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Beermoney Essentials: 6 Ways To Earn Passively With Cryptocurrencies In 2018

Hey guys!
This is my second "Beermoney Essentials" post. Here's the first one about Chrome Extensions if you missed it a year ago. These types of posts basically are just about things have seem to become 'essential' information in terms of Beermoney.
This post is going to be about Cryptocurrency. Cryptocurrency has been becoming more and more popular around the beermoney community, and I think it's safe to say that 2018 will be the year of cryptos.
Here's what this post is NOT. This post will not be the 'here's what cryptos I think you should buy and hodl in 2018'. This post IS going to be about cryptos you can get into and do whatever you want to without having to directly invest in them. So yeah, this post is mostly going to be about mining.

6 Ways To Earn Passively With Cryptocurrencies

Alright, so in this post, I'm going to split things up into 4 parts:

Part 1: GPU mining

Does anyone here remember Nice Hash? (I mean, it technically still is a thing actually). Nice Hash is/was a nice site that would allow you to use your PC to mine. I believe they actually mined ETH (I think), but they were nice because they paid out in BTC (which most people prefer). It was really the easy way for just about anyone to get into mining (assuming you have a decent GPU). Just a month or so ago they claim to have been "hacked" and they lost (at the time) ~$60 million in users' bitcoin. For whatever reason a lot of people wanted them to resume operating after the bits were lost, so they are back up. I won't recommend Nicehash at all. I don't think they were really hacked, and I do think it was an inside job. If you want to use Nicehash, you can. I just really don't recommend it, and there are plenty of alternatives. Here are just a few that I found.

WinMiner

WinMiner is a really neat alternative to NiceHash. From what it seems, the payouts on Winminer are a bit lower, but there are a couple advantages to using this site that might outweigh the lower payouts. First of all, Winminer is really easy to use, you can just download it and set it up, and it's all set. The thing about Winminer that is really nice is that you can get paid out in many different ways. If you want, you can cash out to Bitcoin, but they have a $100 minimum, and the fees are really high, so there's a good chance you won't want Bitcoin. Alternatively, you can withdraw your balance to PayPal, ETH, LTC, Amazon, or iTunes. One thing I don't necessarily like about Winminer is that it does keep your balance in USD at all times, so if you earn for a month and go to withdraw if bitcoin's price goes up 50% in that month, you won't get that bonus reflected on your total cashed out because it was in USD. It's probably not an issue for most people.

Kryptex | Nonref

I have been using Kryptex since just after the announcement of NiceHash being hacked. It has a nice UI and it is very customizable with its settings. This is probably the closest site to the original NiceHash. You can request a payout in Bitcoin any time after you have 0.0006 BTC. One thing about Kryptex is that it does have a referral system. You can earn 10% of your referral's earnings. I shamelessly put my referral link above. Feel free to give it a click if you want.
I don't really prefer this site over WinMiner because it doesn't offer quite as many methods of payments, but here it is anyways.

Part 2: CPU Mining

CPU Mining for Bitcoin has been dead for a long time, but there are still some ways to use your CPU to earn some crypto passively.

LoadTeam

LoadTeam used to be a site that would pay you to test loading websites in the background passively. It was never a lot of money (and it still isn't), but they made the change a few months ago to switch over to Crypto Mining. I actually didn't even notice the switch, but I checked my account after a couple months and I had a few dollars sitting there. LoadTeam offers instant paypal transfers with no fee for all balances over $1. It's pretty nice. I didn't even notice a difference in CPU usage over the last few months. I think of it as an easy couple dollars a month, and it runs entirely in the background.

CoinHive Monero Mining

You might have seen this around a bit. CoinHive is a service that allows sites to mine monero in the background(ish). Some sites have been using Coinhive as an alternate to advertising/adblockers. There are a few sites that have been adding coinhive to their site. You can run this passively in the background.
I don't know all of the sites that have CoinHive, but two big ones I know of are FreeBitco.in and CoinPot.
FYI, I think Freebitco.in links are blocked on reddit, but if anyone wants my referral link, send me a PM. I give 100% of my referral earnings back to my referrals.

Part 3: PoC Mining

Burstcoin Mining

PoC Mining you might not have heard of, but it's fucking cool. PoC = Proof of Capacity. While CPU mining uses a computer's CPU, and GPU mining uses graphics cards, PoC mining uses free storage to mine. The appeal of PoC mining is that it seems like everybody has free storage. Check around your house, maybe you'll find a nice external hard drive with some space on it. You can use this to mine from.
Now I know I said above that this wasn't going to be a post of me telling you what cryptos I recommend for you to invest in, but here's my quick pitch for Burstcoin. Burstcoin is the worlds first (and only) PoC coin. It is the "green" crypto. Mining Burstcoin takes up 400x less power than a crypto like Bitcoin. It's really pretty fucking cool, and I absolutely support the coin. Feel free to read more about Burstcoin on /burstcoin, and check out the recent announcement of Dymaxion.
But you're here to learn how to earn from PoC Mining passively.
Unlike CPU and GPU mining, it is a lot more hard to get into because there are a lot more steps involved to setting it up. You'll actually need to know how to 'plot' your storage and set up a mining pool.
I'm not going to write out the entire process because there are plenty of other resources to help you out.
One thing I really recommend is QBundle 1.6, which is probably the closest thing that will walk you through the process of setting up a wallet for burst and start plotting and then mining with your storage.
One thing I'll also point out is that in order to mine burst with a pool you will need at least one burst in order to set the reward recipient. There are faucets you can get a free burst from, but if you can't get the faucets to work, feel free to send me a PM and I'll send over everyone who wants to get into burst a coin to set the recipient.
Here's a video explaining burstcoin a bit more: https://www.youtube.com/watch?v=Fyj9RIyxLb4
If there are requests, I will happily make a video explaining how to get started mining with Burstcoin.

Part 4: Saving/Investing

Okay, I said this post wasn't about investing in cryptos, and that's not what this section is about, at all.
This part of the post is about using the cryptos you already have to earn more crypto. There are quite a few options in this space, but I do advise you to take all caution when investing your cryptos into anything. Realize that ANYTHING can become a scam when you're not holding your own private keys.

FreeBitco.in

I've mentioned this a few times in the past, but Freebitco.in allows you to use their site has a savings account/wallet and they pay 4.08% annual compounded interest per year on all your balances held (they pay interest daily). I've been hodling bitcoin on there on and off for quite a long while now and it's really nice. Another advantage I could point out is that their site does work as a wallet as well, and while bitcoin's fees are going crazy, you have the option of setting up an automatic weekly cash out (when you're ready to cash out your balance on their site) and the fee is just 3000 satoshi, or you can sign up for a 1-6 hour payment with a heavily reduced fee, or instant with a full average fee. It's really nice having those options.
Freebitco.in does offer a 25% referral bonus for all interest paid out on their site, and I wrote above:
FYI, I think Freebitco.in links are blocked on reddit, but if anyone wants my referral link, send me a PM. I give 100% of my referral earnings back to my referrals.
I have been paying 100% back for over a year now, and I don't plan on changing that.
Please remember: if you do deposit anything onto freebitco.in that is a risk you're taking.

Conclusion

There are a lot of different ways you can use Cryptocurrencies to your benefit. Even if you don't have a good CPU, GPU, or have much free storage, there are still options for you, and maybe you could even consider taking some of your profits from beermoney in 2018 and putting it into upgrading your own set up, or taking some profits and investing into the cryptos you support.
Previous Beermoney Essentials Posts:
Feeling like sending some cryptobits? Feel free:
BTC: 16quTAkbE5sj7doXcPgGBoUemQgdcQRv84
BCH: 1bHj58bVAAPt4wd6SNUbPxBLP6xHFXc5t
ETH: 0x95F33586adb84EE4568C9556a24b340E5eD51604
LTC: LMvtC4Ltaghyb5k5Ssh1sFn9qnqsHfcTpV
XMR: 42B8knrqLAE2BMbiWtqTcrc1W9mNy2PxdVW32oZaBNAJNjDHMWwMJkCFhHWd3aPczi4gYTon73dqX3iv1GK2tUQKJDC2pWV
BURST: BURST-L3AD-N8MX-BVJD-BW54B
submitted by Fishering to beermoney [link] [comments]

About KeyBazaar.net

KeyBazaar

KeyBazaar is a safe and easy to use CS:GO case key market. Keys are transferred to the buyer instantly after purchase, and the seller can request a payout at any time after his keys are sold.

There are many reasons to use KeyBazaar:

Is there any way to get scammed?

No. Before keys are added to the selling list, they are first traded to one of our bots. Upon purchase, our bots transfer you the keys. You and the seller are never required to make contact, so no form of scamming can be done.

Are there any requirements?

Currently, there is only one requirement. You must either have a verified PayPal account, or contact us and have us remove it for you (by supplying some information to prove your identity). This is an unfortunate measure that we are currently requiring to help prevent fraud. We hope to be able to avoid this in the future, but for now, it will remain this way.

How do I receive my keys?

After purchase, you will receive a trade offer from one of our bots with the purchased keys. Simply accept the trade offer and you will have your keys.

Why do you require a verified PayPal?

Unfortunately, there is a high risk in accepting payments online. Since all payments are sent through us, we are liable for any disputes and chargebacks that occur.
For this reason, we do not accept payments from unverified PayPals by default. If you do not have a verified PayPal account, it is very simple to do so, and in many cases it is an instant process.
We understand that there are some select cases where it is not possible to obtain a verified PayPal. If this applies to you, we can remove this limit, but we will need some verification from you before doing so. Full Name Address Picture of drivers license, State ID, passport, or other form of valid verification
If you would like to send us this information, please send it via support ticket, or contact us via live chat.

Why do you not accept Bitcoin?

As much as we like Bitcoin, it would not make sense to accept it as a form of payment for various reason. There are many more users with access to PayPal than with Bitcoin. Bulk transactions would be complicated when purchasing with Bitcoin.
Because we offer bulk orders, members trying to order with Bitcoin would most likely run into issues when trying to buy from multiple users with Bitcoin.
Simply put, we cannot force members to use Bitcoin, nor can we force them to use PayPal. However, while most members are fine with using PayPal, many are not as comfortable with using Bitcoin. Therefore, PayPal seems to be a much better option.
We do have plans for per-user stores in the near future, and we will most likely offer Bitcoin as a payment method when using these.

How do I add keys to sell?

To add keys to the selling pool, simply visit the home page, select the type of key you would like to sell, and click the Sell button. There, you will be able to tell us the amount of keys you would like to sell.
Once you have let us know how many keys you would like to sell, one of our bots will send you a trade offer for the keys. Once the trade offer is accepted, our bot will contact the site and update your key count.
You can update your selling price at any time by re-visiting the page for the key type in question, and clicking on the Sell button. You may also request your keys back by supplying an amount, and clicking "Return Keys".

How do I get paid?

It took us a while to find a good method for charging and paying our members. After careful consideration, we have determined that the best way to go about payouts is to accept the money ourselves, then deliver a payout to each seller either at the end of that day, or manually.
Because keys are generally purchased from more than one user, especially when making bulk purchases, it wouldn't be possible to have payments sent directly to the seller. Therefore, we use the PayPal API to deliver a daily payout to the sellers.
If you chose to have payouts sent out manually, simply go your account page, and click the "Send Payout" button. Our system will instantly process the payment. If you choose to have your payouts delivered at the end of each day, they will be processed at 12 AM PST. We recommend this method to reduce the amount of fees that you pay.
If you have any questions or concerns about this process, please don't hesitate to contact us.
Please note that you may have to manually accept the payment via your PayPal account. PayPal will provide information on how to do this if it is required.

Are there any fees?

KeyBazaar charges a 2% fee per payout. For example, if you have a $100 payout pending, KeyBazaar will subtract $2 dollars from that amount. This covers fees, and helps maintain the site in general. Keep in mind that there are also PayPal transactions fees which are out of our control, and may impact the final payment amount.

Can I get my keys back after trading them to the bot?

Of course. Your keys are still yours until they are sold. If you wish to retrieve them, you can visit your account page and return them, or edit the price you are selling them at.

What about chargebacks?

Currently, chargebacks are handled by us, and will not affect you. When user-owned stores are released, these will most likely be your responsibility, and we will not offer any support for this.
There is unfortunately no way to stop chargebacks from happening, and it is one of the reasons we are using only PayPal as a payment method, and handling transactions ourselves.

I have a question that isn't answered here.

If you have any other questions that we have not answered, feel free to ask! We are willing to help you out at any time!
submitted by KeyBazaar to KeyBazaar [link] [comments]

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