Often, beginners do not understand how to make money on cryptocurrency without investments. Below are step-by-step instructions that will help everyone make a profit from mining. You should carefully study the steps below to avoid popular errors.
Step1. Choosing a cryptocurrency and a service
Cryptocurrencies are much different from each other in the complexity of mining. At the same time, their cost is also at a completely different level. Therefore, the correct choice of cryptocurrency largely determines the level of incomes received.
Another crucial point – choosing the service to make money. The growing popularity of cryptocurrencies has led to an increase in the number of mining resources in the cloud. Some of them do not use fairly (gray) methods in their activity. When choosing a work service, you should pay attention to the following features:
The term of activity
Availability of complete contact details
High quality support service, available 24 hours and responds promptly to questions
User reviews on the Internet
Step2. Service registration and software download
To register for the resources occupied cloud mining usually takes no more than 5 minutes. You will need to create verification and password as well as provide the email address for Bitcoin Revolution login. In some cases, more detailed personal data is required.
When the registration is complete, you still need to download the necessary software. It is provided by the service for which it is planned to operate or by a pool. Therefore, you will need to provide free space on your computer. Moreover, the download will take a considerable time.
Step3. Register an electronic wallet
The virtual money earned will have to be stored somewhere. For this you will need a suitable electronic wallet system. There are several types of cryptocurrency vaults:
Stationary (installed on the computer)