How can you earn BTC $5,000 daily?

For many people, buying large amounts of Bitcoin is not a financially-viable investment strategy. But the good news is that there are now more alternatives than ever that make it easy for people to earn bitcoin.

And believe it or not, in some cases, you have to do almost nothing to start earning.

Let’s explore what all your options are, from accepting bitcoin from your employer to depositing it in an interest-earning crypto account. Depending on your short, medium, and long-term goals, each option has different benefits for your preferred method of earning Bitcoin.

1. Earn Bitcoin with a Crypto Interest Account

In the same way that people used to (and, let’s be honest, still do) store their money in bank accounts and receive interest on their deposits, crypto interest accounts are a new and exciting model for the blockchain industry. This model is often done to in different ways, including interest-earning accounts. Some people also refer to this simply as lending out your Bitcoin. In the end, the result is the same — by transferring your Bitcoin or other cryptocurrencies to the financial service provider, you will earn interest on your Bitcoin over time.

2. Get Cash-Back in Bitcoin When You Shop Online

Ebates, a popular Google Chrome Extension, offers customers cash-back for their purchases from thousands of websites. They work with almost all major online retailers, including everything from Best Buy, to Groupon, to Nike. Once you install the extension and create an account, Ebates will notify you if there are discounts available while you browse a retailer’s website. In one click you can activate the discounts. At the end of every quarter, you get a check from Ebates with your cash back balance. It’s that simple.

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3. Earn Bitcoin With Affiliate Marketing

Affiliate marketing is a popular way to earn money for bloggers, news sites, social media influencers, and every day people. Companies provide unique URLs or Promo Codes for affiliate marketers to send out to their audiences. If someone who clicks on that link makes a purchase on your affiliate link, you will receive a reward.

4. Get Paid in Bitcoin

A lot of people have started accepting Bitcoin and other cryptocurrencies as payment for their work. This is an especially attractive option for people want to earn bitcoin from home or as a freelancer. Whether you’re an editor, musician, social media manager, or artist, you can make money with cryptocurrency in exchange for your services now.

5. Earn Bitcoin by Trading or Mining

For some people, trading crypto is the easiest way for them to earn more Bitcoin. There are numerous trading strategies and every trader has their preferred way to increase their crypto holdings through trading. However, an increasingly popular way to trade is by leverage trading. In this scenario, traders will borrow funds to bolster their trading. In crypto, these leveraged loans are called crypto-backed loans.

How much does crypto mining cost?

Crypto mines can be an expensive operation. Antminer, a popular miner hardware manufacturer, sells their S7 ASIC Bitcoin Miner for $199.99 each on Amazon. A crypto mining rig can have anywhere between four to tens of thousands of these devices. Additionally, the cost of the hardware’s upkeep and electricity costs can be substantial. Bitmain’s SanShangLiang industrial mining complex in Mongolia has over 25,000 machines that process $250k of Bitcoin every day as of May 2018.