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If youre really serious about making a living using Bitcoin, though, one of the most effective methods to do it's to become a developer for the growing number of sites and electronic systems which use Bitcoin and other cryptocurrencies. For every new site that decides to take payment in Bitcoin there is a potential opening for a programmer with a technical knowledge of Blockchain.

To begin with, youll need a strong understanding of computer science, math and programming. From that point, youll also need to become knowledgeable in the specialized area of blockchain. Realistically, you should expect to go back to college to earn a computer science diploma if you havent done so already.With such a large threshold for entry, you may be wondering why becoming a blockchain programmer is worth your time.

The average salary of blockchain programmers comes in at roughly $80,000, while top-level developers can command salaries in excess of $300,000. This large earning potential can be tied to growing demand. With Bitcoin becoming more and more well-known with each passing day, the number of companies investing in blockchain technology could increase substantially over the next few decades.

Whether its Bitcoin investment plans or how to correctly establish a miner, there are those around who will be exceedingly interested in learning from your experience. If your content is good and you have valuable information to teach, you can even end up making a decent amount of money form helping other people learn about cryptocurrencies.One way to get into teaching about Bitcoin would be to make YouTube videos about it.

If your channel becomes a more popular source of Bitcoin and cryptocurrency information, this stream of income may even add up to being quite appreciable.If video content isnt your strong suit, you can even write posts about the ins and outs of Bitcoin. These posts can be posted on your own website, or guest posted on another site in the Bitcoin niche.

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Online classes are a great way to make some extra money, but they take quite a bit of time and effort to put together. If youre going to create a course, your very best bet for marketing and selling it is to post it on Udemy, a user-generated course content site.

No matter what you do, make sure that the advice you are offering is valuable enough to try this make it worth paying for. If you produce a sub-par class full of information that could be found using a simple Google search, you arent likely to earn much money from it. #11 Earn Bitcoin by Playing GamesWhat better way to end this review of the different approaches of earning money with Bitcoin than on the fun note of playing games Games that cover out in Bitcoin are very similar to faucets in they cover very tiny amounts of Bitcoin and generate a profit through advertising.

If you're in the habit of playing mobile games, then try finding some games which will pay you little increments of Bitcoin to reward you for the time you spend on them. Even if it doesnt amount to much, its still better than playing a match for free.The category of Bitcoin-based gaming also includes digital casinos which use Bitcoin as a currency.

Similar to any other casino, the odds will always be in favor of the house. If youre fine with losing some Bitcoin and only want to have some fun, though, theres nothing wrong with giving this type of gaming a try.ConclusionAs you can tell, the ways in which you can gain from the increase of Bitcoin are practically limitless.

Best of all, the full potential of Bitcoin is likely far from being realized. As cryptocurrencies begin to enter more prevalent usage as financial instruments and regular methods of payment, the opportunities to earn money with them will only continue to increase.The following two tabs change content below.My name is Jamie Spencer and I've spent the past five years building money making blogs.

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Since then I've launched lots of profitable niche sites and later selling my survivalist blog I chose to teach other people how to do exactly the same. .

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