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Make Easy Passive Income with Bitcoin Mining Pools
Want to invest in crypto without having to buy them? Want to make a new passive income stream with bitcoin without having to learn the techno mumbo-jumbo of mining. While it’s not difficult to get your hands on a couple dollars worth of BTC, there’s a whole lot more money just waiting for anyone willing to learn how mining pools work. In this post, we’ll touch upon several aspects of cryptocurrency pool mining including: Why would I want to mine bitcoin? How much money can I make? Is it difficult? While this post is focused on bitcoin mining, it can also be applied to any of the 40+ cryptocurrencies that are also capable of being mined, including Litecoin and Monero.
Why Mine Cryptocurrencies?
Crypto mining, simply put, is the process of using your computer to verify transactions on the blockchain. Miners are therefore, the gatekeepers of the network. Through their mining, they secure the bitcoin blockchain and keep it functioning. Without miners, there would be no network, and therefore no bitcoin.
By utilizing computing power in this mining process, you generate the cryptocurrency. Yes, you can actually generate a cryptocurrency and earn money for doing it. In essence, it’s very similar to mining physical gold. Gold is dug out of the earth through the process of mining, and successful…