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15 Ways To Earn Ethereum (ETH)

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Written by   273
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1 Ethereum (ETH) = $ 598.86 US dollar

Ethereum is a technology that allows you to send cryptocurrency to anyone for a small fee. It empowers applications that everyone can use, and no one can take it down.

This is the world's programmable blockchain.

Ethereum developed on bitcoin innovation, with some large differences.

Both allow you to use digital money without payment providers or banks. But Ethereum is programmable, so you can use it for a variety of digital assets - even Bitcoin!

This means Ethereum is for more than just payments. It is a marketplace for financial services, games and applications that cannot steal or censor your data.

What is Ethereum?

Ethereum is open access to digital money and data friendly services for all - regardless of your background or location. Ether is the native cryptocurrency for the Ethereum platform. It is the second largest cryptocurrency after Bitcoin by market capitalization. Ethereum is one of the most actively used blockchain in the world.

Let's dive into the ways of earning Ethereum:

1. Mine Ethereum

Mining is the process of creating a set of transactions to be added on Ethereum blockchain.

Ethereum, like Bitcoin, currently uses a proof-of-work (PoW) consensus mechanism. Mining is full of proof-of-work. Ethereum miners, computers running software - use their time and computational power to process transactions and create blocks.

There are two ways to mine Ethereum:

  • Cloud mining

  • Hosted mining

Prior to mining there are necessary steps required in this process:

  • Create Ethereum Wallet

  • Choose mining hardware

  • Install mining software

  • Join the mine pool

  • Start mining

(i) Cloud Mining

Cloud mining is the concept by which data centers rent out their hashtags to individual users. You can rent any hashrate you want and receive the Ethereum mined paid to your address. With a small investment, you get rid of the headaches of equipment maintenance and operating costs. Genesis Mining and BitDeer are two of the largest cloud mining providers.

Cloud mining can be a huge risk. It is important that you only buy from a reputable companies and pay attention to the terms of the contract.

(ii) Hosted mining

Some mining companies offer managed host mining. Hosted companies encourage miners to send their mining machines to their facility and the mining company will take care of the maintenance. The advantage for miners is that they can take advantage of the cheap electricity price that is only accessible to large data centers. You can either send over your own machines, or with some facilities, they can sell some of the machines to you.

Learn more about Ethereum mining here.

2. Ethereum Faucet

Simple Ethereum Faucet that allows you to win up to $ 300 worth of Ethereum with continuous claim streak.

Some Features of this Ethereum faucet:

Free roll every hour

The amount of free Ethereum you receive depends on the number you roll and paid according to the table below. You can come back every hour to win free Ethereum. Roll 10000 to hit $ 300 jackpot.

Highly rewarding referral program

You get 50% of whatever your friends earn with Free Ethereum. Accordingly, they will get 50% of what their referrals make and be motivated to participate, so bring as many friends as you can. The sky is the limit.

Free promotions

You do not have to wait 1 hour to get free Ethereum! Follow free-Ethereum on Twitter to get free promo codes, which will allow you to get extra rolls without waiting, which will increase your chances of winning more hits - which is why FreeEthereum is 100% unique.

Immediate withdrawal

You do not have to wait to get paid. With FreeEthereum you will receive your ETH as soon as you reach your minimum withdrawal amount.

3. Ethlance

Ethlance is a major decentralized marketplace for job seekers and innovators. Ethlance offers freelancers the benefits of holding all the profits without paying the platform owners and it's available as long as it is blockchain.

Freelancers are paid in Ethereum without extra charges. The only thing users have to pay is the price of the gas associated with a transaction. This platform is definitely a better solution than the centralized counterparts like Upwork, which is known for taking crazy fees for their services.

Ethlance runs on Ethereum public blockchain, so you will need the Metamask browser extension to make changes to the blockchain. Check out our video tutorials where everything is clearly explained!

Installing the Metamask Chrome extension: video guide

4. Ethereum Bounty programs

The Ethereum 2.0 bug bounty project is in full force as developers prepare to make the biggest upgrade to the blockchain operating system since its launch five years ago.

Ethereum 2.0 bug bounty hunters can be rewarded up to $ 500 for minor flaws and up to $ 10,000 for bugs that break the chain.

Rewards can be received in ETH, the official Ethereum cryptocurrency or the standard Coin DAI.

5. Ujomusic

UjoMusic is a platform that uses Ethereum Blockchain as a stepping stone to innovation by promoting artists, digitizing their music rights and metadata and sharing content in an open environment, allowing new applications, products and services to license their catalogs and pay artists directly with minimal fraction.

If you are a musician, you can upload and sell your music for cryptocurrency and get 100% funding. Ujomusic take no cut. You have control over your rights. Are you in a band? Bands can create a profile for themselves, allowing the funds to be paid for releases and sent among band members by UjoMusic. You do not require any cryptocurrency to register as a Ujomusic user.

Your fans can engage and support favorite musics by tipping you directly and encourage your work. This platform also allows your fans to buy and collect digital badges from artists and forever have a record of their support permanently memorialized.

6. Minds

Minds a new social media platform, launched its own cryptocurrency on the Ethereum test net recently. Minds users receive tokens in exchange for interacting with the site and creating content. Other social media sites such as Facebook hoard your data, and although they pay you nothing in return,but Minds does not track you and pays you to participate in the website and make it more lively.

Minds Token Earned by commenting, receiving upvotes, posting and inviting others to join the platform (referral link). With this coin, users can use it to boost their articles and channel, just like paying for ads on Facebook fan page or You can always withdraw your tokens by selecting the 'Withdraw' window in the middle of the 'Balance' section. Select the amount of minds token and withdraw it to your Metamask wallet (back to MINDS). Select how many Mind Tokens or Ethereum you want to receive on Metamask wallet and click on the 'withdraw' button associated with it.

7. Indorse

Indorse is a revolutionary platform that uses decentralization and tokenization models to change the structure of the professional social networking.

Indorse uses internal rewards (indoors bucks) and a reputation system (indoors score) to encourage users to add their own achievements and give others approval. You can earn Indorse bucks for your content, by participating in the network, staying active on the site and approve the claims of others. Advertisers buy space on the site, which generates shared revenue with you for the content you create. Simply put, the Indore reward is directly related to the size of your interactions with the site; The more you interact, the more you earn.

8. Cent

Cent is a social media site on the Ethereum blockchain where anyone can earn cryptocurrency from anywhere.

This is one of the simplest sites. Cent users can post, respond, seed and sort the best responses. Cent's main goal is to create an easy-to-use and rewarding site for people who use social media.

Creating an account on Cent is very easy. Enter your details, such as username and password, and click the Join button to visit their website. It will ask for your user name. Enter the name you want here and submit. This name cannot be changed later, so think and choose your name wisely.

After completing the above steps you will receive a verification email, click on the verification link and start using the cent platform

You can earn free Ethereum from cents by writing an article (you earn when some people seed your post), seeding others post, tipping (when someone gives you a tip) and responding to other user post.

If you are seeding someone else's post, be sure to be the first person to do so, because it distributes 25% of the seeds to the content creator and 75% to the previous seeds, so if you seed first, your 75% of the seed amount will come back to you, and then if someone else seed after you, you will have some of the seeds You will also get a percentage.

9. CryptoKitties

CryptoKitties is a cat game, which is collectible, breedable and adorable creatures called CryptoKitties Each cat is a type and 100% owned by you; It cannot be cloned, taken away or destroyed.

There are many ways you can earn from CryptoKitties.

Here are 3 different ways you can do it in the game:

Buy and Sell CryptoKitties: You can buy kitties and then sell them back for a higher amount. It's a way for people to make money, but it's not a guarantee that anyone will buy them at first place.

Sire Kitties: Another way you can make money is by placing your kitty as a sire in the game. This means that others may choose to have your kitty be the sire of their future baby CryptoKittie. You will receive the bulk of the fee, but each transaction made in CryptoKitties will take 3.75% of the sales by itself.

Breed kittens: When you breed your kittens together and produce offspring, you can sell the parent or offspring. This is the most reliable way to make money in the game. Properly breeding easily sell high quality offspring in the market.

10. Godsunchained

Godsunchained (GU) is a free-to-play digital trading card game built on Ethereum and developed by Immutable company. The game is free to download and you can play instantly with many pre-built decks. The more time you spend to play, the more cards you earn that can be exchanged for real money.

A big ethos supported by game developers and playing this game earn you a sellable asset - allowing you to play and make money

Play to Earn (P2E) You can earn money by playing the game. At Godsunchained, this is seen through the ability to earn game items that you can sell for real world money.

11. 0x Universe

0xUniverse is a feature generation blockchain game where players can explore galaxies, build spaceships and colonize planets. 0xuniverse powered by Ethereum blockchain. This technology guarantees undeniable ownership over the planets you conquer - even if the developers get hit by a meteorite.

To earn Ethereum, you need to buy a planet. After that you can build spacecraft and discover new planets. Sell ​​part of the planets you find and increase the value of the rest.

You need to be lucky enough to find one of the legendary planets, these are so expensive! Keep in mind that planets are normally high in demand as their number is limited, so you need to be constantly developing to earn money. Start playing and learn the various options to make a profit!

12. Forsage

Forsage is a crypto earning program that operates on a smart contract. It allows you to work from home or anywhere of your choice while watching your account grow with crypto revenue. The program is flexible, without time limits, goals or pressure. Forsage Ether (NYSE:ETH) operates on specific aspects of cryptocurrency, allowing users to earn long-term residual Ethereum returns through a referral method. Once you join, you must invite at least three people to your channel.

To join the forsage, you have to pay a one-time fee of 0.05 ETH.

Once you joined, you can continue to earn ETH revenue with the program based on the number of people you invite. People who join the program through your channel, you earn.

Steps to Get Started with forsage:

Install the trust Wallet for Mobile or the Metamask Wallet for Laptop.

  • Fund the wallet with Ethereum.

  • Join the forsage.

  • Pay for your starter levels.

  • Get your affiliate link and share it with others.

  • Make Money!

13. Ethereum Investment

As a miner or regular investor in the currency, ETH can prove to be a viable investment in the long run. Therw is no proven way to get rich quick, but investing in ETH can prove worthwhile. 'Rich' is a relative word and for anyone who wants to make some money, this market is a great bet.

However, as a long-term investment, Ethereum performs very well. According to its forecasts, the value of Ethereum tokens could rise by $ 750 by the end of 2020 to $ 900 by 2021 and reach an average price of $ 25,000 by 2025.

Learn more about investing in Ethereum here.

14. Earn up to 12% interest on Nexo

Grow your wealth with Nexo high income savings account.

Top up your Ethereum asset

Choose the Ethereum asset to deposit. To avoid any delays make sure you use the most up-to-date wallet address and correct note.

Start earning

Once deposited, the assets in your Nexo account will automatically start earning interest, which will be credited to you daily. You are free to add or withdraw any amount to #ZeroFees at any time.

15. Idle-Empire

All you have to do is sign up for an account on Idle-empire , respond to some paid surveys, watch videos or get full offers and quickly redeem your points for Ethereum. Idle-Empire will send ETH to your Coinbase account immediately and with zero charges. You can keep Ethereum in your Coinbase account or send it to your own wallet.

Only 3 simple steps:

  • Start earning points

  • Redeem Ethereum

__________THE END__________

CHECK OUT MY OTHER ARTICLES TO EARN FREE CRYPTOCURRENCIES AND MONEY:

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