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What is Bitcoin?

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.



Creating a new bitcoin wallet takes literally a few seconds. You will be able to send and receive payments immediately - coinbase.com
Dogecoin is an open source peer-to-peer digital currency, favored by Shiba Inus worldwide. Start using dogecoin - dogechain.info

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This year we saw the bitcoin rise at an amazing rate, it got up to $1,104. It also had a drastic fall back to $776. As at writing this article it has risen to $804, that’s approximately N252,657. It’s going to keep rising, that’s why the best time to invest in bitcoins is now. how to earn bitcoins Earn bitcoin fast NEW WAYS OF EARNING BITCOINS FAST I’m going to go list some and add a brief description, more will be updated so keep checking back for updates. SELLING YOUR STUFF ONLINE –>Bitify : A great way to easily earn Bitcoin quickly is by selling your stuff you have laying around for Bitcoin. It can be a digital product, ebook, or even a physical product like a wristwatch. It’s a site very similar to Jiji or OLX where you can list your new or used items for sale. However, Bitify is a bit better as they do not charge you anything if your item doesn’t sell and if they do happen to sell, they only charge 1% of the total cost. Bitify allows you to accept both Bitcoin and Litecoin as payment. You’re sure to gain Bitcoin faster and easier this way. Many are currently using this website to gain a tonne of cryptocurrency. 2. OPENING A BITCOIN SAVINGS ACCOUNT Just like in our local banks where some percent of interest is added to our money monthly for opening a savings account so it is also with a bitcoin savings account. You can get as much as 2.1% interest for doing nothing. It’s not a hype, it’s real and people have been earning from this. —> Magnr: This is Bitcoin Trading, Savings and Investment website, they have been in operation since 2013. It’s the smarter way to Invest and earn interest. You will have to open up a Bitcoin savings account with Magnr. Currently, they only have a savings account for Bitcoin. However, they are working on opening savings accounts for other cryptocurrencies. Joining now you will get you a promotional rate of 2.1% interest a month with NO service fees. 3. CLOUD MINING BITCOINS AND OTHER ALTCOINS Experts have said that CPU mining is no longer profitable, it is true, but cloud mining is still very profitable. Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with access to the internet and suitable hardware can participate in mining. In this case, you will be mining without hardware cause it’s going to be in the cloud. EoBot – This website provides its users with Online Cloud Mining for Bitcoin and several other cryptocurrencies. Not only do they offer cloud mining but currently have a high paying Bitcoin faucet as well! The best thing about this site is that you can use your Free Faucet winnings to get cloud mining contracts and mine coins while you sleep, you can also purchase a mining contract at a low cost, you’ll be receiving Bitcoin on daily basis! If you keep purchasing cloud mining contracts with your Free faucet earnings, you’ll be earning a lot of Bitcoin, FREE! 4. SHORTEN LINKS AND GET PAID IN BITCOIN If you are currently using services like Bitly or adFly for shortening your URL links, well there’s this new website called CoinURL that lets you earn Bitcoin for every click you get from the shorten links you create. Simply turn any content you create into Bitcoin: website, blogs, tweets, forum posts, torrents, images, etc. Advertisers pay out the largest part of the funds to you! So why not get paid for doing something you are currently doing already for free? 5. JOINING AD FAUCETS SITES There are sites that will pay you just for clicking on ads and viewing websites, it’s that simple. You can earn up to 1000satoshi for a single click. –> EarnFreeBitcoins: this is a service in which you earn small amounts of Bitcoins in exchange for visiting websites for a designated period of time. You may be required to spend anywhere from one minute, up to five minutes or more on each sponsored website. Payments are queued up and automatically sent to you once you have reached the minimum threshold (default: 55 uBTC). 1 uBTC = 0.000001 BTC. A Note from Me: that’s not all, I’ll continue to update this posts with the best ways to earns Bitcoins for Free. Sign up to our Newsletter below and get updates anytime I ad
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