How Kenyans earn online nowadays via bitcoin mining

Livale

JF-Expert Member
Jun 12, 2016
739
588
Nowadays there are many avenues of earning money via the internet. Some are a scam while some are just. They come with big variations from the sportpesa millionaire to those earnig 50/= only in online print works. Today i bring you bitcoin mining.

Bitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto.It was released as open-source software in 2009. The prevailing blackmarket price for a bitcoins is $1500- $2000 per bitcoin

How to get started:- You can mine individually by accessing a custom made machine designed specifically to mine bitcoins. Such machines cost quite a fortune for their insane processing speeds but then, mining is done effortlessly. Or alternatively, you can join a mining group. with a mining group, you pool all your processing power to mine the bitcoins, which is what i want to offer you. You can start by joining this link Instant Bitcoin Earning | Earn 1BTC 1 bitcoin per simple task job of few seconds online, 1 BTC = 1500$ So make upto 10 - 20 BTC daily to monthly ,its of a mining group where you can be directed on how to mine the bitcoins and register. but for you to get paid, it's best you open an electrum bitcoins wallet

 

Please. Don't mislead people so you can get a few dollars as referral money.

In 2017 you cannot mine Bitcoin profitably. PERIOD. Not unless you have your own Data servers farm.

From some 2014 calculations, leaving your laptop working 24/7 for a month, you'll mine something like 0.0002 bitcoins. Valued at about KSh50.
That cannot even pay for the electricity.

Mining hardware will only do slightly better, yet consume more power. All these and mining is becoming more difficult by the day.

These cloud and group mining offered by some websites are not any better than your personal laptop. You'll need to pay thousands of dollars to access top computing power.

The only realistic way to make money for 99.9999% of people today is to buy bitcoin and hold, and wait for it to rise.
 

One more thing. There are some genuine group mining websites.
But the one you've linked to is a scam... BIG SCAM.
 
True that, mining hardens by the day, the Japanese are really good at screwing people's imaginations. But then, pool mining is still profitable thanks to combining the mining power. The 0.0002 bitcoins per month result from a laptop working 24/7 is if that laptop is a 1.8gb ram with a speed of 1.5. Nowadays there are far more powerful comps and if they pool their resources odds improve slightly.

So its either you pool resources or as you said, by a bitcoin and wait for it to appreciate
 

My friend. Those were 2014 figures. Now its much more difficult.
There is no mathematical way to mine Bitcoins profitably, once you account for power and machine depreciation.
Unless you are a guy with data farms with thousands of times the computing power of a laptop.

Pool mining is almost as useless as personal mining. Unless Bitcoin value increases so much overnight, you'll never make enough to justify your investment.

Just buy some Bitcoins and wait.
Or try you luck mining some of the other coins, which are also very hard.
 
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