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If youre really serious about making a living with Bitcoin, however, one of the best methods to do it is to be a developer for its growing number of sites and digital systems which use Bitcoin and other cryptocurrencies. For every new site that decides to take payment in Bitcoin there is a potential opening for a programmer with a specialized knowledge of Blockchain.
To begin with, youll need a strong understanding of computer science, mathematics and programming. From that point, youll also need to become knowledgeable in the specialized area of blockchain. Realistically, you should expect to return to school to earn a computer science degree should you havent done so already.With such a high threshold for entry, you might be wondering why becoming a blockchain programmer is worth your time.
The average salary of blockchain programmers comes in at about $80,000, whereas top-level programmers can command salaries in excess of $300,000. This big earning potential is also tied to growing demand. With Bitcoin becoming more and more well-known with every passing day, the number of companies investing in blockchain technology could increase substantially over the next few decades.
Whether its Bitcoin investment plans or how to correctly set up a miner, there are those out there who will be extremely interested in learning from the experience. If your content is good and you have valuable information to educate, you can even end up making a decent amount of money form helping other people learn about cryptocurrencies.One approach to get into teaching about Bitcoin would be to make YouTube videos about it.
If your channel becomes a more favorite source of Bitcoin and cryptocurrency information, this stream of income may even add up to being fairly appreciable.If video content isnt your strong suit, you can also write posts about the ins and outs of Bitcoin. These posts can be posted on your own website, or guest posted on another website in the Bitcoin niche.
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Online classes are a great way to make some excess money, but they take quite a little time and effort to gather. If youre going to create a program, your very best bet for marketing and selling it is to place it on Udemy, a user-generated course content site.
No matter what you do, ensure the information you are offering is valuable enough to make it worth paying . If you produce a sub-par class full of information that could be found using a simple Google search, you arent going to make much money off of it. #11 Earn Bitcoin by Playing GamesWhat better way to end this review of the different approaches of earning money with Bitcoin than on the fun note of playing games Games that pay out in Bitcoin are very much like taps in that they pay very small amounts of Bitcoin and generate a profit through advertising.
If you're in the practice of playing mobile games, then try finding some games that will pay you little increments of Bitcoin to reward you for time you spend on them. Even if it doesnt amount to much, its still better than playing with a match for free.The class of Bitcoin-based gaming also includes digital casinos that use Bitcoin as a currency.
Like any other casino, the odds will always be in favor of the house. If youre fine with losing some Bitcoin and only want to have some fun, though, theres nothing wrong with giving this type of gaming a try.ConclusionAs you can tell, the ways in which you can profit from the rise of Bitcoin are practically limitless.
On top of that, the entire potential of Bitcoin is probably far from being realized. As cryptocurrencies start to enter more widespread use as financial instruments and everyday methods of payment, the opportunities to make money with them will only continue to increase.The following two tabs change content below.My name is Jamie Spencer and I have spent the past 5 years building money More Info making blogs.
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Since then I've launched lots of successful niche blogs and after selling my survivalist site I chose to teach other people how to do the same. .
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