HOW TO EARN BITCOIN AND OTHER ALTCOINS THROUGH MINING



The fundamental way of generating and accruing bitcoin or any other altcoin/cryptocurrency is by mining. Other ways include investing in programs, trading and engaging in affiliate programs.

I remember I mentioned way back in the group that a major difference between digital money (cryptocurrency) and paper money (fiat currency) is that the latter is printed while the former is mined.





Mining requires super computers, constant electricity, and loud rigs that need a lot of space and intense cooling. The setup is too complicated and maintenance too high for an individual to want to embark on all by himself.

Without mining, transactions cannot be done via bitcoin or any other altcoin. This is why a miner’s fee (transaction fee) is charged for every transaction on the blockchain network.

Now, Genesis mining has come to make mining easier and possible for everybody interested in a long term passive income through this process.

Genesis Mining offers you a smart and easy way to invest your money by renting out mining hardware from their large-scale bitcoin mining farms. Their bitcoin mining system is suitable for those who are new to the world of cryptocurrencies, as well as for cryptocurrency experts and large-scale investors. The amount of mining power/hashpower you acquire determines how much coins you generate for yourself.

All other things you need to know are in my YouTube videos:

 http://youtu.be/lEIxm4KXK4A?hd=1

 http://youtu.be/MxE3EzUZ1Sc?hd=1

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