Bitcoin Mining

If you have heard of bitcoins, then you have probably heard of bitcoin mining.  Yes, mining.  Not the kind that uses pickaxes but instead uses the power of computing.  Special software has been developed to use powerful computers that are able to hash out complex mathematical equations.  When these problems are solved, bitcoins are created and then awarded to the miner or mining pool.  In the beginning, bitcoin mining rigs often consisted of multiple computer graphics cards for their processing power.  Nowadays, special bitcoin mining rigs have been designed solely for the purpose of mining bitcoin.

Are Bitcoins Secure?

Part of the bitcoin mining process includes the creation of these virtual coins.  In doing so, the bitcoins are then transferred to an individual's bitcoin wallet or to the wallet of the mining pool where they are then later distributed.  Each time that a transaction takes place, the mining blockchain records and approves the transactions.  This means that bitcoin mining is valuable to maintaining the overall stability of the currency and making sure that it remains secure.

How Does One Get Started Mining?

To get started with bitcoin mining, you will fist need some type of computer to download the blockchain information.  This is essentially a constantly updating ledger of all bitcoin creation and transactions.  You can use the power of your computer's CPU or GPU to start mining bitcoins but unfortunately most computer systems lack enough power to do this efficiently.  Special mining rigs that are designed solely for mining bitcoins are really the way to go.  Also emerging recently is the ability to pay monthly fees to companies that do all the mining for you.  This cloud mining is another good way to get started with bitcoin mining.

How To Get Free Bitcoins

Many of you are wondering about how to get yourself some FREE bitcoins.  Yes, I said FREE!  There are a lot of websites out there for earning free bitcoins and 3 popular methods of doing so.  We refer to these types as bitcoin faucets, cloud mining websites, or autosurf websites.  Most of the faucets will ask you to fill surveys, complete captchas, play games, complete a variety of tasks, or even just read articles on their website.  Cloud mining websites, often allow you to sign up for free and start earning without any deposit.  Autosurf websites will pay you bitcoins for browsing other websites and offers automatically.

Getting Started With Bitcoin Faucets

First, you will need to have a bitcoin wallet.  To get this, if you already don't have one, you can simply go to an exchange site like www.coinbase.com or wallet creation websites like www.xapo.com and www.blockchain.info.  Once there, you can enter your email address and a password to setup your new bitcoin wallet.  It's that easy!

Now that you have your wallet, you can head on over to one of the many faucet websites and start earning your FREE bitcoins!  Below is a list of 7 websites that have good daily payouts.

Bit Visitor
Visit websites every 5 mins to earn free bitcoins.

Claim BTC
Earn free bitcoins every 20 mins by solving captchas.  Cashout at 20,000 Satoshi.

Free Bitcoin
Earn free bitcoins hourly by solving captchas.  Multiply your bitcoins with a hi-lo game or by purchasing and earning lottery tickets.


Bitcoin Zebra
Solve captchas or complete tasks to earn free bitcoins.  Immediate or weekly payouts options.


Moon Bitcoin
Earn free bitcoins every 5 mins or let the timer run to increase earnings while you're away.

Bitcoin Get
Earn free bitcoins by shopping popular websites or completing offers and surveys.

Bit Orion
Earn 200 Satoshi every 2 mins and up to 6000 Satoshi per hour.

Getting Started With Cloud Mining

Cloud mining offers up an exciting new twist for earning free bitcoins.  Instead of purchasing costly video cards or ASIC mining equipment, you can mine bitcoins in the cloud.  Many cloud mining websites will get you started for free by providing you with some form of cryptocurrency up front that can be turned into hashing or mining powers.  The more power and the more bitcoins you can mine per hour.  All of this is done without you worrying about how to setup and configure equipment or having to pay for electricity.

Below is a list of several cloud mining companies to get you started.  Many of the companies allow you to start mining as soon as you sign up with a valid email address.  Invest a small amount of bitcoin to increase your mining power and you will double your investment in less than 3 months!

Bits Rapid
Earn 15KHs of mining power at signup with daily withdrawals or accrued profit system.

Top Mine
Mine Bitcoin, Litecoin, Dogecoin, Ethereum, USD, or Dashcoin.  Daily login bonus of 10 Dogecoins.

Hash Ocean
Earn bitcoins daily with automatic payments or reinvest in profit accrual system.


CLD Mine
Mine Bitcoin and other cryptocurrencies.  Can select a % to reinvest in hashing powers.

Getting Started With Autosurf Websites

Another way to earn free bitcoins on autopilow would be by using an autosurf website.  These are great little websites that pay you in free bitcoins for viewing websites.  After logging into the site, your browser will autosurf other websites in their advertiser network.  After earning your daily surfing bonus, you can come back the next day to repeat the process.

Below is a list of 3 of the top autosurfing websites for earning free bitcoins.  The last website pays in US dollars!

Surf Return
Earn 0.00001000 btc by visiting each site.  Withdrawals at 0.05 bitcoin.

Bitcoin Surf
Earn 0.00005000 btc by visiting each site.  Withdrawals at 0.15 bitcoin.
AutoMoneySurf
Earn USD by visiting each site.  Withdrawals at $100.

Get Started Earning Free Bitcoins

Now that I have given you a few methods for earning free bitcoins, it is time for you to get started.  You can earn with bitcoin faucets if you don't mind filling out surveys or solving captchas.  You can then take those earnings and reinvest those into cloud mining websites to grow those earnings further.  Autosurf websites will also increase your daily free bitcoin earnings and you can withdraw those amounts periodically to reinvest in cloud mining.  Whichever method you decide to start with, click on a link or banner above and sign up take action today!

What Is A Bitcoin?

Good question as many of you have already heard about this form of cryptocurrency.  Crypto-what?  Yes, currency.  To be more specific, it is a digital currency and not a physical one such a a dollar bill or coin.  You can, however, carry these in your pocket in the form of a "wallet".  How is this done?  There are several online sources to create these wallets which are essentially a digital bank account with a unique number.

How Do Bitcoins Work?

This is the interesting part.  You can use these bitcoins to exchange for goods or services just as you would any other form of global currency.  Instead of physically exchanging paper bills or coins, you will be transferring these digitally.  The wallet for these bitcoins can be stored on any digital media such as a smartphone, SD card, or USB thumb drive.

Each time that there is a bitcoin transaction, it gets recorded into a publicly available ledger known as a block chain.  To record this block chain, a series of mathematical computations invented in 2008 by Satoshi  Nakamoto are carried out by a complex network of computers.  Specially designed computers are used to "mine" these bitcoins by verifying and recording payment transactions into the public ledger.  Since the ledger is public and not owned by any one repository, it is considered an unregulated virtual currency.

Why Would I Want Bitcoins?

More and more online retailers and merchants worldwide are accepting payments in the form of bitcoin.  As this use continues to grow, it could become a more universally accepted form of payment.  There are certain attractions to using bitcoins as transaction fees are often less than those imposed by credit card processing companies.  One caution to users of bitcoin is that their purchases may not be protected by refund rights or chargebacks that regulated currencies can offer.

How Do I Get Started With Bitcoin?

The first place to start would be to open a wallet at a secure online bitcoin exchange such as www.coinbase.com.  On here, you can buy, sell, send, receive, and store bitcoins in a secure fashion and even create backups for your account.  You can also download a wallet app on your smartphone for convenient access to your bitcoins.  Try it out today!