There are a few ways to get free crypto. Nothing is truly free in our society, but there are ways to bypass traditional transactions in order to bring in free Crypto. I’ll be discussing 3 of those below. Some of these are great ways to sit back and watch crypto add up without doing much of anything.
Becoming a crypto miner would be one way of collecting free crypto. Mining Bitcoin uses computational power in a competition with other miners to figure out one block. The miner who wins gets paid in Bitcoin.
In 2019 a Bitcoin miner gets paid 12.5
Bitcoin if they win, while Ethereum gets paid 3 Eth.
For Bitcoin the amount of hardware and power consumption it takes to
viably compete for the blocks is cost prohibitive for most people. There may be alt coins that are up and comers
that are still a good mining opportunies.
Miners started by using CPU power, then they found out that Graphics cards could perform this quite a bit faster.
there are chips which are specifically made for the hash algorithms and take a
lot less power consumption. If you look
up ASIC chips you can find pricing etc. Free crypto through mining Bitcoin
isn’t what it used to be, but with some digging you may be able to find a niche
for collecting coins.
Airdrops perform a dual purpose for Crypto companies. First of all it brings advertisement to new coins by giving people ownership in their company.
Airdrops give people loyalty to more established companies who the airdrops are
When a Crypto forks it can also act like an airdrop. When Bitcoin forked, and BCH was established
those who held Bitcoin suddenly were holding BCH. In 2019 terms each BCH coin is worth
$164. Holding coins that produce forks
and airdrops can bring in free crypto and thus keeps your loyalty.
of Stake coins gives the little guy a chance at free crypto. All you need to do is buy the coins, put them
in your wallet, then fire it up on occasion in order to be part of mining a
block. You can also join a pool such as Gpool so you don't have keep your computer up 24/7. This means you don’t have to use
up electricity, buy ASIC chips or any other forms of hardware. This can be very lucrative depending on which
coin you are participating in.
Coinbase will give you free crypto for watching training videos. The videos I watched were short and provided good information on coins such as EOS and BAT. They will also give you free coins for bringing people to Coinbase! Check that program out.
Free Crypto can be a misnomer as nothing in life is truly
free, but if you are smart and follow a good strategy and use good sense, you
can bring in crypto and increase your profits.
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