What is Bitcoin?

You may have heard of Bitcoin. It’s been around for a few years, and has made some headlines. But exactly what is it, and what can you do with it? Here’s a short, introductory video:

Unfortunately, Bitcoin has been around long enough now that mining Bitcoins has become, for the novice, too expensive to make the process worthwhile. There are, however, sites that allow you to earn Bitcoins by performing certain actions, like viewing ads, at set intervals. I’ll be listing a few here (all absolutely free), but before you start earning, you’ll need a place to put them. I personally like Copay – you can use it on any of your computers (Windows, Mac or Linux) and you can also use it on your mobile devices (android and apple). You should go ahead and setup Copay before you begin earning Bitcoins.

 

Now technically, these site allow you to earn satoshis, rather than Bitcoins, but that’s ok. A satoshi is the smallest unit of the Bitcoin, and they add up! You can’t really expect to earn full Bitcoins for free when they are currently valued around $650 each. One thing you’ll learn as you start following Bitcoin is that the value fluctuates quite a bit. Don’t worry about that now, though. You’re going to start earning them, a little at a time, for free!

Here is the list of my favorite free sites for earning satoshi:

Freebitcoin – You can earn free satoshi here once per hour, with optional games of chance to increase your earnings. Note: Paid automatically! No withdrawal request, automatic payment when you reach a minimum amount earned

BonusBitCoin – Here you can earn free satoshi every 15 minutes. Note: Paid within 48 hours of request!

EasyBitcoinFaucet – Get your free satoshi here every 10 minutes.

ClaimBTC – Very much like EasyBitcoinFaucet, but timed at 20 minute intervals. Note: Paid within minutes of request!

Bagsatoshi– This site is a little different than the others, offering a set 100 satoshi every 10 minutes.

BioBTC – This is a little different – select a “bio” combination formula. You’ll need 750,000 Satoshi to cash out, but with awards ranging between 500 to 10,000 every 20 minutes, it won’t take long to get there! NOTE: I have two pending withdrawal requests here, support email bounces. Could be wasting time with this one.

Join as many of or as few of these “Bitcoin faucets” as you like. Look around for apps for your mobile devices as well. Have fun with this and earn while you’re at it!

 

Prefer Traffic Exchanges?

BTCClicks – This site is similar to a Traffic Exchange. You earn mBTC by clicking on links to websites. NOTE: Paid within 24 hours of request!