No where in in any Bitcoin implementation a "bitcoin" is referenced. Only Satoshi's. Bitcoin unit is completely arbitrary. submitted by
Bitcoin == 100 dollar bill.
Satoshi's == cents.
I'm a twenty-something student from Germany starting his journey to generate passive income and I would like to share my plan with you and maybe inspire you. I really start from scratch and being a STEM-related student money is tight and time is scarce, but I'm dedicated to get this shit up. So, here's what I'm going to do:
Getting some basic passive income up by running auto-surfing websites as much as I can. Claiming 1-2 times per day from a crypto faucet (takes so little time that i consider it passive). Using this income to invest into more sustainable passive income businesses like for example my t-shirt business or stockphotography. Designing a few designs every week to additionally get it going. Endgame: Youtube-Channel in the tutoring niche of a highly demanded but not yet provided topic in my subject. Maybe a unrelated health blog with affiliate links, let's see. Daydreaming, man. However, in this post I will just focus on the stuff you don't need time or money for to generate a basic passive income each month. I really encourage you to use this income to invest in further sources of passive income as they are all very unsustainable, but a good way to get that shit started.
But yeah, back to the small stuff´for now. Websites that generate passive income simply for leaving them open. It's called autosurfing and it's basically a website that pays you a small amount of money each minute to keep a tab open that redirects you to several sites. It is financed by websites paying the owner to get traffic. Most of them are fairly new so there is no payment proof for all of them yet and maybe one or two can turn out as a scam, but I give them a shot. I mean, hey it's free and you do not need to invest either time or money to get started. Just keep them all open in a window and forget about them. Needless to say they do not make you rich. You better find out for yourself, it's a real easy way to get some extra bucks. The links are ref-links which give both of us a small bonus. I will list pay per minute, minimum payout and max per month if you manage to run them 24/7 (which I don't, but maybe some of you are interested in it). You can cash out via paypal. Starting the list with the highest-paying ones. They all have the same layout, you just need to register individually for each one and click the start earning button.
$0,001/min. Min Withdrawal: $10. Max/30days: $43,2
This one seems too good to be true. But if they are legit I don't want to be the one missing out. Especially as it takes no effort at all to get it running and you can't lose, right? Can be a bit buggy when registrating. Just try a few times in case that happens. getcashfree.info
$0,0002/min. Min Withdrawal: $3. Max/30days: $8,46
Second highest paying one. Fairly new. fastcashmining.com
$0,00015/min. Min Withdrawal: $2,50. Max/30days: $6,48 miningtraffic.com
$0,00012/min. Min Withdrawal: $1,50. Max/30days: $5,19 cashminingbot.com
$0,0001/min. Min Withdrawal: $1,00. Max/30days: $4,32 moneymining.xyz
$0,0001/min. Min Withdrawal: $2,00. Max/30days: $4,32 fancitos.com
$0,0001/min. Min Withdrawal: $2,00. Max/30days: $4,32 -> spanish one, but easy to navigate
EDIT: There are some new now. I wrote a guide about autosurfing
on medium to get you started. Check it out!
This can stack up to $76,29 a month if run 24/7. You get the point. If you only leave them open for 12 hours a day it's still like $38 dollar. There are also premium programs which can increase your earnings even further, but I want a few payments from a site before I look into them. There are few other websites which I skip here because the minimum withdrawal is way too high for the rate they pay or they're not available in english.
Another similiar website I can recommend is ebesucher.com
. You can use their surfbar and it automatically directs you to websites that pay ebesucher money for traffic. Just like the other sites. It's a bit hard to calculate here since points per visited site do vary, but I estimate that it pulls in about $6 max per month if run non-stop.
Get all these websites running in one window and add radioearn.com
for another roundabout $8,75 a month. You simply have to open 4 tabs with a radio (you can mute them) and get paid 1 point every 15 minutes. 1000 Points translate into $3,05 (January 19).
There are also Apps that pay you cash for swiping a banner away every time you unlock your phone or pay you to receive a few test-sms every other day, but I haven't looked into them yet. I will do so soon and update the post. Oh, and don't forget phone farming! True effortless passive income is real lol.
Well, wanna hear more options how you can easily earn some money each month with very low effort? Don't be afraid of cryptos if you aren't into them yet. You'll get into them pretty soon, I promise. And you should definitely give them a try considering that they can rise pretty high in value and can easily be converted to cash if you don't want to keep them. Free money is money, after all.
So, now at first you need a wallet to do anything with bitcoin and other cryptocurrencies. There are a lot of free alternatives, just search the internet to get started. Personally, I use Atomic-wallet on my Laptop.
Next step you need to register on Coinpot.co
. It is a microwallet where all your earnings from the following faucets are directly transfered to without a fee. A faucet is a website with a lot of ads on it that pays the visiter a share of the revenue in cryptocoin. Problem with most faucets is that you can claim the same amount of cryptos every set time, for example all 15 minutes you get 30 satoshi (bitcoin-unit), but if you claim every 50 minutes you'll also get 30 satoshi. And in most cases you need to accumulate a very big amount of coins to get them transferred to your wallet. This is not the problem with coinpot, however. The featured faucets all stack up. This is the big advantage. You can claim them every 5 minutes, but also only once a day or even every second day and the amount you get will still keep on getting higher. The withdrawal amount to get them to your wallet is also very low (3,6$ worth of cryptos) and can be easily reached within like 15 days. So yeah, I recommend you to get yourself a second e-mail for coinbot and the following stuff. Coinpot has a really nice layout and supports 5 different cryptocurrencies (Litecoin, Bitcoin, Bitcoincash, Dash, Dogecoin), which you can exchange for one another without fees. I always transfer all my cryptocoins and the tokens (you get tokens as bonus points every claim) to bitcoin to be able to withdraw them faster. Okay, so here's what you do:
You register on coinpot. And then you sign up with the same mail on these faucets: Moonbitcoin
faucet for Bitcoin Moonlitecoin
faucet for Litecoin Moondogecoin
faucet for Dogecoin Moondashcoin
faucet for Dash Moonbitcoincash
faucet for Bitcoincash Bitfun
another faucet for Bitcoin
(If you have some more spare time you can also join Bonusbitcoin
, it won't stack up, but you can claim every 15 minutes and it will reward you with a daily bonus. Pays pretty decent, but isn't really that passive.
Here's how it works: The amount you get will stack up until you claim. When you claim you need to resolve a short chapta to prove you're human and you will receive your cryptos directly in your coinpot wallet. You will get tokens for each claim you make which you can exchange for cryptos. You will also receive a bonus each time you claim. +1% per each day you claim in a row and a random bonus between 0-100% which is really cool especially when you wait long for them to stack up and then receive some 87% bonus lol. You can claim every 5 minutes if you want, but it's not really worth your time. I suggest claiming them 1-2x a day, only 1x for the most passive way and to get your daily bonus going up. I claim them every now and then, mostly like 1-3x a day, sometimes when I'm on my laptop anyway and bored more often and I generate like $5 worth of cryptos a month. Considering you don't do anything but click the captchas a few times a day which takes you like 2 minutes for all of them it's a very nice small income stream.
Another cryptorelated thing which truly is completely passive is Mannabase
. You should definitely check them out! They have a very appealing website and their vision is to create a universal basic income for every human being. You need to register, verify your ID to them and they will pay you some Manna every week without you doing anything. You can exchange this coin for bitcoin or dollar then.
3) Other stuff
This isn't actually passive, but I always keep Profilic.ac
open, when I'm on my laptop. It is an academic survey portal that actually pays very high (like 9 British Pounds) per hour. They don't have many surveys, so I'll always let the window open and check from time to time if there is a survey I can reserve for myself.
I sometimes also use Grindabuck.com
for some passive video watching and the daily check in bonus. Video section is a bit buggy though, so you need to babysit it a little more than the autosurf-websites. It's like Swagbucks
where you can fill out surveys and stuff. But I don't invest much time on those, just do a survey once a while to get to the withdrawal amount on those. Oh, and Swagbucks is pretty nice for Cashback here in Germany.
So, yeah. That's my guide to all of the shit I do on the internet lol. You can easily pull in up to $80-90 a month if you're dedicated. It's up to you how much you use this stuff, but I think it's a good start to passive income. I aim for a minimum of $40 a month to invest in my more sustainable passive income businesses and try not to miss any free opportunities on my way. Right now I got a browser window open making money for me and another one with cryptos waiting to be claimed while I write this post. You could do that, too! Absolutely no effort besides the initial setup. If you use my referral-links you get some bonuses, support my journey and I hope you can start yours soon, too.
So long. Happy earnings and keep grinding!
The base unit is 1 satoshi. 1 Bitcoin was defined to be 100M satoshi, but this was an arbitrary decision. Why 100M? When I tell people about bitcoin, and that 1 Bitcoin is $10k, they are overwhelmed. Then I try to explain that they can buy any fraction of a Bitcoin, but they loose some of the interest because it’s not fun to own only “half a coin”. It’s easier to say that for $1 they can buy 10 kilo-satoshi . We should start talking about the price of a kilo-satoshi. It’s really cheap these days, one kilo-satoshi costs only 10 cents. Maybe a kilo-satoshi will be worth thousands of dollars one day, like Bitcoin had. submitted by
Yes, I know this is silly, but the terminology really matters when you talk to new people.
I see a lot of posts who propose symbols for the "Satoshi". IMO we should just call the "Satoshi", the basic unit of measure, "Bitcoin". At the end of the day "Bitcoin" as intended today does not exist, it's just a lump of 100,000,000 sats. So what about just retaining the brand recognition, but slowly moving down the Bitcoin title to the lower scales. Effectively, makeling Bitcoin be the smallest unit of measure available. If it's too drastic for the time being then at least I'd move the definition of Bitcoin to be the Millibit first then eventually keep on moving down to the Satoshi as the valuation increases. submitted by
In mid-May, YouTube channel Barely Sociable, with nearly 400,000 subscribers, released a 40-minute video claiming that 49-year-old Back is Satoshi. The video has since raked up nearly 300,000 views. About : Bitcoin is the first Cryptocurrency and use case of Blockchain Technology. Bitcoin (BTC) has been created by the pseudonym Satoshi Nakamoto and released 3rd of January 2009. Bitcoin is considered the equivalent of "Gold" in the digital age. The true identity of the creator of Bitcoin is one of the biggest mysteries in the modern world. Over the years many theories have popped up about who Satoshi Nakamoto really is, including a time ... Apirone.com Bitcoin processing takes commission 0.0002 BTC at forwarding. It's a flat rate fee for any amount, but we don’t take it if the amount is less than 100000 Satoshi. Bitcoin network takes a floating fee for transaction. If the customer partially paid the order, then this amount is forwarded to the seller. After a successful event in Singapore, Satoshi United – The biggest UnConference in the world – Is hosting its first ever conference in the Middle East. The unique UnConference will take place ...
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