How to earn a profit mining Bitcoin and Ether

For the past several months, miners around the world have been extremely active, which can be seen through spikes in hash rates that coincided with a significant increase in the prices of cryptocurrencies. At the beginning of 2020, Ether (ETH) could be bought for $130, and now, ETH has reached $500. The king of cryptocurrencies, Bitcoin (BTC), added almost a cool $10,000 to its price. So, how can users engage with the industry? What has been obvious for some time now is that solo mining is not the way to…

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How to build a crypto mining rig in 2020 to earn Bitcoin and Ether

In a time of global crisis, a pandemic, and a generally unstable political and social environment, cryptocurrencies have shown remarkable stability. Moreover, the pandemic-induced economic downturn played into the hands of the industry by not only attracting professional cryptocurrency traders but also reviving mining as a way of generating passive income.  It is not surprising that countries experiencing difficult political and economic situations have witnessed a boom in the purchase of GPU cards in recent months. In the region of Abkhazia, where all crypto activities have been illegal since 2018,…

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Fortnite Fans Race to Earn ETH-Based Rewards on Reddit, Crypto Users Saunter

Within days of launching on the Rinkeby testnet, Reddit’s Ethereum (ETH)-based Community Points rewards system has seen more than 10,000 addresses created. Reddit’s points were rolled out across two subreddit communities pertaining to the topics of the popular video game Fortnight (r/fortniteBR) and cryptocurrency (r/cryptocurrency) from March 13 to March 15. Perhaps surprisingly, over 80% of wallets created on the testnet so far represent the Fortnight community. Reddit ‘Community Points’ wallets tag five-figures Within three days of completing its rollout, over 10,000 users have signed up to receive Reddit’s Community…

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Making Money on Lockdown: 5 Effortless Ways to Earn Cryptocurrencies Online

The various government responses to the coronavirus caused a lot of havoc across the global economy and millions of people are now out of work. A number of nation states have not lifted the lockdowns and no one’s really sure when the slew of shutdown industries will open again. While people are out of work they might find interest in the multitude of methods available that individuals can use to earn digital currencies online. The following is a comprehensive list of how to safely earn cryptocurrencies on lockdown by invoking…

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Passive Income in Crypto Is the New Way to Earn

First, there were property rents. Then came interests. As modern civilization evolves, people always find new ways to earn money without actually producing, or even doing all that much. This concept is today known as “passive income.” Technological progress also expanded the meaning of passive income. Today, people can claim YouTube advertisement revenues, dropshipping and even creating online courses as their favorite way to earn passive income. Lennix Lai, the director of financial markets at OKEx, believes there is another method to add to this ever-expansive list: crypto staking. He…

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Litecoin Foundation Partners With Cred to Let Holders Earn Interest

Litecoin Foundation is partnering with Cred to offer interest on Litecoin (LTC) collateral, a Feb. 10 press release announced. Cred customers can lock their coins with the provider to earn up to 10% annual percentage rate. Thanks to the strategic partnership, LTC holders will be able to lend their cryptocurrency at lucrative rates, similar to the various decentralized finance (DeFi) solutions on Ethereum. To benefit from the interest, a commitment of six months is required, with monthly interest payments in either fiat or cryptocurrency. Other Cred partners such as Bitcoin.com,…

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