Bitcoin Cash is a hard fork of Bitcoin on 1st Aug 2017. This hard fork took place because a group of developers wanted to increase the block size of bitcoin. Bitcoin.com published an article on “difference between Bitcoin (BTC) and Bitcoin Cash (BCH)“. Read More
This article is, especially for Bounty hunters. There are so many Bounty campaigns are running some of them are trusted, scams and some of them are failed. It’s very hard to select best and trusted bounty campaign. Sometimes, some bounty campaigns look legit till their ICO end but after they raised fund they run away with those raised money.
Bounty campaigns are the best and fastest way to make a huge amount of money with risk. Almost all bounty campaigns are paying in their own Coin or Token. You can’t withdraw your Coins or Token until that tokens not get listed on any exchange site. Joining bounty campaigns don’t require much knowledge or time, well time depends on the type of campaigns.
Note: Different campaigns different rules. Never share your wallets Private Key. Don’t use the same password in many accounts or sites. Don’t install unwanted and unknown apps. Always check websites url before doing any action on them. Don’t try to spam bounties campaigns if you do then they will knock you out. Must read rules of every campaign.
Where can find Bounty campaigns?
Requirements to Join:
BitcoinTalk forum’s account at least member rank account.
Your comments or posts should write in a proper way with proper English.
Twitter account with at least 200 followers.
FaceBook account with at least 100 friends.
Ethereum ERC20 based wallet, I suggest using MyEtherWallet (MEW)
Waves based wallet I suggest to use waveswallet.io.
Types of Bounty Campaign:
Social media campaign.
Media and Blog campaign and others.
How to join in detail with an example of NTOK’s bounty campaign. We are not promoting NTOK ICO, we just taken for example purpose.
Signature Campaign: This is one of the highest paying bounty campaign types. High-rank high pay. You must at least member rank of the forum to join. You just need to wear signature codes on your profile to join any companies bounty campaign.
Steps to join: this is the only example.
If you want to join NTOK’s signature campaign.
Visit their Bounty page.
Find signature campaign details.
Check your profile rank, if you are hero member then choose hero member signature.
Copy signature code and past that on your profile here. You can also add an avatar on the same page. And follow their rules.
Social Media: This campaign reserved second highest amount of funds. Social Media campaign is also divided into many subparts. It includes Facebook campaign, Twitter campaign, LinkdIn, Reddit and etc. Your twitter and facebook account must have more than 200 followers or friends. Rewards depend on followers and friend more followers or friends then more rewards.
How to join:
Here we are taking an example of twitter and facebook campaign only.
Apply here to join in. Follow and like NTOK official page. Like and share the official posts. Read rules and follow them.
Translation campaign: This section allowed the small amount of fund but an individual can earn lots of them, why? Let’s assume there was a fund of (10% of the total fund is 100 000) and 10 translators. So 10% of the total fund is 10,000$ and participants are only 10 so every individual participant will get 1000$ for translation. But here task is not much easy and competition is more.There are already many translators available.
Don’t use any type of translator device or site. If you do you will get Red feedback which is very bad for long term work.
How to join:
Fill out this form. You may get PM or telegram message (some bounties have the spreadsheet to track application). Submit your work within given time. Don’t use google translator or any same site.
Media and Blog campaigns: If you have own blog or writing skill then this is the best campaign to earn some free bucks and improve your skill. Also if you have own youtube channel then you can publish video on that, also you can use Dailymotion or the similar site.
How to join:
Write an article on your site or publish video on your channel. Articles must at least 500 words and written in proper english. After writing article or publishing video use this form to submit your work. Rewards are based on your audience and visitors.
Other campaigns: There are many other campaigns are hosted by company or bounty managers. Like Miscellaneous, Meme creator campaign, banner campaign (adding banners on site), bug campaign (find the bug and send a report to the company) and many others bounty campaigns.
Where to check your application?
Almost all bounty campaigns are using google form to accept application’s and they automatically add participants data in google spreadsheet which is connected to google form. In case NTOK has also all in one spreadsheet. Some campaigns have a separate spreadsheet and some of them have data for all bounties in one spreadsheet.
What to remember while selecting Bounty Campaign?
Most people get attract from the design of website or thread and they decide to join that bounty campaign. Sometimes they join specific bounty campaign because of high rewards but at the end of campaigns they may get scammed or they not get the whole amount of money or bounty campaigns failed ICO and many other reasons.
There are many things to remember while choosing proper bounty campaign. The first thing is that Team of the project. If they project don’t have proper or experienced team mates then there are chances that project may get dumbbed on way. As we are taking the example of NTOK bounty I would like to show you about the team of NTOK project. Project owners are looks trusted and experienced you can check their linkedin profiles. ANDREW KRAVETS & MAX SHEKHOVTSOV for other team info you can find details on specific bounty website.
The second thing is Idea of the project. If you don’t have a unique idea or you are cloning someone else’s work then people are not going to join you. To know about the project you need to visit their whitepaper most of the bounty companies are writing about their project in the whitepaper.
Bounty campaign is the third factor which you need to analyze before joining any bounty. The things which you need to analyse is that who is managing campaign, campaign is managing in proper way ( their are many bounty campaigns which are running in very poor state), budget and currency of bounty some bounty campaigns are paying payment in BTC or ETH which are already available in market but most of the campaigns are paying in their own token which will available in exchange market only if ICO get success.
The effort of team member needs to mention here. If any campaigns official website or social media pages are not updating then it’s not worth to join that type of bounty campaign.
Partners of the campaign, like NTOK, has a partnership with ICOBOX a leading ICO consultant web service provider.
Why do you need to select trusted bounty campaigns?
Stopping and avoiding a scam is our responsibility we need to stop scammers. If you promote every project and even you know that this or this project is may scam. You will not get paid for this but people appreciate your work and you. You also save your time.
Mobile wallets are easiest way to keep your Bitcoins with you. You can read our post on best bitcoin wallets all time. Mobile wallets are not safest wallet for keeping your bitcoins because there are chances to get devices stolen, lost, break down and flash delete and also sometime mobile devices get hanged with viruses which may cause of loosing your coins.
But you can keep your mobile wallet secure by creating backup files of your wallet, here different wallets provide different types of backup files like seed phrases. If you keep your secret words then you can get your coins back anytime and in any device.
Mycelium wallets considered as one of the safest and complicated bitcoin wallet. Mycelium wallet is only available on mobile devices they don’t have desktop or windows wallet. You can also use Mycelium wallet with a hardware wallet too. Devs are very active and upgrading wallet with new features constantly.
Airbitz is the open source wallet which launched in early 2015. This wallet is only available for android and iOS devices. Airbitz has no fees except you have to pay bitcoin network fee. You can send multiple transaction at once on this wallet.
Samourai wallets are launched by focusing on security. For safety purpose, this wallet will not appear in the “Installed Apps Lists” or in the Launcher in your phone. This wallet has Tor support plus allow VPN integration. This is easy to use for newbies.
Jaxx wallet is an multi currency wallet you can store your Bitcoin,ETH, ETC, Dash, LTC and many other crypto currencies. Jaxx is not only mobile device wallet its also desktop and window wallets and also run on other platform too. The problem is here that Jaxx wallet is not open source wallet. Don’t deposit large amount of currency in this wallet.
Breadwallet is one of the best simple using mobile bitcoin wallet. You need to keep “recovery phase” words at safe place to recover your wallet when you lost your device or anything else. This wallet comes with two option send and receive to use.
Remember: Never keep your all bitcoin at one place or one wallet, don’t use mobile wallet for storage you can use mobile wallet for daily transaction. Accept every security option like two factor authentication and seed phrase word.
Bitcoin Mining Guide -How Bitcoin Mining Works
What is Bitcoin Mining?
Mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions.This ledger of past transaction is called the blockchain as it is a chain of blocks.The block chain serves to confirm transactions to the rest of the network as having taken place.Bitcoin nodes use the block chain to distinguish legitment Bitcoin Transactions from attempts to respend coins that have already been spent elsewhere.
Bitcoin mining is so called because it resembles the mining of other commodities; it requires exertion and it slowly makes new currency available at a rate that resemblem the rate at which commodities are like gold are mined from the ground.
The purpose of Bitcoin mining is to allow Bitcoin nodes to reach a secure ,tamper resistent consensus.
Types of Bitcoin Mining:
There are two ways to mine Bitcoin, Cloud Bitcoin mining and Hardware Bitcoin mining.You can purchase bitcoin cloud mining contracts.Bitcoin cloud mining is easy and comfortable but it increase risk because you do not have own control on physical hardware.And Hardware mining is more costly than cloud mining but it generate good profit if you have large amount of money to invest and low cost electricty.
This Are The Best Bitcoin Cloud Mining Services :
Genesis Mining: Genesis is the one of the trusted and largest Bitcoin and scrypt cloud mining provider.It provides three Bitcoin cloud mining plans; 100 GH/s (26$/Lifetime Contracts) ,2,000 GH/s (499$/lifetime contracts) and 10,000 GH/s (2,400/Lifetime Contract).
Use promo code: KeRypm to get 3% off!
Hashflare: Hashflare offers SHA-256 mining contracts for 1.20$/10GH/s.
More Bitcoin Cloud Mining services list will added in next post after reviews. 🙂
Bitcoin Hardware Mining Guide
- Bitcoin Mining hardware
Bitcoin mining rig or hardware was first need or first step to start Bitcoin cloud mining.you can buy Bitcoin mining hardware from internet or from amazon ♥
- Get Bitcoin Wallet
To recieve your Bitcoin’s that you mined you need to set up a Bitcoin wallet or use your existing Bitcoin Wallet.You can find best and secure Bitcoin wallet for you Bitcoin’s here BITCOIN WALLET
- Download mining program for your computer
Once you recieved your Bitcoin mining hardware and got your Bitcoin address.So now you need to download a special program used for bitcoin mining.There are many programs out there that can be used for mining,but CGminer and BFGminer are most used and popular amongst all bitcoin mining softwares
- Find and join a Bitcoin Mining Pool
When you are ready to start mine bitcoins,we recommend to join a Bitcoin Mining Pool.The groups of miners working together to solve a block and share the rewards in between them is bitcoin mining pool.Without joining any bitcoin mining pools its very hard to earn any bitcoin,its better to join mining pool and work together
- Let’s Start Mining
So everything is completed now it’s tturn to start earn Bitcoin’s. Connect your miner to power outlet ,and connect with your computer too Ó and open your mining software.Start filling details like mining pool,username and password .
It’s better to buy bitcoin than self mining . How to Mine Bitcoins For Free
Best Bitcoin Wallet for Everyone
Safety and security of your Bitcoin is your responsibility. Here in this post we compare and reviews the best and secure Bitcoin Wallet available for you. And you have to know that Bitcoin transaction is not reversible.
Types of Bitcoin Wallets
You can find numbers of Bitcoin Wallet on Internet. Some of them are more secure and some of them not.
Bitcoin Wallet divided into mainly 5 types which are like Desktop, mobile, online, hardware and paper wallet. Most people using the Online wallet for transactions. We tried here to review some of them Wallet for you.
Bitcoin desktop wallets offer a level of security for your Bitcoins to storage.
You need to download the software in your PC and perform Bitcoin transaction from desktops.
This option is hard to understand or more confusing than online wallets for newbies.
Bitcoin Core is the first Bitcoin wallet; also can say original Bitcoin Wallet. Using Bitcoin Core means having control on both your public and private keys, which ensure safe storage.
To download this Bitcoin wallet your computer requires a lot of spaces, as the software comes with data on every bitcoin transaction ever performed.
According to the download page of this wallet, you need 65 GB of free space.
Multibit is also one of the safest bitcoin wallets. To use this wallet you don’t need more spaces like the need in BITCOIN CORE.Its just over 30MB.
They called themselves “The Only Open Source Wallet With Gold Storage and Multi Signature Support“, Armory is also one of the popular and oldest desktop wallets. In this wallet, private keys are stored in offline computers, which means that only physical location of the computer can steal bitcoins.
It is a good way to keep a small amount of money or bitcoins in wallets, while rest of them keep in other security options.
Bitcoin mobile wallets are not only accessible and practical.
- Given mobile wallets are available for both Android and iOS users.
Mycelium is one of the most recommended and safest BITCOIN storage wallets for mobile.B oasting “BANK GRADE SECURITY”,i t boasts Hierarchical Deterministic wallets,w atch only and private key deletion accounts.
Xapo is famous for its vault and security,X apo is combines Multi-sig technology and cold storage tokeep users bitcoin safe.I ts servers are kept “behind reinforced concrete walls,a steel blast door and radio wave-blocking Faraday cage”, located within the Alps.
Wirex is full-fledged bitcoin service offers both online and mobile secure bitcoin wallets. What differentiates Wirex from other is its ease of use while not compromising Security.
Users get Multi-sig wallets and can enable 2-factor authentication (2FA) for both app and wirex linked email address, making third-party breaches hard.
Online Wallets are wallets that are very easily accessible on the web via any device or from anywhere so long as it can be connected to the internet. The Online wallets are easier and faster to make the transaction from anywhere due to its accessibility. But Online Wallets are not secure than others, its easy to hack Online wallets for hackers by Phishing, Malware, Insider Hacking etc.
Recently the two huge failure of bitcoin exchanges Mt Gox and Bitfinex make people wary of such services.
Coinbase is the leading exchange service today in buying and selling Bitcoins. It was founded in 2012 and since then they received over 32$ million in venture capital funding. Coinbase wallet avilable in some countries only around the world. They recently launched their vault service which denies the company control over your funds.
Coinbase is one of my favorite Bitcoin Online Wallet.
Blockchain.info is the most popular online wallet with 8mil wallets, everyone uses to perform and check bitcoin transaction. Multi-country support and cross capability. Blockchain web wallet is also available on desktop and mobile app.
A one of the respected name in the Bitcoin world, BitGo is considered a leader in blockchain security.BitGo is great for individual and businesses who prefer near-instant transactions. Usually, BitGo takes 3-6 confirmations to send your bitcoins transactions and it takes near 30-60 minutes
Hardware bitcoin wallets are user-friendly and portable. The Hardware Wallets give users complete control on their own Bitcoins.
One of the biggest fears of bitcoin holder is the unknown transaction that depletes all of their bitcoin savings.KeepKey helps to alleviate this fear. You have to approve all or each outgoing transaction in KeepKey device manually.KeepKey is pin protected device.
Trezor is trusted name in Bitcoin Community. The Trezor is small and simple to use. It was a better security against malware and disaster recovery in case of theft or loss of the device.
The smallest and most cost-effective option, the USD-sized ledger nanocones in few variations. Every day you can select between Ledger nano or Ledger Nano S.The latter is the first hardware wallet that can also store Ether.
Bitcoin paper wallets are most effective against hacker but unlikely its hard to storage. Papers can destroy, torn, lost or otherwise fade. If you lost your paper, then there is no way to recover your BITCOINS.