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!