How to Get Bitcoins
There’s no such thing as easy money
There you have it; this is the full array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins.
I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in return for sales you bring in.
Even though running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a small quantity of Bitcoins every few minutes.
There is always the possibility of completing micro tasks in order to get paid small amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.
Writing about Bitcoin
Writing about Bitcoin requires time, knowledge and the ability to write in the required language (usually English). Through writing, you can start making a nice income depending on where you choose to write.
BitcoinTalk Signature Campaigns ($2.67/hour on avg.)
Somewhere around mid-2014, BitcoinTalk started running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The complete list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people saying just “thank you” or “awesome post” and not adding any actual content.
You get paid according to your membership level on BitcoinTalk. Usually, anyone under a full member won’t get paid that much or paid at all. To becoming a full member, you’ll need at least 120 posts under your belt, and then you can start earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with 60 or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.
Seeing as writing a constructive post of at least 60 words takes a minimum of five minutes, my guess is that if you work for 24 hours straight, you can make 0.144BTC. So you’ll be making $64.08 for 24 hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts allowed per week” policy, so you may not be able to work a full 24 hours.
Writing for blogs and news sites ($31.25/hour on avg.)
If you think you have enough knowledge to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to fill up a daily quota of posts, and they are desperately looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your experience, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.
But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for 24 hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.
Supply Bitcoin-related services
This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:
- Blockchain developer
- Website manager
- Graphic design expert
- Mining expert
- Online marketer, etc.
Becoming a Bitcoin escrow agent
One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions. Of course, this will mean you will need to gain some sort of reputation for yourself as a trustworthy person in the community.
I can’t really put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.