Have You Ever Considered Investing In Cryptocurrency? Sebastian Rossi of Los Angeles, California was tired of worrying all the time where the next pay check would come from. Life seemed merely a succession of bills and worrying about how to pay them.

One late night while surfing the internet, curiosity got the best of him and he started researching Bitcoin and cryptocurrency. His long hours of research paid off and he was able to discover a method of making money that would change his life. He was finally able to make a substantial amount of money while having enough free time to enjoy it. I read Sebastian's blog last month and decided to feature his story on our job report.

In our phone interview he told me his amazing story. 'I basically make around $8,000 to $12,000 a month. It's way more money than I ever made before, and I don't even really have to do anything.' Sebastian's success started when he discovered cloud mining.

Cloud mining is the process of mining cryptocurrencies utilizing remote data centers. So rather than storing and dealing with a bunch of computer miners, Sebastian rents them out from a company and has them deal with the setup and upkeep. Cloud mining has been a big break for Sebastian, who struggled for months going from one dead end job to another. 'I lost my job a year ago and since then have been unable to find a steady paying job, through cloud mining I was able to create a passive income stream that put money in my pocket daily.' ' I basically make around $8,000 to $12,000 a month.'

-Sebastian Rossi Since its inception Bitcoin has exploded in profitability. There have been many millionaires born from this new online currency. One of the most profitable ways to get involved in Bitcoin and cryptocurrency is to mine them.

Mining is the practice of lending one's computer processing power to the Bitcoin/Crypto network to help facilitate transactions. Depending on the amount of processing power you lend to the network you are then rewarded with coins.

Mining use to be extremely easy, one could simply run mining software on their personal computer and profit. But, as more and more people became involved in the practice, the difficulty went up. Now people run specialized computers in large data centers to effectively mine crypto. In a lot of ways this has essentially cut out the individual from getting involved and left only large entities to make money. Recently however, things have changed with the birth of cloud mining companies which allow anyone to rent out mining servers remotely. Through his research online, Sebastian discovered a cloud mining company, Which allowed him to start mining Bitcoin and other cryptocurrencies with little to no effort. The company allows you to purchase mining contracts from their data centers for as little as $5.

You then receive continuous payouts from the network for lending them the processing power. Sebastian initially purchased a small contract and then slowly reinvested his earnings to purchase larger ones. As his earnings compounded allowing him to buy larger amounts of processing power he quickly found himself earning thousands of dollars a month. Sebastian is not alone when it comes to people making a good living through cloud mining. We have been able to talk to a lot of people in the United States and all over the world with compelling stories of how it has changed their lives. I asked Sebastian why he decided on sharing with the world his secret to success.

He responded, 'I feel like I just got really lucky and wanted to share my knowledge and experience with everyone. I want to show that you don't have to be a computer geek to get into this. In college I studied Theater before dropping out, and I'm not that tech savvy, but even then I was able to profit immensely from this new technology.'

One reason Sebastian suggests using is because they diversify your mining contract with different cryptocurrencies rather than simply mining one. Features an algorithm that choses the most profitable coin at the moment and mines that particular coin, thus maximizing your contracts profit potential. When asked how to make the most out of your profits he stated 'The best way to build a nice passive income stream is to continuously reinvest your earning into new mining contracts. In this way you can steadily build up your daily income. I myself started with an initial investment of a few hundred dollars with which only got me a few bucks a day in profit, but through reinvesting and adding extra income I made, I now make a few thousand a month exclusively from.' Remember, it’s always better to start small when starting out. With the cloud mining platform you can start mining with a minimal investment.

Large profit doesn’t have to mean large investment. So it’s advisable to start small.

Increase your mining contract as you profit and add to your account by reinvesting what you’ve earned. I'd just like to add my story, I think others would like to hear it. I got involved in crypto a few years back. This was when bitcoin was only a few bucks. I ended up selling all my bitcoin when it was only $75.

Easily the worst financial decision I've ever made in my life. Because of different reasons I didn't get back into crypto until recently. I started cloud mining and now I'm not selling for anything. Crypto currency will be the biggest wealth transfer of our generation.

Bitcoin is turning into our generations version of digital gold. And YES it has it's ups and downs. But it's trending upwards. I know it might be hard for some to believe, but in the near future bitcoin could be worth 100k to a million dollars easily. Don't forget there is a capped supply of only 21 million, and as the world's appetite for bitcoin grows, so will it's price. Get in now while you still can.

You'll see why the picture of Dogecoin is being used as you read on:) This is a little trick that I thought of and started doing. I will share the knowledge with you all. For those who know about mining, most cryptocoins require that you have a good GPU in order to mine. Well, this is what I do as I don't have a super powerful laptop or desktop.yet Minergate - Step 1 This site allows you to mine particulate coins either through cloud mining or by using your laptop/desktop. Its free to use. If you haven't done so already and create your account Once registered download the software in the downloads section, just make sure you know if your using a 32bit or a 64bit operating system and download the appropriate version.

Install it and now you can open this up and log in. Once you have logged in, it will show the following: Head to the miner tab at the top and it will take you to the page where you can mine coins. If you want to mine a coin you just need to click on the play icon where it says 'start mining' Now here is the trick.

Pay Attention!! Mine BCN (Bytecoin) - Step 2 Mine Bytecoin!!!

Mine it like no other. Its so easy to mine. You can get +20 coins a day if your running the miner at 3 to 4 cores. I use 3 if i'm using the laptop, if not I leave it on 4 cores. My laptop setup is an i5 processor with 120GB ssd and 4GB of ram. Pretty basic but the the focus is the cores. The i5 is a quad core processor so it will give the option to use 4 cores.

The Minergate software will display the amount of cores that you can use so don't worry if your unsure how many you have. If you have a GPU too then happy days.

You can use both to mine giving you even more coins:) Now what you need to do is get up to +100 Bytecoin's, then you will be able to withdraw it (100 is the minimum). Make sure to withdraw it to a exchange wallet that Bytecoin can be converted/exchanged to Dogecoin. Now I was trying to do this on poloniex but the stupid thing has still got Bytecoin disabled. Soooo I used cryptopia Sign up to Cryptopia if you would like to use it.

Convert Steem To Sbd Dogecoin Miner For Mac

I use it today and is perfectly safe to use. To sign up Next, exchange it to Dogecoin. You can then use dogecoin to buy steem straight from steemit. Once Converted to Dogecoin, head to your steemit wallet and click on the steem dollar section and click buy.

Change the Bitcoin icon in the send section on the left hand side to Dogecoin and enter the amount you want to buy. It will ask you to enter your steem account name. In my case it would be socialrandoms. You can add a memo if you want but its not required. It will then give you the address to send your Dogecoin too.

Within a few minutes it will convert to Steem dollars which you can do whatever you please with. I turned some SBD into Steem power but it takes 3.5 days to complete. You can also Buy Steem power too if you don't want to buy SBD. Its up to you but its as easy that and free to do. So that is my tip for today guys. Share this with other who may be interested. It may be a small amount if you have a low grade machine but its better than Zero:) i personally think this is decent as well adding on the blogs and upvotes you get and upvoting others and receiving rewards.

Convert Steem To Sbd Dogecoin Miner For Mac Pro

I believe Steem can go far and will do so i may start to get heavily invested. Ahh I’m getting carried away but you get the point. Share the knowledge guys I’ll try and help anyone that needs it:) Just some prove of my first transcation I did today wooop wooop:). This post has been upvoted from the communal account, by Kid Buu from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the.

It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there. If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.