Hello, WAH family! Today I want to tell you about the different software available (usually for PC users) that pay you, just to surf online. Most of us are use to sites informing us of cookies that will track what we do on most every site. This software isn’t quite like that. This particular type of software uses the CPUs and graphics card’s power to mine Bitcoin.
What is Bitcoin mining?
Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. … The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle.
The amount of new bitcoin released with each mined block is called the block reward. The block reward is halved every 210,000 blocks, or roughly every 4 years. The block reward started at 50 in 2009, is now 25 in 2014, and will continue to decrease. This diminishing block reward will result in a total release of bitcoin that approaches 21 million.
Full rundown of Bitcoin mining investopedia.
The only risk I see with Bitcoin mining is that it will slow down (possibly) other programs that may be running on your PC or Laptop. It would be up to you to decipher whether or not the software would cause issues running in the background on your PC or Laptop.
I tried it on my iPad just to see what mining was (not with any of these listed) and it was extremely slow. To get 1 satoshi you had to have something like 25,000 hashes! It took almost 20 minutes to get one hash on iPad! Hoping it’s quicker on a PC. I assume those with gaming equipment will fare the best, just because of the size and capability of the systems they use.
Many of the Bitcoin wallets have a mining feature. I noticed this some time last week (I know I’m always late) while I was logged in to my Bitcoin wallet. This is an added benefit to have your coins working for you during idle time(s). I have seen claims of users earning between $10-$200/month by using such software, so if any of those figures sound pretty good, sign up!
Kryptex –Get paid for the computing power of your PC. Kryptex generates cryptocurrency and pays you bitcoins or real-world money, be it dollars, rubles or any other currency. Must download software to your PC.
Earn Money Network —Use your laptop or PC to make money online. You may ask how do I earn extra income from home using the internet? Well the answer is quite simple, you can utilize your computers idle resources to process data automatically while you go about your business. Pays via PayPal, Payza, Payoneer, Bitcoin, and more.
Cashware–Software uses your computer’s power to mine or generate Cryptocurrency. Earn by referring. Use several devices. Cash out threshold is $5.
Earn money wizard –Software that uses your computer’s idle time to create hashes, and pays you for it. How much you will earn is dependent upon your PC’s processor and the type of graphic card you use. Pays via PayPal, Bitcoin, or Check.
Mine2coin –Earn free satoshi. Payments sent to your wallet every Friday.
Computta –A platform that allows users to earn passively by using their PC’s power to generate Cryptocurrency. The site says it can be set up in three (3) minutes. They also have a referral program that runs five (5) levels deep.
Micro Mining –A platform that offers downloadable software to passively earn income by mining Bitcoin from your Laptop or PC. Earn 10 percent with their affiliate program.
Winminer –A platform where users can use mining software to earn from their PC in idle moments. Pays via Bitcoin/Ethereum/Litecoin (min. $10), PayPal (min. $20), Amazon and iTunes giftcards (min. $20).
Betterhash–BetterHash is a cryptocurrency miner. It uses the power of your PC to validate cryptocurrency transfers. You may think of it like a “virtual notary”. Depending on your CPU and video adapter performance, you can earn hundreds of dollars each month.
Nicehash Miner –A free app that allows users to earn free Bitcoin. The software works the same as the others (especially since Windows apps are software) all apps are software of some sort.