How I Make Money In Bitcoin

Hello, I am happy to share my Bitcoin earning strategy with you. In the world of Bitcoin, there are basically two options to earn:

1. Buy it and hope its value rises.
2. Mine it yourself.

Obviously with the recent meteoric rise of Bitcoin over the past few years, option 1 would be ideal if you can predict the future and expect the price of bitcoin to rise 1000% going forward after it has risen 1000% already. Realistically you cannot make that prediction and there is a good chance the price will drop from these lofty levels so if you are thinking you missed the party, you're probably right.

The real money makers in the Bitcoin game are the miners. Its not shovel in the ground mining, it computational mining and it requires sophisticated and expensive computer hardware to do it. Not to mention the electricity consumption for this equipment is off the charts. Make no mistake, if you have right hardware and access to cheap electricity, you possess a money printing machine. It also requires a little thing called 'expertise' in Hashrate, Blocks, Networking, and all-round computer hardware ingeniousness. If you have it, then option 2 is for you.

For me personally, I do not see the value in either option at this time so the challenge was for me to find a 3rd option. In my mind, in order to accomplish this, I had to answer 3 question.

• How can I 'mine' bitcoin when I don't know anything about mining?
• How can I get around the cost of electricy?
• How can I make money on bitcoin when the price has already risen 1000%?

It took a lot of searching and experimentation but I found a way to do it and I am here to share my experience with you. First let me give you the short answer to each of the questions above and then I will go into detail.

Question: How can I 'mine' Bitcoin when I don't know anything about mining?
Answer: Get someone else to do it for you.

Question: How can I get around the cost of electricity?
Answer: Mine it some place where electricity cost peanuts

Question: How can I make money on Bitcoin when the price has already risen 1000%?
Answer: The current price doesn't matter when you have a money printing machine.

Too obvious? Okay let me get into some detail.

So we've established that the only way to 'mine' Bitcoin is to have someone do it yourself? But who? Fortunately other like mined people have realized the same dilemma and devised a solution. The solution? A Shared Mining Pool. Now what exactly is that? In a nutshell, investors interested in mining Bitcoin pool their investment dollars into a centralized repository where the knowledgeable administrators purchase Bitcoin mining equipment and mine Bitcoin daily with the profits distributed to pool members. Think shareholders and daily dividends. The benefit is that I don't need to purchase any equipment myself or know how to set it up and maintain it. I leave that to the experts.

So how do we get around the cost of electricity? The answer to this one is embarrassingly simple. House your hardware in Iceland where electricity is 6 cents per KWH and cooling costs are free (its cold up there).

So now I am a member of a mining club with like minded individuals getting daily Bitcoin delivered to my personal Bitcon wallet every day along with all the other members. Another benefit of this club is that, since they do not advertise, they provide referral bones money (in Bitcoin) for all referrals. So you can make money by spreading the word and the more members they have the more Bitcoin they mine each day.

That's it. You can register for free using my referring link below and feel free to ask me any questions in the comment section below.

bitclub.network/dibble1