[Earn More Bitcoin] How to make and redeem 100% monthly interest in BTC with InflationCoin (IFLT) Proof of Stake Mining

willio (35)in #bitcoin • 7 years ago

When it comes to earning spare Bitcoins, many people have tried standard proof of work mining or other alternative investment methods to earn consistent income. While some of them still work after breaking even on the initial hardware such as Ethereum proof of work mining still being profitable, I'm going to go over an alternative method that involves purchasing high interest proof of stake coins which operate as virtual miners/network nodes to build a high yield profit account on a blockchain that will give you consistent income throughout the year. The example I'm going over is InflationCoin (IFLT) which has a compoundable 800% annual interest rate on new coins generated for the first year, and there is also another high interest coin this method is recommended for known as Embercoin (EMB).

1. Purchase IFLT on Yobit Exchange (https://yobit.net/en/trade/IFLT/BTC)

First, purchase some IFLT using the Bitcoin trading gateway at Yobit exchange. If don't have Bitcoin there are various methods to purchase through a debit card, bank transfer, or Paypal as described here. A recommended starting amount to collect staking interest is 15-20 million coins (depending on price .2-.4 BTC), or higher depending on the amount of coins you'd like to generate in a short time period. Use the Yobit buy order form to request a bulk of altcoins based on the amount of Bitcoin in your balance.

2. Download Personal Software Wallet and Transfer assets

Next, download the personal home software wallet from the latest update given on the Bitcointalk thread (https://bitcointalk.org/index.php?topic=1710214.0), and after following the folder setup instructions in the included readme file, send a transfer of coins from the exchange wallet to your Blockchain's account address. Make sure to use the given addnodes in the config file to properly connect to the network. Once connected to the network, the coin transfer should process simultaneously when sent from the exchange.

After 24 hours with the wallet online, the transferred coins should begin staking and collecting interest at a normal rate as shown below (2.2-2.4% daily), the interest will continue until the max supply is reached or completion of interest period.