Monday, September 25, 2017

Hashflare

It has been a bit since the last post but Hashflare has changed their policy contracts are no longer forever. It is not advised to continue majority of the previous methods linked. While all three moon faucets and freebitco.in are still valid and paying the second step of turning the income into passive income is now null and void. New methods are being researched and explored.

Thursday, May 11, 2017

Small Passive Gains

Small Investments Means Small Gains
NOTE: THIS IS NOT FINISHED OR CLEANED UP! PICTURES AND BETTER INSTRUCTIONS TO COME!
If you do not plan to invest any of your own money into this project please proceed to THIS step!
This step is for investments in the $5-30 range and will start to establish a basic passive income.
During this step we will be establishing a personal bitcoin wallet, and starting a small scale investment into cloud mining. This is the first portion of the investment that a risk is present so please do not invest more than you are capable and willing to lose. All investments come with some form of risk even though I personally support this method it does not mean that profit is guaranteed. At the time of writing this you can expect about 252 Satoshi ($.14/month) per $1.20 invested per day for as long as the contract remains profitable. ROI in 9 months time 100% profit after that.

Step 1.
Obtain a bitcoin wallet. You can use various mobile apps or websites or programs my suggestion for ease is https://blockchain.info/wallet/#/

Step 2. Obtain a receiving address from your wallet.

Step 3. Transfer money from Freebitco.in to your wallet address. I suggest using the "Auto Method" which is free but it only sends payment once a week. The "Slow" method will not be fast enough for our next step and the "Instant" will cost you more than transferring to your own personal wallet then proceeding with the next step.

Step 4. Sign up at Hashflare.io

Step 5. Purchase SHA-265 hashrate. Use code: 266D3622  for a discount. Each unit is $1.20 or 0.00067777  BTC and at the time of writing this will yeild 252 Satoshi a day.

Step 6. Click the "Reinvest" option on your account. This will have Hashflare take your income once it reaches $1.20 and buy you an additional contract increasing your passive income every time it does. My personal suggestion is to target 100+ contracts via this method prior to moving on.

This concludes the first 9 months - 1 year of the investment program!

FAQ

How do you expect me to obtain 100+ contracts? That is $120 in value I only started this step with $5!
Well the easiest way to explain this is it took you roughly 1 month using the first step to buy 4 contracts. Now these 4 contracts will be able to purchase a new contract on its own in 68 days. 5 contracts will be able to purchase a new contract in 54 days. The number of days will continue to decrease as you increase the number of contracts you own. Say you continue to use the moonbitco.in and freebitco.in site and can buy another 4 contracts the next month your 8 contracts will be able to buy a new contract every 34 days! If you had 12 contracts ( about 3 months of collecting from the sites) you would gain a new contract every 22 days that is over 16 contracts in a year! If you continued this project for 6 months and bought 24 contracts you would be getting a new contract every 12 days! (not including the income from your contracts that you bought every month!) Look at this investment long term for the amount of effort you put into claiming from the sites vs the potential output the justification for following the program should be easy.

$.56 per month ? Is this really worth it?
Depends on you personally. I like to look at things with math. If you claimed 4 times a day lets say you spent 4 minutes every day making these claims. You spent 120 minutes over the course of 30 days for roughly $5 ($2.50/hour not really worth your time). However, if those minutes were spent in line, or in an elevator, waiting for a meeting, during other idle time that has zero value because you wouldn't me doing anything else it is now worth my time. 

How long will these contracts last?
They will last for as long as mining remains profitable two thing influence the profitability of the mining one is difficulty in finding a block and the other is BTC price. Typically historically the difficulty has increased over time. However, historically the price has also increased over time giving more value to smaller amounts of bitcoin. Ideally both will increase in a linear fashion and your contracts will be good forever but it is a possible risk.

Isn't Cloud Mining a scam?
90% of cloud mining is a scam maybe even more. This company has a few years under its belt has been good about its contracts and payouts but there is no way to know for sure that this company like any other is not a scam. In the early history of Bitcoin there were various cloud mining scams to be totally honest this could be one also however the company has shown their facilities and has given sufficient proof of existence to for me to support them and suggest them.

All of your posts are about Genesis Mining why are you suggesting Hashflare?
While the vast majority of my posts are about Genesis Mining they have the higher minimum investment. Genesis starts in the $30 range for a contract while Hash starts at $1.20 making it easier and quicker to get your money working for you. Do you really want to spend 6 months collecting on the two sites to buy your first contract? I promise the next  investment step will be using Genesis Mining!

Zero Investment: Building a Base

Zero Investment Guide to Making Money!
This is the step by step process to get started in zero income investing. It requires nothing but time. This first step is for the skeptical and people who do not have an initial investment to risk. Over the course of a month you will be making about $3 worth in value if you visit both sites 4 times a day. After the initial set up the visiting the sites should take you no more than a minute. Once you have $5-20 worth of BTC in your freebitco.in account (or are willing to invest) proceed to part 2 Small Passive Gains.

Step 1. 
Register an account on freebitco.in! Leave the referral ID in place it cost you nothing and I pay back a portion of my bonus to all users! 

Step 2. 
Roll for free Satoshi (parts of a Bitcoin)! Typically you win $0.002 per roll but the top prize is equal to $200! Roll as frequent as every hour or at your convenience. First and primary goal is to obtain .0003 BTC so you can capitalize on their banking feature!

Warnings: The site does offer gambling. Gamble at your own risk the primary goal is to obtain 30,000 Satoshi or .0003 BTC so you will start gaining interest daily like a bank!

Step 3
Obtain your deposit address. This can be found by clicking on the large green button you will get your own deposit address that looks something like this! 

1BfqSiaeLJWejwKYeqRMj8ChXh2jcnunxB 
Be sure that you copy your own address and do not use mine. However, tips are welcome and appreciated! This deposit address will be used to avoid transaction fees allowing you to collect money from other sources and not have to worry about high transfer fees! More can be read about this HERE!


 Step 4.
Using your deposit address register on moonbitco.in!

Step 5. 
Claim your Satoshi at your convenience! When you have over 25,000 Satoshi ($.46 at the time of writing this) on Sunday it will be deposited to your freebitco.in account! It is important to collect at least once per day (suggested 3-5 times a day) because the site offers a 1% bonus per day up to 100 days in a row. Meaning 100 days into claiming you will be earning double what you got at the start! Payout rates and efficiency can be found HERE!

This concludes the first 1-3 months of the investment program!


FAQ!

How do these sites work? Are they scams? 
I have multiple payouts from both sites. They are well established in the crypto-currency community. 
Freebitco.in is invested in multiple forks of business. They sell advertisements, mine bitcoins and run the gambling site. They basically have three methods of income so I personally feel safe investing in them. Additionally a small compound interest that equals 4% annual is not an unrealistic interest rate so their promises are tangible. 
Moonbitco.in is a Faucet type web page they make Satoshi for you visiting their site from advertisers they then take a portion of this payment and give it out as a reward for the views. They are very reputable and have a large history of paying on time. They are a business they have zero reason to cheat you of anything because they are making money off of your use.

What happened to the passive income?
Nothing is totally free, this method is a zero investment method so you can expect to put in some work to make money. This first branch is to establish a pool for investments and to start an initial bankroll. The next step will be focused on taking your new found wealth and putting it into a passive income. If you want to dump money directly into an investment wait for the future guides I offer as the expansion to this one. I will be including guides in the future for small investments $20-200, larger investments of $250-1000 then finally personalized plans at +$10,000.

How much is the BTC I have worth?
The market is ever changing to get a very quick grasp of how much you your BTC is worth use THIS it is not 100% accurate but will give you a good gauge.

What do you get out of making this free guide? Why give away money? 
Well, I am not a charity there are referral codes on all the links and the websites do offer bonuses based on referred members. So while this guide is free to you I make small bits of change off of your gains but trust me none of this hurts your bottom line! Actually for freebitco.in it is exactly the opposite I pay out a portion of my referral bonus back to the members so you actually make more money as my referral!

Why don't I strip the referral code off the links?
You are welcome to do just this. I would prefer you do not because while this method does seem simple it has been researched and tested and crowd sourced for simplicity and understanding. I have spent countless hours making this easy to understand more hours reviewing and testing various payouts. Consider it my fee.

So everyone is making money off of me? 
Yes, but it is best not to look at it that way. Are you going to start a gambling site? Are you going to start a faucet? Do you want to do the marketing and media management for it? Personally, I look at is as I am one of many business partner to these sites without users like us they would not exist but without them we would not be making nearly free money.

These advertisements claim I can make tons of money! Why are you not suggesting using them?
I would bet they are a scam a hypi/ponzi/pyramid very high risk methods with a slim chance of payout if any. Use them at your own risk. Write me a comment if you suddenly become a millionaire with proof of payment and a picture of your new jet!

Hashflare

It has been a bit since the last post but Hashflare has changed their policy contracts are no longer forever. It is not advised to continue ...