Are you curious ?
Mining:
The very first way to get your own Bitcoins was through mining. In 2009, every block mined (every 10 minutes on average) brought a reward of 50 BTC to the lucky one who managed to solve the computational problem. Right now, every block brings 12,5 BTC. While the reward is still luring, there are some issues which stand in the way of earning some loot:
– The hashing difficulty has grown significantly over the last years. No single equipment has enough computational power to compete for Bitcoins.
– Mining has gotten unprofitable.
– In hope for some reward, people are forced to unite in pools or use cloud mining services.
– Even when the efforts are combined, there is still need to pay for the electricity, and the utility bills often exceed the mining reward.
All these factors make Bitcoin mining these days unprofitable. This makes us move forward to the next strategy of earning Bitcoins online.