Mining uses hardware to perform mathematical computations that help secure the Bitcoin network, and rewards you with BTC. For an in depth guide on mining, visit here
Bitcoin can be used to purchase shares of Bitcoin-related companies. One site that allows you to purchase shares is Havelock Investments. Companies follow a contract in which they make dividend payments to shareholders, much like a real stock. These dividends are usually based on a stated agreement, such as 10% of net revenue. If a company fails to meet their contract, their shares are blacklisted. Keep in mind Bitcoin stocks are not regulated by government, and thus can be a bit riskier. These shares can be bought and sold by investors any time. Buying Bitcoin stocks is easy. Simply deposit your Bitcoins, choose the stock you want, and collect divends. be sure to enable 2 factor authentication to increase security.
Colored coins, which are basically Bitcoins marked for serving a particular purpose, can also be use to issue company shares.
For an in depth guide about investing in Bitcoin, visit here.
One of the great things about Bitcoin is that you can receive a payment without needing to disclose personal information. It also has lower fees than Paypal, or other freelance sites that process it for you such as Fiverr. If you have any talents, you can likely make money for it with Bitcoin. Whether its programming, writing, graphic design, video editing, web design, or anything people may see value in, you can likely make money doing it.
Coinality allows you to see job listings that you can apply for, or even publish your own resume. If you post your own resume, it’s highly probable that you’ll be contacted with information about a position. You can also search through job listings for all sorts of different categories, so you can find one you’re qualified for and one you enjoy doing.
Starting Your Own Online Business
The wonderful thing about the Bitcoin community is that they love to support small business owners that accept Bitcoin. Moolah provides a free, easy to use interface that allows you to open your own storefront, without needing to design your own webpage or register a domain. You can list the products that you’re selling, and prices quoting in your local currency. Moolah enables consumers to pay in a variety of digital currencies. Moolah allows you to instantly convert to your local currency during a transaction, or to Bitcoin, so you don’t need to be concerned about how your customers pay.
You can sell just about anything that you can ship. Whether its home baked goods, hand drawn art, or anything you can think of that people would be interested in, you’ll likely see success. Once you stock your store, try posting your store to the Bitcoin subreddit, the Dogecoin subreddit, the Vertcoin subreddit, and the Litecoin subreddit. Finding other Bitcoin communities may also allow you to advertise for free. As long as you don’t spam it every day, you’ll likely see overwhelming support for your store.
Opening a store that accepts cryptocurrency is a lot easier than opening one that doesn’t. It doesn’t require full-time commitment either. If you’re only seeing a few sales a day, you can likely develop your product during your free time and work your dayjob during the week. It can be a fun experience as well. Bitcoin enables a lot of opportunities for small businesses that weren’t possible in the past.
Producing Content and Accepting Bitcoin Donations
If you’re creative, you may make some extra money by accepting Bitcoin donations for your work. Whether you make entertaining videos, produce useful software, develop fun games, or create quality music, people may donate to show appreciation. Simple include your Bitcoin address at the end of a video in the form of a QR code or text, or in the description, or on your website, and people may be nice and donate. This can be done in addition to other monetization such as Google ads, so it doesn’t need to be your primary source of income. Don’t try to ask for donations if you’re charging money for content though, as that is rather rude.
There are plenty of opportunities to make money with Bitcoin. If you have a talent, you can likely make money working online, or selling something you create in a shop you open, or by making your digital creations available for free funded by donations. If you’re an investor, you can trade Bitcoin stocks. If you enjoy tech, you can try mining. There’s an opportunity for everyone, and I look forward to future innovation powered by Bitcoin.