How to Get Bitcoin for Free?

Bitcoin mining is an activity that can be very profitable when conducted properly. It requires basic knowledge, as well as mastery of certain skills. But most importantly, it requires the use of adequate resources. This implies a significant financial investment if you want to maximize your chances of profit. However, this is far from being within everyone’s reach. Fortunately, there are ways to obtain BTC without spending money. In this article, we will review these different methods.

Mining bitcoin for free

Browser mining

To mine bitcoins for free, the most accessible solution is to use your laptop (or even your smartphone or tablet). The idea is to leverage the computing power of the device to solve complex mathematical equations and generate new bitcoins.

In this sense, you can do browser mining. It is a technique that consists of using a web browser to mine cryptos. Browsers capable of achieving this feat integrate scripts to take advantage of your terminal’s capabilities.

Depending on the platform used, you will receive your rewards in bitcoins at regular intervals or on-demand, provided that you reach the established withdrawal threshold.

Many startups already offer this feature, like CryptoTab, Brave, and Maxthon. You just need to sign up with a valid crypto address, run the program, and let your computer do the work. Most of the time, calculations are performed in the background without requiring you to keep the application open.

The only constraints are that, to hope for maximum gain, your device must be connected to the internet at all times, and you must ensure it remains powered on.

This method has the merit of requiring no investment… Well, almost none, as energy consumption will inevitably increase. Moreover, it is relatively easy to implement compared to a mining ASIC machine, for example.

However, do not expect to earn large amounts of bitcoins using this strategy, as home computers and smartphones are not designed for crypto mining. They are therefore unable to compete with specialized machines.

Moreover, this approach exposes your device to the risk of overheating, performance loss, and accelerated wear. That is why it is recommended to regularly monitor your terminal’s performance while it is mining.

Cloud mining

It is an excellent way to get into mining when you have limited resources, as it is not necessary to purchase physical equipment, set up a power system, etc. On the other hand, it allows miners to rent resources from a company to mine their bitcoins.

In reality, saying that cloud mining allows you to mine bitcoin for free is an exaggeration. Companies specializing in dematerialized mining offer various equipment rental plans, and sometimes free contracts to let you test their service before subscribing to a paid plan.

Furthermore, to limit the risk of fraud, it is preferable to collaborate only with providers whose reputation is solid.

Other techniques to earn free bitcoin

Bitcoin faucet

Bitcoin faucets are websites that distribute modest amounts of bitcoin to their users for free. In exchange, users are invited to complete simple tasks, such as watching advertisements, answering surveys, or solving captchas.

There are many Bitcoin faucets on the Internet. Among the most popular are: FreeBitcoin, Bonus Bitcoin, BTC Clicks, Bitcoinker, and Cointiply.

On the other hand, even though earning bitcoin so easily can be exciting, you have to be vigilant and avoid scams by using only reliable and secure applications.

Referral programs

Referral programs allow you to promote websites or services to receive a commission when a person you have referred performs a specific action (registration, subscription, first purchase, etc.).

There are a plethora of referral programs online that offer a few satoshis for free. To take advantage of them, all you have to do is do some research to find one that suits you. Then, sign up to get a referral link that you will distribute to your friends and family or your online community. 

You can then invite people to use this link to join the program. The more people you recruit, the more bitcoin you earn.

Games

Obtaining crypto by playing games is a fun and interesting way to earn money. And when it comes to games, there is something for everyone. Indeed, you have a wide variety of games to collect free bitcoin. This ranges from puzzle games to chance games and even combat games.

If you are interested in this concept, you can try the following applications: 

• Bitcoin Aliens: here, players earn bitcoin by playing arcade games, proudly sporting the Bitcoin logo.
• Bitcoin Miner: this game simulates the Bitcoin mining process and offers players the opportunity to build custom mining farms. The more computing power they invest in their farm, the more they are rewarded in Bitcoin,
• SaruTobi: features a monkey that collects tokens while avoiding obstacles. At the end of each game, the amount of bitcoins paid to each player is proportional to the number of tokens collected,
• Satoshi Quiz: it is an online quiz where players are rewarded with bitcoin for each correct answer.

Airdrops

Cryptocurrency companies often use airdrops to promote a new project or to reward certain members of their community for their dedication.

In these operations, they generally distribute their own tokens. You can then exchange them for BTC on exchanges.

To participate in this type of program, users must perform a specific action, such as following social media accounts, sharing or commenting on a post, or signing up for a newsletter.

Companies usually announce the launch of their airdrop on their social media accounts. However, you can get an overview of current opportunities through sites like Airdrop Alert and Airdrops.io.

Bitcoin giveaways

Similar to airdrops, giveaways function like contests where participants have the opportunity to boost their cryptocurrency wallet for free. That said, here, it is not always necessary to take specific actions to be eligible for a reward. Winners can be chosen at random or selected based on certain criteria.

Applications such as Binance, Crypto.com, and Coinbase regularly organize giveaways for their users. In addition, sites like Giveawayarena.com list ongoing giveaways.

Bitcoin cashbacks

BTC cashbacks allow consumers to earn money when they make online purchases. For each transaction, the user receives a percentage of their purchase amount in Bitcoin. Recipients can then exchange these tokens on an exchange or use them to make new purchases.

Cashback rates vary depending on the sites and merchants. That said, they can reach 20% or even more. For example, Lolli offers cashbacks of up to 30% for purchases made from its 10,000 partners. As for Rakuten and Coinbase, they offer rewards in BTC or cash for purchases made in-store or online.

To receive these cashbacks, you simply need to register on these platforms and make purchases using the provided links.

Crypto savings

Placing your BTC in a crypto savings wallet allows you to generate BTC effortlessly in a simple and efficient way. All you have to do is deposit your funds with your provider and let them grow through annual interests.

Most platforms offer attractive interest rates on bitcoin deposits.

Some companies like Binance, BlockFi, Nexo, and Crypto.com offer rates up to 8%. This represents a significant gap compared to the rates offered by conventional banks.

However, remember that cryptos are subject to constant volatility. This makes a crypto savings account a very risky product. So, before depositing your funds on a platform that offers this service, you should carefully assess the risks.

Micro-task sites

The last but not the least method we suggest to obtain free bitcoins in your wallet is to use micro-task sites that pay in crypto. In concrete terms, they will allow you to earn satoshis in exchange for a service. This could be: translating a paragraph, transcribing an audio file, etc.

If this interests you, regularly check sites like Blocklancer, Jobs4Bitcoins, LaborX, PompCryptoJobs, and Bitfortip.

In conclusion

There are many opportunities to get free BTC. Whether it’s through free mining sites or using tools like faucets, games, referral programs, airdrops, etc. However, it is important to be careful and do as much research as possible before using these services to avoid scams. Keep in mind that the rewards you receive will generally be very small. Therefore, you should not consider them as a real source of income or a way to accumulate a lot of bitcoins.

La Rédaction C.

L'équipe éditoriale de Cointribune unit ses voix pour s’exprimer sur des thématiques propres aux cryptomonnaies, à l'investissement, au métaverse et aux NFT, tout en s’efforçant de répondre au mieux à vos interrogations.