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If youre really serious about making a living with Bitcoin, however, one of the best methods to do it is to be a developer for its growing number of websites and digital systems which use Bitcoin and other cryptocurrencies. For each new website which decides to accept payment in Bitcoin there's a potential opening for a developer with a specialized knowledge of Blockchain.
To begin with, youll need a strong understanding of computer science, mathematics and computer programming. From that point, youll also need to become knowledgeable in the technical field of blockchain. Realistically, you should expect to return to college to earn a computer science degree if you havent done so already.With such a large threshold for entry, you may be wondering why becoming a blockchain programmer is worth your time.
The average salary of blockchain programmers comes in at about $80,000, whereas top notch developers can command salaries in excess of 300,000. This big earning potential can be tied to growing demand. Together with Bitcoin becoming more and more well-known with each passing day, the number of companies investing in blockchain technology could increase substantially over the next few years.
Whether its Bitcoin investment plans or how to properly set up a miner, there are those around who will be exceedingly interested in learning from the experience. If your content is good and you have valuable information to teach, you can even end up making a decent amount of money form helping other people learn about cryptocurrencies.One approach to get into teaching about Bitcoin would be to make YouTube videos relating to it.
If your channel becomes a more favorite source of Bitcoin and cryptocurrency information, this stream of income may even add up to being quite appreciable.If video content isnt your strong suit, you can even write articles about the ins and outs of Bitcoin. These posts can be submitted on your own site, or guest posted on another site in the Bitcoin niche.
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Online classes are a great way to earn some excess money, but they take quite a little time More about the author and effort to put together. If youre going to make a course, your best option for marketing and selling it is to place it on Udemy, a user-generated course content website.
Whatever you do, make sure that the advice you are offering is valuable enough to make it worth paying . If you produce a sub-par class filled with information that could be found using a simple Google search, you arent likely to make much money from it. #11 Earn Bitcoin by Playing GamesWhat better way to end this review of the different ways of earning money with Bitcoin than on the fun note of playing games Games that pay out in Bitcoin are extremely similar to taps in they pay very tiny amounts of Bitcoin and generate a profit through advertising.
If you're in the habit of playing mobile games, then consider finding some games which will pay you little increments of Bitcoin to reward you for the time you spend on these. Even though it doesnt amount to much, its still better than playing with a game for free.The class of Bitcoin-based gaming also includes electronic casinos which use Bitcoin as a currency.
Like any other casino, the odds will always be in favor of the home. If youre fine with losing some Bitcoin and only want to have some fun, however, theres nothing wrong with giving this kind of gaming a try.ConclusionAs you can tell, the ways in which you can profit from the rise of Bitcoin are virtually infinite.
Best of all, the entire potential of Bitcoin is probably far from being realized. As cryptocurrencies start to enter more widespread use as financial instruments and everyday methods of payment, the opportunities to earn money with them will only continue to increase.The following two tabs change content below.My name is Jamie Spencer and I have spent the past five years building money making sites.
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Since then I've launched lots of successful niche blogs and after selling my survivalist site I decided to teach other people how to do exactly the same. .
All you need to begin earning would be a Bitcoin address for receiving payments. We don't collect any of your personal informationnot even your email address. It doesn't get simpler than this.
We're always adding new, interesting content. You're free to choose what you want to do. Earn bitcoin anytime and anywhere, whether from the computer or by your mobile device.