QoinPro - FREE BTC & Other coins daily!

I have discovered the site QoinPro, which is currently in beta and offering free bitcoins, fedoracoin, feathercoin and also litecoin every single day for free. The amounts are not that high but keeping this going for a year or more could quickly add up and this is potentially a way to get a decent amount of money with no work at all. You also are able to get more of a percentage if you have others sign up under you.

The site is here http://qoinpro.com. I have signed up and already have gotten the emails confirming they are depositing them into my account. Here is a screenshot showing this:

As always, Thank you for reading my blog. Spread the word. I am wanting to help everyone lead a easy passive income life.

AltCoins Vs Bitcoins, Multipool, Graphics Cards

Many of you may know by now that unless you have a very powerful asic mining machine, bitcoin mining is not worth it anymore. These mining machines can be very expensive and many not even get their investment returned. I myself have not quite mining bitcoin but my totals are much less, because of this I have decided to start mining alternate currencies with my graphics cards. I currently have a 4890 and a 5770, while these cards are nothing spectacular they have been able to get me off to a decent start in the Alt currency world.

One in particular in Dogecoin. This coin has received much attention as of late and it is normally the number one most profitable coin on multipool.us. Over the past week I have gained around 2,600 dogecoin alone just from being on the most profitable port. I would have much more, but I am on the port to mine several different coins in hopes that one of them may get popular and valuable soon.

If you believe that you have a half decent graphics card then you can check out this chart to see what you are able to https://litecoin.info/Mining_hardware_comparison. Dogecoin also has their own dedicated wallet just like bitcoin and others that can be downloaded from http://dogecoin.com/
Set-up is very similar to that of bitcoin, but ASIC miners will not work to mine coins that are not SHA-256 algorithm.

Lastly, if you are interested in creating a coin of your own and you have .05 BTC to spare, then coingen.io may be of interest to you. They will create the coin for you and you are the one that is responsible of making it popular and setting it up with a pool. You never know, you could create the next big coin that gets popular.

I will be adding a dogecoin address to my blog if anyone is generous enough to donate to me. I will also be sending dogecoin out soon to those who subscribe here, promote my blog, and have a wallet. I am willing to send people who help me other currencies that I mine as well.

BTCJAM - Invest Your Bitcoins

If you are someone that is looking to grow your amount of bitcoins without actually buying more then the website btcjam.com may just be for you. On this site, you can request a loan in bitcoins and lenders will pay you that money and then you have to pay it back on a certain percent every so often. If you own a decent amount of bitcoins then this site would be great for you to invest in. I will probably be doing some myself even though the amount of bitcoins that I have is not that great. I have seen that they pay back 5% or more. This is a steady, good way, to increase your bitcoin total.

If you have experience with this site, good or bad, or just have any questions feel free to ask.

Bing Rewards!

Many of you may have heard of Bing Rewards, if not, now would be a great time to sign up and start earning credits towards some awards. You can make around 17 credits each day. This is not a lot but this will definitely add up quickly. If you achieve gold status which is 750 credits all time and completing the tasks that they list. I currently am on the way to silver status. You can get 200 credits, instant silver status basically, just from getting a friend of yours to sign up. The rewards on bing vary greatly gift card wise. They have gift cards from many different websites. Sign up today, and happy searching! I will be updating how quickly I get rewards and how much I get total from using bing rewards each day.

Update on Mining -- New Pool / Hardware Updates

I have realized that Triplemining may not be the best site for me when it comes to long term mining simply because of the pay per 24 hour method that they use. They only pay you for the shares you solved in the last 24 hours, which is great, if the block ends in a decent amount of time. However, this current block is approaching 700 hours and at this point if you have a Jalapeno miner like myself all that run time is netting you close to nothing. I have decided the new pool I will be using is called Multipool. They also allow you to mine for other coins that use a similar algorithm as bitcoin and they pay based on how many shares you solved compared to the number of shares total, which is much better. I will update on the type of money that I am able with my miners using Multipool in the near future.

As far as my hardware, all is doing well since I got it. I have 6 ASIC erupters that are constantly going and I also have the BFL jalapeno which runs at a constant 50 Celsius  I have fans on all my equipment that is running to ensure that it stays cool. I am so far satisfied with how quickly it can produce, going over 11 GH/S almost all the time!

Bitcoin ASIC Miners!

About a week ago I decided to invest in a Butterfly Labs ASIC Miner as well as a group of six block eruptors that came as a set. I knew that there was a good chance that I would not gain back my investment but I figured it would still be a cool experience to see what this thing can do. I paid around $700.00 for everything that I got and it came in the mail today. I use Triplemining.com as mentioned in a previous post as my mining pool. Well, 3 hours into the mining I am throughly impressed. The machine has already made me $5.50 worth of bitcoins in just 3 hours. This is 1/2 of what a calculator said it would make in 24 hours so it is well above the pace. I read many articles saying a small miner like this, the Jalapeno, was not worth it anymore because of the investment not being able to be returned. Even with the difficulty going up I believe this mining setup will still be able to make back what I have in in less than a month. If you have been discouraged about investing in a small miner please do invest! Using triplemining seems to be good and is outdoing any calculations I had seen before. If you are wondering how to get started mining I have a previous post that briefly explains it and I am willing to answer questions too!

Happy Mining everyone!

I will keep up to date how this miner is doing as well as how much income bitcoin mining can really make with a small investment.

GUIMiner - Bitcoin - Triplemining

As many of you may know, Bitcoin a digital currency has lately increased in value by a ton. Being over $1,000 a coin it is well worth the time to start mining and this is very simple if you have a high powered GPU. Laptops are not recommended for this since they will not make much money. I currently mine with a 5770, and plan to mine with a few other machines once I get the funds to order them.

Digital Wallet:

First, you need a bitcoin wallet to maintain your currency.
There is a few to choose from on this website

Pool / Mining Community:

Next, you will want to join a pool of miners. This in my opinion is the easiest way to get into mining and it is straightforward. I currently use Triplemining. Using that link will allow you to sign up, if interested and then you will be set up with a pool. There are also many other mining pools, none of which I have had experience with, but you can find some more here Others

Software:

Lastly, you will want to set up the miner itself. I recommend GUIMiner, this is the most advanced graphics wise, but is not always the most efficient. I have been making around 170 mhash /s using the 5770 with GUIMiner. GUIMiner can be found using this link 

Set up is very simple. On triplemining.com once you have an account, go to the workers tab and create a worker on the top right. Just put a computer name in, or something, and a simple password that is NOT the same as your profile information. Once you have done this, open GUIMiner, select triplemining under the server and then put in this worker information you just created under username and password. Select your graphics card you're using, then press start mining. From this point you can see your progress on triplemining and it will tell you how you are doing.

If there are any questions on this, feel free to comment and I will try to help. With bitcoin being as much as it is now, getting into this while you can still can may be a great idea.