According to the cryptocurrency exchange Coinbase, one bitcoin at the time of this writing is worth about UAH 1.4 million. Since 2020, the digital currency has grown sevenfold.

Despite the fact that cryptocurrency remains illegal in most countries, businessmen and politicians around the world invest in it. For 2020, Ukrainian officials declared bitcoins worth UAH 75 billion.

The MC.today editorial team has collected 16 ways to earn bitcoins on the Internet. More precisely, it will not be bitcoins, but parts of it - satoshi (bitcoin “coins”, 1 satoshi = 0.00000001 bitcoin. - Ed.).
We took the methods of earning bitcoins from specialized publications. But beware, there are a lot of scams in the cryptocurrency space. Therefore, when choosing a specific site, carefully check it and read the reviews.
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1. Cloud mining
   Mining is needed to complete the purchase and sale of cryptocurrency. Miners use special powerful hardware and software to find the hash code (the mathematical transformation of information into a string of a certain length. - Ed.). A hash is used to conduct a bitcoin transaction. For this, the miner receives a reward.

This kind of hardware mining is expensive and consumes a lot of electricity. Therefore, cloud mining of cryptocurrency appeared. There are special programs that use some of the power of your computer in the background. So your gadget mines cryptocurrency on the platform, and you pay it a commission for using it.

It is risky to earn bitcoins in this way on the Internet, since there are many scammers among the software providers. Here are the ones recommended by other publications:

Genesis mining
The service has over 2 million users. In addition to Bitcoin, other cryptocurrencies can be mined. On the dashboard, you need to select a suitable mining contract, but users notice that there are few of them.

The company charges a daily fee for using its service. For each contract, the prices are different, they can be viewed in the corresponding section of the site.

HashNest
The developer of the site is Bitmain, which produces equipment for ASIC mining.

There are two types of contracts on the platform. According to one of them, you immediately pay for the maintenance of equipment on the platform, and then you mine cryptocurrency. Secondly, Bitmain pays the electricity bill, and you refund the cost when you receive mining income.

NiceHash
The site does not own any computing power, it just brings buyers and sellers together. It's like a capacity marketplace. On the site you can sell your own or buy someone else's computing power of computers.
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1. Freelance exchanges with payment in cryptocurrency
   This way of earning bitcoins seems to be the most logical. It is suitable for copywriters, IT developers, marketers and other professionals who can work remotely.

There are many freelance exchanges for this purpose, such as LaborX.

On the BitGigs platform, you can sell your services or find a job with payment in cryptocurrency. Mostly one-time orders are placed here.

PublishOx is a blog site that gives content creators the ability to get paid in cryptocurrency for publishing content on a blog. You can also earn money by reading and watching someone else's content.

In addition, Bitwage wallet allows you to receive payments from Upwork, Toptal, Freelancer, Fiverr and more.

1. Cashback in bitcoins
   This is a relatively new trendy way to earn bitcoins online. The platforms return part of the purchase amount in the form of bitcoins. To do this, you need to download the application or install the extension in the browser. However, the method is suitable for those who buy goods abroad, there are no such cashbacks in Ukrainian stores.

The most famous cashback apps are Lolli, Pei and CoinCorner.

Lolli supports over 500 brands including Udemy, GAP, CheapOair, PureVPN, and BestBuy. To use Lolli, you need to download a browser extension.

Pei works through an Android or iOS app.

CoinCorner supports the brands Booking.com, O2, Europecar and Vodafone.

1. Loans in bitcoins
   This method is suitable for those who already have cryptocurrency and a desire to invest in startups, for example. Lenders and borrowers find each other on dedicated platforms. Usually the rates for crypto loans are high.

To apply for a loan, you need to register on special exchanges (BTCPOP, Bitbond, and the like). When registering, they indicate passport data, address, income level, links to social networks, etc. After that, the exchange employees check the information. If the borrower has passed the check, then he can form an application for a loan. You need to attach a business plan to it. Investors will evaluate it and give the applicant a rating. After that, the borrower will receive offers with the conditions on which they are ready to give a loan.

If the loan is repaid on time, then the payer rises in the rating and next time can count on a larger loan amount.

When he does not pay the debt, he first receives two letters in the mail with a payment reminder. If it is still not there, the platform discloses the personal data to the lender. With them he can go to court.

However, it should be understood that it will be difficult to sue in this case, because the cryptocurrency in Ukraine, as in many countries, has no legal status. Also, the borrower may be from another country. Therefore, this way of earning bitcoins on the Internet is very risky.

1. Publications about bitcoin
   The Coinfunda publication recommends making money on the Steemit.com platform. This can be done in several ways:

write articles about blockchain, cryptocurrency and other related topics;
comment on articles of other authors;
vote in communities.

1. Games
   By reaching certain stages in the game, you can earn cryptocurrency. Most of the games are designed for mobile devices. They can be downloaded from the Google Play Store or Apple Store.

Bitcoin Alien Run
This chase game is similar to Super Mario. To earn Satoshi, you need to complete daily missions, complete stages.

The minimum amount that can be withdrawn is 0.0002 bitcoin. Payments are made weekly on Tuesdays.

Spark Profit
This is a financial trading simulator. In it, you can make forecasts in real forex markets (foreign exchange market, forex - the currency market. - Editor's note) and cryptocurrencies. The more accurate the forecast, the more points you will earn. You can withdraw it when you have at least 20 thousand points on your account.

The game was launched in 2013. The company claims to have paid out over half a million dollars to users.

A similar application is the Altcoin Fantasy trading simulation game.

Spells of Genesis
A fantasy game created on the blockchain (an unbroken chain of blocks containing all records of transactions, actions. This technology has also been used to create bitcoin. - Ed.). It contains elements of collectible card games and turn-based strategies. You need to create powerful decks by collecting, exchanging and merging orbs. Then test them in battles in the mythical world of Askian.

There are also bitcoin prizes in the game.

Satoshi quiz
Free online game where you earn bitcoins by answering questions from different walks of life. For each correct answer, you get 1000 satoshi (0.00001 bitcoin. - Ed.).

To play, you need to log in and quickly answer a question. The winners are the first three users who gave the correct answer. The minimum balance for withdrawal is 11,000 Satoshi (0.00011 bitcoins. - Ed.). Payments are processed weekly.

1. Cranes
   Faucets are online sites that make money from pay-per-click advertising. They pay users satoshi to view ads, perform simple tasks, or enter verification codes.

Faucets are considered an easy way to earn bitcoin "coins" on the internet. The amounts there are very small, but you can dive into the cryptocurrency ecosystem and understand it deeper.

Here are some taps from the recommendations of the profile publication. Of course, this kind of earnings will not make you a Bitcoin millionaire.

Bitcoinker
To earn money, you need to watch ads and enter verification codes. To register, you must specify the address of the bitcoin wallet. You can withdraw money once a month if your account has at least 20,000 Satoshi.

The site says that you can earn 100,000 satoshi every five minutes. You can do 120 tasks per day.

On the downside, there is no support service on the site.

FreeBitcoin
There are more than 490 thousand users on the platform. Every hour you can win the equivalent of $ 300 in bitcoins. The withdrawal threshold is $ 1, you can withdraw money at any time.

The site works according to the principles of network marketing. If you attract users to the site, then the platform pays you 50% of what they earn.

Cointiply
On the site, you need to watch videos, play games, install applications, visit sites and the like. By completing tasks, users receive points. Almost 1.8 million people are registered on the site.

If you do not withdraw money from your account on the platform, then the faucet pays a commission: 5% for 350,000 satoshi. You can withdraw an amount starting from 100,000 satoshi.

1. Bitcoin affiliate program
   It works like this:

You need to register in the affiliate program.
Specify the address of the bitcoin wallet.
The service will generate a referral link (with a unique identifier to a site for a specific user. - Ed. Note), which will translate to the desired site.
After that, the link can be shared on your social networks, blogs, and so on.
If someone clicks on this link, then the user is paid in bitcoins.
This is the principle behind the Binance service, an online cryptocurrency exchange service.

1. Selling the Internet
   There is a Honeygain app. It connects your gadget to a network of similar devices for distributing the Internet. It is used to collect public web data in order to research markets, monitor SEO, check cost of services, advertisements, and so on. The program pays money for using your Internet.

The developers claim that the application does not collect your personal data, does not ask for permission to access the resources of your phone or computer.

To get started, you need to install the application on your computer or phone. Then connect to the internet. While you are online, the program runs in the background, and points drip into your account. The minimum payout is $ 20.

You can withdraw money to a Bitcoin wallet or PayPal. But keep in mind that the commission will be charged during the transfer.

Important! To earn in these ways, you must have a Bitcoin wallet. Do not enter your wallet key on any site. Use only your wallet address.

Read more: a selection of useful books from the editors of MC.today

To achieve success and earn more, you need to be a harmonious and self-realized person. In this collection, we have collected books that will help you with this:

“Magic of the morning for high sales. The fastest way to go to the next level. ”Hal Elrod, Ryan Snow, Honor Corder. How can the right start of the day affect sales? Look for answers to these questions in the book;
“Morning magic for financial freedom. How to lay the foundations for a happy and rich life. ”Hal Elrod, David Osborne. You will learn to wake up joyful and energetic;
“Principles. Life and work ”, Ray Dalio. An autobiographical book about the principles that guided Dalio in his life and work.