How To Earn More To Play Free Bitcoin Dice

How To Earn More To Play Free Bitcoin Dice

While it is possible to get free Bitcoin while playing dice games, it is probably not the best option out there. Most Bitcoin dice sites have a faucet that allows players to get a small amount of cryptocurrency in particular time spans. For example, a player can often get 0.0001 BTC every five to 10 minutes at most Bitcoin faucets. The biggest problem, though, is that it requires players to have a zero or low balance to accept the bitcoins. Players hoping for more Bitcoin would be disappointed by the low amount that they could earn. There are other methods to earn Bitcoin for those who want to gamble with it but there are more ways to play free Bitcoin dice.

Mine Bitcoins

First, players can earn their own Bitcoin through mining. In 2009, every block mined brought a reward of 50 BTC to the one who managed to solve block. This averaged around every 10 minutes. The block rewards have been halved a lot by now and miners only receive around 12.5 BTC. That is still a lot of bitcoins, but mining has its own disadvantages. First, the hashing difficulty has grown over the past few years. Right now, individual miners cannot compete with larger mining pools. Second, miners still need to pay for the electricity even when combined with other people’s efforts.  It can be quite unprofitable to mine for bitcoins for those who do it alone.

Work for Bitcoins

It is possible to search for work that can be done for Bitcoins. There are multiple services that can offer willing people an opportunity to work for cryptocurrency. Bitcoin enthusiasts can drop by most major Bitcoin forums to check out the job offers out there. Currently, people can earn Bitcoins online as a freelancer mainly, but some Bitcoin startups and companies like Overstock offer an option to get paid in Bitcoin. With more companies opening up to Bitcoin, there will be more options to look for.

Bitcoin trading

An excellent way to make an earning with Bitcoin and cryptocurrency in general is to do it through trading. People can buy Bitcoins, after that they can be converted into other crypto or fiat currency. Bitcoin’s price volatility can then be turned into a trader’s advantage. Bitcoin trading can be very similar to gambling since high risks are involved. People can minimize them, by learning how to trade properly.

Bitcoin is the currency of the future and people need to find ways to earn it. With increasing acceptance, there are more and more options out there beyond just gambling for it. Playing Bitcoin dice games for free, however, still proves to be exciting when played online and with bitcoins.