Is Bitcoin a Waste of Electricity, or Something Worse?
Enjoy this article about Bitcoin, I am merely sharing with you. Is Mining for Crypto a waste of energy? I myself can say that for a small time marketer getting started that, Mining for bitcoin or any other crypto currency for that matter, can help you to generate some income on autopilot. But you are not going to get rich from mining alone. It helps you when your staring out, but the big guys have thousands of dollars invested in their operations.
These Guys Play It Smart
If ever find myself in a situation where I am going to start a crypto mining operation then I too am going to look around the country for a location where I can mine for crypto currencies at the lowest possible cost. It just makes for good business…it cuts your over head. That’s more profit for your bottom line.
Read this:Is Bitcoin a Waste of Electricity, or Something Worse?
America has a productivity problem. One explanation may be the growing use of real resources to make virtual products.
Faucethub Is A Free Site For Crypto Faucets and More….
Faucethub is a free site that I use to collect Crypto for free from.
You can use Faucethub to collect from free Crypto faucets,complete offers and surveys for Crypto. I use it mostly to collect from free faucets.
Faucethub is actually a micro-wallet
Many Crypto faucets pay out immediately but only if you are signed up for a wallet or micro-wallet that they have specified that they use.
A micro-wallet is a place where Faucets store their crypto until payments are made. You almost always must reach a payment threshold before you can cash out. This is how it works:
You visit a faucet that states that it will pay out immediately to your Faucethub account or for those of you using coinpot account.
The faucet owner then sends a message to faucethub whom then sends a message to Microwallet.org this lets the system know that those crypto are owed to someone and they are removed from the blockchain until payment is made to the recipient’s Crypto wallet address.
The Crypto that you collected is stored until you reach the micro-wallets payment threshold.
When you reach the payment threshold and request payment, the crypto is then released from storage and sent to you. This then puts that back into the blockchain.
CoinPot and Coinbase Work With Faucet Hub
You can use Faucethub to collect free Crypto from many faucets but you must 1st have a wallet set up else where.
Coinbase works with Faucethub great. All you need to do is set up your coinbase account and link your Crypto wallets to it. You can join here:
Coinpot also works well with Faucet Hub. You have to do the same with coinpot. You can join here: Coin Pot Micro-Wallet
There is one exception though, to link your Bitcoin cash wallet address from coinpot you have to use a conversion tool to convert your address format. You can do that here: CashAddress Conversion
Both of these will work with FaucetHub as well as with each other.
You can also earn $10 for referring others to Coinbase!!!
Coinbase does not have a payment threshold as far as I am aware. Coinbase is actually more like a brick and mortar bank. Like your physical bank, coinbase offers you the same types of services. Coinbase is the best option for you if you want to be able to use your Crypto where ever you choose.
Coinpot has a .0001 threshold, meaning that your balance must be at least .0001 before you can withdraw your BTC.
Faucethub has a .01 threshold, meaning that your balance there must be at least .01 before you can request a withdraw.
Even though the payment threshold for Faucethub is so high, I believe that it is a site that one must join in able to collect as much BTC as possible for free!
As always until next post have a great and prosperous adventure. Don’t Forget To sign-up for my news updates…Over in the side bar and get your free E-book.