Bitcoin continues to rise steadily. It is even beginning to feature in the mainstream news and media. I have also had increasing numbers of friends who previously told me Bitcoin was a ponzi scheme, now calling me and asking how they can sign up to exchanges and buy crypto.
As the price has gone up, it has also improved the profitability of Bitcoin mining. I am now earning double my previous earnings on a range of crypto currencies such as Bitcoin, Ethereum, Nimiq, THETA nodes and others.
For example, I use Cryptotab which was earning me a couple of dollars a day. It is now earning almost $10 a day. Not bad for running a few mining rigs and old computers at home. It also helps you build a network of friends and family, as each person who signs up using your link, you get a small % share of their mining earnings. Certainly worth a look, as I think the price of Bitcoin will only to continue to rise over the long term. There will still be short and medium term price changes, perhaps large falls, but I think it is best to mine, earn Bitcoin and crypto as well as buy through dollar cost averaging.
A similar mining program is called Honey Miner. Like Crypto tab you can run it on old or ordinary computers. I run quite a few old desktops and laptops, I buy them off Gumtree, and then simply let them run in the background, and the crypto currency earnings just trickle in every day. I am doing this for the long term, at least five years, as I think crypto prices will appreciate significantly over the long term, particularly with the increasing interest from mainstream banks, investors and news channels. Once again, you can earn a little % of the earnings from your friend's and families mining using this program.
If you are relatively new to crypto currencies, or even quite experienced, I highly recommend subscribing to Nugget's News on Youtube. Here is the link to Nugget's News, a very informative, yet down to earth crypto channel. I would recommend listening to their videos and accessing the free research and education resources on their website, prior to buying and investing in crypto currencies.
And this Youtube video below, another good channel to subscribe to, deals with all the different methods of mining and staking crypto currencies, but this particular video deals with how it is becoming more profitable to mine Bitcoin or earn Bitcoin through mining other crypto currencies mainly due to both the rising price and the rising interest from the average person and the mainstream media.
Let me know what you think :) Give Cryptotab and Honey Miner a go too :)
