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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 will need to know about Bitcoin mining prior to getting into it's that the difficulty increases over time. In other words, it will take more time and more computing power to generate each subsequent Bitcoin.

By now, but the difficulty has gone up so much much more specialized equipment is needed.One way to approach Bitcoin mining is to do it yourself. To try it, 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 larger, more potent mining devices can run into the tens of thousands of dollars. Even though the initial investment of buying a Bitcoin miner can be pretty large, it lets you create your own steady flow of new Bitcoin until the full 21 million has been reached.If you opt to start mining yourself, make sure you keep the peripheral prices in mind.

If you have a massive miner that generates a substantial amount of warmth, then you can also have to install a cooling system to keep it running correctly. Together, these costs can eat up much of the profit margin in Bitcoin mining. Fortunately, if Bitcoin continues to appreciate in value, these peripheral costs will eventually be compensated for retroactively during 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 is known as contract mining.

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This contract will last for a certain length of time, and all Bitcoin mined during that time on the equipment youve contracted will be sent to a Bitcoin wallet. Some of the very major contract mining services are Genesis Mining and Hashing24. Contract mining is an easy and passive method that you accumulate Bitcoin, even though it will be more expensive over the long run than having your own Bitcoin mining equipment. #2 Complete Micro-tasks for BitcoinThough mining allows you earn Bitcoin quicker than any other internet 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. Though the cover is normally very low, micro-tasks are most likely the easiest way to get into Bitcoin.One of the best places to visit begin using micro-tasks that cover in Bitcoin is CoinWorker, a marketplace that specializes in these tasks.

Though many tasks on CoinWorker cover as little as $0.03-0.05, some do pay over $1.00. Tasks recorded on CoinWorker are normally quite simple and take only a few minutes to complete.There are also several sites that can pay you small amounts of Bitcoin for viewing ads. Like other micro-tasks, these actions pay very small amounts of Bitcoin, but are incredibly simple to perform.

Some of the greatest sites that allow users to see ads in exchange for Bitcoin include CoinAdder, Ads4BTC and Advercoins. #3 Bitcoin FaucetsBitcoin faucets are a bit like 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 can be a hundredth of a millionth BTC.

Bitcoin faucets pay amounts which are almost too little for many users to bother with, but theyre a good way to break into the world of Bitcoin and begin to see a small amount of cryptocurrency in your digital wallet.  Moon Bitcoin is still one of the most popular of these taps, however there are many others on the market, including FreeBitcoin, Bitcoin Zebra and Daily Free Bits. #4 Invest in Bitcoin and Bitcoin DerivativesOne of the most interesting developments in Bitcoin over the past few years has been its emergence as a rather common investment asset.

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As one might imagine, investment is one of the more lucrative ways of making money with Bitcoin.The most basic form of Bitcoin investment is buying and holding Bitcoin until its price goes up enough to turn a profit. Thanks to the high level of price volatility, Bitcoin has produced some incredible gains for investors who pursued this strategy early on.

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