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

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

Little USB miners start at under $100, while larger, more potent mining apparatus 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 flow of new Bitcoin until the full 21 million has been reached.If you opt to start mining your self, be sure to keep the peripheral costs in mind.

In case you have a massive miner that produces a substantial amount of heat, you can also have to install a cooling system to keep it running properly. Together, these costs can eat up much of their profit margin in Bitcoin mining. Luckily, when Bitcoin continues to appreciate in value, these peripheral costs 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's 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 will cost more over the long run than having your own Bitcoin mining equipment. #2 Complete Micro-tasks for BitcoinThough mining lets you earn Bitcoin faster than any other method, its high investment brink means it wont be suitable for everyone.

Micro-tasks are modest, simple actions, such as viewing an advertisement or engaging with a post on social media. Although the pay is normally very low, micro-tasks are probably the easiest way to get into Bitcoin.One of the greatest places to visit get started with micro-tasks that pay in Bitcoin is CoinWorker, a market that specializes in these tasks.

Though many jobs on CoinWorker cover as little as $0.03-0.05, some do pay over $1.00. Tasks listed on CoinWorker are normally quite easy and take only a few minutes to complete.There are also several websites that can pay you little 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 best sites that allow Recommended Reading users to view ads in exchange for Bitcoin include CoinAdder, Ads4BTC and Advercoins. #3 Bitcoin FaucetsBitcoin faucets are somewhat like micro-tasks in the sense that they cover tiny amounts of Bitcoin in exchange for a small amount of your time often around 1 Satoshi, and it is a hundredth of a millionth BTC.

Bitcoin faucets pay amounts that are almost too small for many users to bother with, but theyre a good way to break into the world of Bitcoin and begin to realize a little amount of cryptocurrency in your pocket.  Moon Bitcoin is one of the most popular of those taps, however there are many others on the market, including FreeBitcoin, Bitcoin Zebra and Daily Free Bits. #4 Invest in Bitcoin and Bitcoin DerivativesOne among the most interesting developments in Bitcoin within the past few years has been its emergence as a fairly popular investment asset.

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As one might imagine, investment is one of the more rewarding ways of making money with Bitcoin.The most basic form of Bitcoin investment is buying and holding Bitcoin until its cost goes up enough to turn a profit. Thanks to its high degree of price volatility, Bitcoin has produced some incredible gains for investors who pursued this plan early on.

Of course, this is an extreme example, but it will demonstrate exactly how rewarding Bitcoin investment has been for some traders who've been willing to hold their investments for long periods of time.One of those issues that has plagued Bitcoin investment in the past is the absence of reputable exchanges.