Getting Some Bitcoins In Your Wallet

I am sure that everyone that involve in cryptocurrencies would like to have some bitcoin, even it they prefer some of the other alternative coins. Bitcoin mining has long gone beyond the reach of the most people. Gone are the days when your home computers or laptops to get you some satoshis. Bitcoin mining is now for the big boys, it's in the hands of the wealth, those who can afford to invest the tens of thousands dollars need, to put in place the types of mining rigs require to do profitable mining.

Cloud Mining

Cloud mining is one way to go, but first you need to find one that works well. Most of these sites, many popped up overnight, may takes some time to deliver any real return on your investment, sometimes six months or more. Many of you will never see any earnings, as these sites will often stop paying before you have sufficient amount to withdraw, as normal a threshold that you need to reach to get coins.

Mining Rig Rentals

The use of online mining rigs to mine doesn't work. You more likely to lose what you have paid for the rental, even if the rigs performed at the optimum hashrates, that they advertised to be, although most of the times they performed below. Even using the most cost effective rigs it will never be profitable and the only persons to gain are those that own the rigs and the mining service that the rigs are rented.

I have used these rigs more than a dozen time and every time the amount I gain for the pools that I use were much less than what I pay for the mining rig over a 24 hours period. So why have I used them so much time, you may ask. OK, It because for me to get the coins that I mined I need to get to a threshold before I can withdraw them. Maybe they were best left at the pools

Bitcoin Purchasing

Buying some bitcoins or a proportion of a bitcoin (satoshis) is an option, it is however expensive, considering the current price that bitcoins are currently trading at and at this price you will need to have confident in the price continue to rise, once you have purchase them, bearing in mind the all cryptocurrencies are volatile and they can change directions at any moment in time.

The Faucet Options

Faucet are an option, performing small task to earn some satoshis, but this is a very slow process in gain adequate amount, you may take years before you eventually earn a bitcoin.

Investment In Alternative Coins and Trade

One of the many other solutions to get some bitcoins in your wallet, is by investing in some of the many alternative coins such as steem and trade them once the price is right for bitcoins. this probably being the best solution.

#Bitcoin #Money #Crypto