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At the time of writing this article, about 16.7 million of those Bitcoins have been successfully mined, leaving more than four million on the desk to get Bitcoin miners.One thing you'll need to know about Bitcoin mining before getting into it is that the problem increases over time. In other words, it will require more time and more computing power to generate each subsequent Bitcoin.

By now, however, the problem has gone up so much much more technical equipment is needed.One approach to approach Bitcoin mining would be to do it on yourself. To do this, youll need to invest in a Bitcoin miner. Bitcoin miners are external devices that provide the necessary computing power to produce Bitcoin in todays high-difficulty environment.

Little USB miners start at under $100, while bigger, more powerful mining apparatus can run into the tens of thousands of dollars. Although the initial investment of buying a Bitcoin miner can be pretty large, it lets you produce your own steady flow of new Bitcoin until the full 21 million has been reached.If you opt to start mining yourself, be sure to keep the peripheral costs in mind.

In case you have a massive miner that produces a substantial amount of heat, you can also need to install a cooling system to keep it running properly. Collectively, these costs can eat up much of their gain margin in Bitcoin mining. Fortunately, if Bitcoin continues to appreciate in value, these peripheral costs will eventually be compensated for retroactively through that appreciation.If you dont want to go to the initial expense and hassle of setting up your own personal Bitcoin mining operation, you can still get in on the action with what's known as contract mining.

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This contract will last for a certain period of time, and all Bitcoin mined during that time on the equipment youve contracted will be sent to your Bitcoin wallet. Some of the very major contract mining solutions are Genesis Mining and Hashing24. Contract mining is an easy and passive way that you accumulate Bitcoin, though it is going to cost more over the long run than having your own Bitcoin mining equipment. #2 Complete Micro-tasks for BitcoinThough mining lets you earn Bitcoin quicker than any other method, its high investment threshold means it wont be suitable for everyone.

Micro-tasks are small, simple actions, like viewing an advertisement or engaging with a post on social networking. Although the pay is usually very low, micro-tasks are probably the easiest way to get into Bitcoin.One of the greatest places to visit get started with micro-tasks that pay in Bitcoin is CoinWorker, a market that specializes in such tasks.

Though many jobs on CoinWorker pay as little as $0.03-0.05, some do cover over $1.00. Tasks listed on CoinWorker are typically very easy and take only a few minutes to complete.There are also several websites that will pay you little amounts of Bitcoin for viewing advertisements. Like other micro-tasks, these actions pay very tiny amounts of Bitcoin, but are incredibly easy to perform.

A number of the greatest sites that allow users to view advertisements in exchange for Bitcoin include CoinAdder, Ads4BTC and Advercoins. #3 Bitcoin FaucetsBitcoin faucets are somewhat like content micro-tasks in the sense that they pay very small amounts of Bitcoin in exchange for a small amount of your time often around 1 Satoshi, which is a hundredth of a millionth BTC.

Bitcoin taps cover amounts that are almost too little for many customers to bother with, but theyre a good way to break into the universe of Bitcoin and start to realize a small amount of cryptocurrency in your digital wallet.  Moon Bitcoin is one of the most popular of these taps, however there are many others out there, including FreeBitcoin, Bitcoin Zebra and Daily Free Bits. #4 Invest in Bitcoin and Bitcoin DerivativesOne among the most interesting developments in Bitcoin within the past few years has been its emergence as a rather popular investment asset.

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As one may imagine, investment is one of the more rewarding ways of making money with Bitcoin.The most fundamental kind of Bitcoin investment is buying and holding Bitcoin until its price goes up enough to turn a profit. Thanks to its high degree of price volatility, Bitcoin has produced some incredible gains for investors that pursued this plan early on.

Obviously, this can be an extreme example, but it will demonstrate just how profitable Bitcoin investment has been for many traders who have been willing to maintain their investments for long lengths of time.One of the issues that has plagued Bitcoin investment in the past is the lack of reputable exchanges.