actually it's even more risky if you compare it to a fair game where you know your odds. When you speculate with assets, you can extract your odds from historical prices. But never start believing this would tell you something about the future reliably.

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7. Earn Bitcoins as a regular income 👨

Getting your monthly paycheck in Bitcoins is probably the steadiest way to earn Bitcoins. There aren't many organizations who would pay you in Bitcoins but there are some at least. And maybe there will be more as acceptance increases continuously. Gavin Andresen, core Bitcoin developer of theBitcoin Foundation stated in this interview that he gets paid in Bitcoins. And chances are, that when your employer accepts Bitcoins they might be willing to pay you in Bitcoin, too.

Apart from being employed by a company or a non-profit you can be self-employed and get paid in Bitcoins. Being a freelancer has multiple advantages. You can for example earn Bitcoins conveniently from home by participating in this bitcoin affiliate program.

You can also work from home for others. Here is a list of sites where you can search job offers or where you can post an offer yourself. It's a very convenient way to earn Bitcoins, because many jobs can be completed from home.

• Bitcointalk Forum Services Section is another starting point to look for job listings that are paid in Bitcoins. Some of the jobs are done easily within a short amount of time so it's a good way to earn Bitcoins quickly.
• Jobs 4 Bitcoins on reddit has a focus on job listings for programmers. But again, it's not purely programming and it's definitely worthwile to browse through the different offers.
• BitGigs is an online job board with many diverse job offers. The variety is reall amazing so go check it out.
• Coinality has a different approach by not simply listing jobs where you can earn Bitcoins, but displaying them on a map. This comes in handy when you are interested in a local job somewhere near you. The number of listings could be higher but when it keeps growing it will become more interesting.
• XBTFreelancer is another job board for gigs that are paid in Bitcoin. These jobs are mostly also software related. If you have programming or other IT related skills it is therefore probaly easiest for you to earn Bitcoins with your experise.
• bitWAGE lets you find remote jobs that are paid in bitcoin. bitWAGE also offers a second, quite innovative service. They let you invoice your USA, EU, or UK employer or client in many currencies including bitcoin. This means that you can earn bitcoins from your regular job. Definitely something to try for real bitcoin enthusiasts.

Then of course, you can start your own Bitcoin related business and earn Bitcoins this way. Either as a fully fletched business of goods or services or you could run a website and place ads fromCoinURL. If you want to start or already have a brick and mortar shop check out the earn Bitcoinsdownloads. The flyer shows you, how easy it is to integrate Bitcoins payments in your shop.

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8. Earn Bitcoins from gambling - not suitable for everyone 🎰

To be honest, I'm not a big friend of gambling. But it is a way to earn Bitcoins so in order to make this list complete it needs to be mentioned here. However, I won't list any links to gambling sites here. It's fairly easy to research them if you are interested. And if you clicked on some of the above links you probably already came across some Bitcoin gambling sites.

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디지털 또는 하드웨어 지갑 서비스 : 비트 코인의 모든 소유자는 비트 코인을 저장하기위한 안전한 장소가 필요합니다. 현재는 가상 은행 계좌와 유사한 디지털 또는 하드웨어 지갑에 저장합니다. 디지털 지갑에 대한 가장 큰 위협은 해커입니다. 해커들은 디지털 지갑으로 침투하는 것으로 알려져 있습니다. 이 비트 코인은 정부 나 연방 준비 은행이 지원하지 않습니다. 도난당한 소유자는 비트 코인을 되 찾을 수 없으며 해커를 상대로 많은 도움을받을 수 없습니다. 비트 지갑의 미래를 위해서는 디지털 지갑의 온라인 보안이 매우 중요합니다.

귀하의 bitcoins을 보호하기 위해, 당신은 cold wallets을 사용할 수 있습니다. 이들은 인터넷에 연결되지 않은 하드웨어 지갑으로, 해커로부터 멀어지게합니다.

Segregated Witness (Segwit)는 비트 코인 네트워크를 확장하고 트랜잭션의 가단성을 없애기 위해 도입 된 확장성 솔루션입니다. 유명한 하드웨어 비트 코인 지갑 제조사 인 Trezor의 공동 책임자 인 Bach Nguyen은 Segwit이 하드웨어 비트 코인 지갑의 보안 대책과 효율성을 극대화하는 데 중요한 역할을 한다고 말합니다.

Bitcoin 커뮤니티에 소개 된 이래로 Segwit은 TumbleBit 및 Lightning Network (Lightning)와 같은 두 계층 솔루션에 대한 문호를 여는 능력으로 높이 평가되었습니다. 혁신적인 확장 성과 프라이버시 중심의 솔루션을위한 인프라를 구축합니다.

그 외에, Thaddeus Dryja의 공동 작성자 인 Thaddeus Dryja는 Segwit을 이전에 논의한 2.1x 증가와 비교하여 테스트 비트에서 단일 bitcoin 블록을 3,7x 확장한다는 점에서 Segwit을 "실제 블록 크기 증가 제안서"라고 설명했습니다.

마찬가지로 중요한 점은 Nguyen은 Segwit이 지난 몇 년 동안 Trezor와 같은 하드웨어 비트 코인 지갑 제조업체가 해결하기 위해 노력한 문제에 대한 해결책을 제공한다고 설명했습니다.

Trezor는 비트 코인을 저장하고 관리하는 가장 안전하고 안전한 하드웨어 지갑 중 하나로 간주됩니다. 일반적인 문제의 대부분이 Trezor에 의해 다루어 지지만 비트 코인 트랜잭션의 현재 구조에서 나타나는 하나의 사소한 문제가 있습니다.

과거 Segwit은 비트 동전의 1 층 인프라 구조를 너무 많이 변경하여 여러 광부와 회사 임원들로부터 비판을 받았습니다. 그러나 Trezor는 비트 코인 네트워크의 계층 1 인프라에 대한 이러한 변경

현재 Trezor, Ledger, KeepKey 등의 하드웨어 비트 동전 지갑 제조업체 및 개발자는 이전 출력물의 가치를 찾기 위해 고유 한 해결 방법에 의존합니다.

Nguyen은 현재의 비트 동전 트랜잭션 구조에서 하드웨어 비트 맵은 공용 비트 코 블록 체인에서 이전 트랜잭션을 찾는 복잡하고 비실용적 인 프로세스를 거쳐야한다고 설명합니다.

"새 트랜잭션을 작성할 때 지갑은 블록 체인에서 이전 트랜잭션을 스트리밍하고 특정 출력과 그 값을 요청합니다. 일단 값을 받으면 지갑은 전체 트랜잭션을 해시하기 시작합니다. 해시가 게시 된 해시와 정확히 일치하는 경우에만 지갑에서 금액이 정확한지 확인할 수 있습니다. 지갑은 새로운 거래에 사용되는 모든 입력에 대해이 작업을 수행해야합니다. "응우 엔 (Nguyen)은 말합니다.

이 프로세스는 새로운 트랜잭션에 많은 수의 입력이 포함될 경우 비생산적이며 시간 소모적 인 프로세스가됩니다. 하드웨어 지갑은 일반적인 장치 또는 컴퓨터만큼의 컴퓨팅 성능을 보유하지 않으므로 하드웨어 장치가 블록 체인을 통해 이전 트랜잭션을 찾고 새 트랜잭션을 업데이트하는 것이 점점 어려워지고 있습니다.

Segwit의 활성화로 인한 비트 코인의 레이어 1 인프라 스트럭처에서의 변경은 이러한 비효율적 인 검증 프로세스를 제거합니다. Segwit에는 출력을 분리하는 대신 트랜잭션 서명의 이전 출력 값이 포함됩니다. 그런 식으로 하드웨어 지갑은 짧은 시간 내에 이전 트랜잭션의 출력을 가져올 수 있습니다.

이러한 출력의 검증 및 발견 기간의 단축은 사용자가 거래 내 입력을 목표로하는 공격으로 인해 많은 금액을 잃을 수있는 Fee Attack 공급 업체와 같은 여러 상황의 가능성을 예방하거나 제거합니다.

"사소한 변화 인 것처럼 보일지 모르지만 보안상의 영향은 크다. 하드웨어 지갑이 수행해야하는 작업량이 적을수록 무언가 잘못 될 확률이 낮아집니다. " Nguyen은 설명합니다.

비트본드는 지난 2013년 독일 베를린에서 시작한 P2P 금융 서비스다. 이베이나 아마존 등 온라인 쇼핑몰 사업자를 주요 대상층으로 삼고 돈을 빌려준다. 특이하게도 거래 화폐로 디지털 화폐인 비트코인을 사용한다. 대출자와 투자자 모두 비트코인으로 거래한다.

그래서 은행 계좌가 없어도 대출을 받거나 투자를 할 수 있으며, 국경 한계 없이 다양한 곳에서 대출 또는 투자 요청을 할 수 있다. 대출 기간에 따라 이자율이 다르며, 짧게는 6주부터 길게는 60개월까지 돈을 빌릴 수 있다.

거래는 비트코인으로 이뤄져도 대출금은 미국 달러 기준으로 계산된다. 독일 부가가치세법에 따라 모든 수수료를 받지 않는다. 대출은 최소 BTC 0.1부터 빌릴 수 있다. 최대 1만달러까지 돈을 빌릴 수 있으며, 투자는 최소 5달러부터 할 수 있다. 2016년 12월 기준 120개국에서 1500건 이상 대출이 이뤄졌다.

투자자를 위한 자동 투자 프로그램을 운영한다. 자동 투자 프로그램을 이용하면 투자자가 설정한 조건과 변수에 맞춰 자동으로 투자할 수 있다.

아래 링크를 통해 구경해 보세요.