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At the time of writing this article, about 16.7 million of these Bitcoins have been successfully mined, leaving more than four million on the table for Bitcoin miners.One thing you will need to know about Bitcoin mining prior to getting into it is that the difficulty increases over time. In other words, it is going to require more time and more computing power to generate each subsequent Bitcoin.

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By now, however, the difficulty has gone up so much that much more specialized equipment is needed.One way to approach Bitcoin mining would be to do it on yourself. To try it, youll need to invest in a Bitcoin miner. Bitcoin miners are external devices that provide the necessary computing power to produce Bitcoin in todays high-difficulty environment.

Little USB miners start at under $100, while bigger, more powerful mining devices can run into the tens of thousands of dollars. Even though the initial investment of buying a Bitcoin miner can be fairly big, it allows you to create your own steady stream of new Bitcoin until the whole 21 million has been reached.If you opt to start mining your self, be sure to keep the peripheral prices in mind.

If you've got a massive miner that generates a substantial amount of heat, you can also need to install a cooling system to keep it running correctly. Together, these costs can eat up much of their gain margin in Bitcoin mining. Fortunately, if Bitcoin continues to appreciate in value, these peripheral prices will eventually be compensated for retroactively during that appreciation.If you dont want to go to the initial expense and hassle of setting up your own personal Bitcoin mining operation, you can still get in on the action with what is known as contract mining.

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This contract will last for a certain length of time, and all Bitcoin mined during this time on the equipment youve contracted will be sent to your Bitcoin wallet. Some of the most major contract mining solutions are Genesis Mining and Hashing24. Contract mining is an easy and passive way for you to collect Bitcoin, though it is going to cost more over the long run than having your own Bitcoin mining equipment. #2 Complete Micro-tasks for BitcoinThough mining allows you earn Bitcoin quicker than any other method, its high investment threshold means it wont be acceptable for everyone.

Micro-tasks are modest, simple actions, such as viewing an advertisement or engaging with a post on interpersonal media. Although the pay is normally very low, micro-tasks are most likely the easiest way to get into Bitcoin.One of the best places to go to begin using micro-tasks that pay in Bitcoin is CoinWorker, a marketplace that specializes in these tasks.

Though many jobs on CoinWorker pay as little as $0.03-0.05, some do pay over $1.00. Tasks listed on CoinWorker are normally quite simple and take only a few minutes to complete.There are also several websites that will pay you small amounts of Bitcoin for viewing advertisements. As with other micro-tasks, these actions pay very tiny amounts of Bitcoin, but are incredibly easy to perform.

Some of the greatest sites that allow users to view advertisements in exchange for Bitcoin include CoinAdder, Ads4BTC and Advercoins. #3 Bitcoin FaucetsBitcoin faucets are somewhat like micro-tasks in the sense that they pay very small amounts of Bitcoin in exchange for a small amount of your time often around 1 Satoshi, which is a hundredth of a millionth BTC.

Bitcoin taps cover amounts that are almost too small for many users to bother with, but theyre a fantastic way to break into the universe of Bitcoin and start to realize a little amount of cryptocurrency in your digital wallet.  Moon Bitcoin is one of the most popular of those faucets, but there are many others on the market, including FreeBitcoin, Bitcoin Zebra and Daily Free Bits. #4 Invest in Bitcoin and Bitcoin DerivativesOne of the most interesting developments in Bitcoin over the past few more helpful hints years has been its emergence as a rather common investment asset.

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As one may imagine, investment is one of the more rewarding methods of making money with Bitcoin.The most fundamental form of Bitcoin investment is buying and holding Bitcoin until its price goes up enough to turn a profit. Thanks to its high level of price volatility, Bitcoin has generated some incredible gains for investors that pursued this plan early on.

Obviously, this can be an extreme case, but it does demonstrate just how profitable Bitcoin investment has been for some traders who have been willing to maintain their investments for long lengths of time.One of those issues that has plagued Bitcoin investment in the past is the absence of reliable exchanges.

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