Already, many Africans have been leveraging their idle funds for yields, earning passive income with new blockchain-based protocols. But some are still figuring out ways to make money with digital currencies. If you are one of them, here are some proven ways Africans can make money from blockchain technology. These recommendations are based on insightful analysis from reliable sources such as Investopedia, CoinDesk, etc.
Mining
According to Investopedia, crypto mining is one of the most profitable ways to earn a decent income with blockchain without putting money down. Skilled Africans can make money and earn rewards in this industry for completing blocks. Mining involves verifying and validating bitcoin transactions for tokens and other prizes.
These transactions ensure the bitcoin network security and compensate miners with digital currencies. If you're skilled at crypto mining, you can earn digital currencies as a passive income without staking money. The most exciting part of digital currency rewards is that the price appreciates every time bitcoin prices exceed the mining cost.
Many Africans don't mine crypto due to the high-end equipment involved in setting up a rig at the beginning stage. But that's not the case anymore. Africans with access to the internet can download mining applications to smartphones or PC.
Continue reading: https://africa.businessinsider.com/local/careers/5-ways-africans-can-make-money-with-blockchain/2ylp9zb
Mining
According to Investopedia, crypto mining is one of the most profitable ways to earn a decent income with blockchain without putting money down. Skilled Africans can make money and earn rewards in this industry for completing blocks. Mining involves verifying and validating bitcoin transactions for tokens and other prizes.
These transactions ensure the bitcoin network security and compensate miners with digital currencies. If you're skilled at crypto mining, you can earn digital currencies as a passive income without staking money. The most exciting part of digital currency rewards is that the price appreciates every time bitcoin prices exceed the mining cost.
Many Africans don't mine crypto due to the high-end equipment involved in setting up a rig at the beginning stage. But that's not the case anymore. Africans with access to the internet can download mining applications to smartphones or PC.
Continue reading: https://africa.businessinsider.com/local/careers/5-ways-africans-can-make-money-with-blockchain/2ylp9zb
