Not interested in buying expensive Bitcoin mining equipment? No problem, you can mine Bitcoins for free in various ways. Many say that it is currently not profitable for individuals to mine Bitcoin, that is true, but with our tips it is definitely possible!
Bitcoin mining is the process of adding new transactions to the Bitcoin blockchain and is rewarded with new bitcoins. However, it can be a costly and complex process for beginners. Luckily, there are options for those just starting out to mine bitcoins for free. Websites such as Bitcoin Faucet and FreeBitcoin offer small amounts of bitcoins for completing simple tasks such as solving captchas or watching ads. Another option is joining a mining pool, where multiple miners combine their resources and split the rewards. While the amount earned through these methods may be small, it’s a great way for beginners to learn about the process and potentially earn some bitcoins without a large investment.
What Bitcoin mining software do I need?
To mine your own Bitcoins or Altcoins you need 3 things. A computer, laptop or phone, mining software or app and a Bitcoin/Crypto wallet, which you will need later to payout your earned Bitcoins (Satoshi’s).
Bitcoin mining software (Desktop/Laptop)
Do you have a laptop or computer? Put it to work for you in the background and you will earn free crypto. The faster your computer, the faster you can earn.
- CryptoTab Browser – Is a web browser that allows users to mine for Bitcoin while browsing the internet. It is a free, open-source browser that is built on the Chromium platform and uses a mining algorithm to harness the power of a user’s computer or mobile device to mine for Bitcoin. The mining process occurs in the background while the user is browsing the web, and the mined Bitcoin is deposited into the user’s personal CryptoTab account. The browser is designed to be lightweight and fast, and it also offers features such as ad-blocking and a built-in VPN. Additionally, the browser has referral program, where users can refer friends to download the browser and earn a commission from their mining activities.
- StormGain Bitcoin Cloud Mining – A service offered by the cryptocurrency trading platform StormGain, which allows users to participate in Bitcoin mining without having to purchase and maintain their own mining equipment.
- RollerCoin – A massively multiplayer online (MMO) Bitcoin mining simulation game. Players compete against each other to mine virtual bitcoins by solving complex mathematical problems, and can use the virtual bitcoins they earn to upgrade their mining equipment and increase their mining power. The game also includes features such as an in-game marketplace where players can buy and sell virtual mining equipment, and a referral system that allows players to earn bonuses for inviting friends to join the game. The goal of the game is to become the top miner on the leaderboard.
Bitcoin mining apps for your cell phone
Fabulous! Bitcoin mining with your phone is impossible, but with the arrival of Electroneum and Phoneum App, we can earn crypto again with our cell phones.
Pi is a new digital currency developed by Stanford PhDs, with over 10 million members worldwide. To claim your Pi, follow this link https://minepi.com/gratiscrypto and use my username (gratiscrypto) as your invitation code.
- StormGain Mining App – Simple and easy cryptocurrency mining with the iOS and Android
Check out the full list of mining apps
Bitcoin Cloud mining
For those of you who don’t know what Cloud Mining is? Very simple, you make Bitcoins in the Cloud and you don’t need a computer only a browser. This way of mining Bitcoin is not free in the beginning, but if you refer many friends (referrals) it is. You basically rent a piece of computing power (computer in the cloud) to mine Bitcoins or Altcoins. If one of your friends rents computing power you get 10-50% of his earnings, then you can continue to mine for free with those profits.
Refer your friends and get 50% more Bitcoins
Do you have a lot of friends on Facebook, Twitter, LinkedIn or wherever? Great, try referring as many of your friends as you can with your unique referral code (referral code). Your earnings will double! If your friend earns 50,000 Satoshi, you get half of that, just for free!