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Topic: Currently, what's your way of generating Bitcoins? - page 9. (Read 4964 times)

legendary
Activity: 2912
Merit: 1068
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At the moment I'm only earning Bitcoins from the signature campaign. It is not very much but is stil something. But I'm looking for other ways how to eaen some coins so your way also sounds interesting. Trading is another good way for earning Bitcoins but at the moment don't have the funds for this.
legendary
Activity: 3430
Merit: 3074
Ah, so it takes 24 hours and 10 minutes to convert Steem to BTC? That's what you mean, right?
newbie
Activity: 19
Merit: 0
Ugh no of course.. After you submit a post, there's a period of 24 hours to generate any income and you automatically get paid the amount that you made from that post onto your steemit account, and then you can transfer to bitcoins or any cryptocurrency.

Let's say I publish an article on 13/11/2016 in 8:00PM
The earning availability from that post will end on 14/11/2016 8:00PM and you will get paid in steem dollars automatically what you made from that post.
legendary
Activity: 3430
Merit: 3074
Steem dollars can easily be exchanged for bitcoins. The process takes 5-10 minutes.

Isn't there a preliminary stage though? Something like:

Post something on Steemit -> Get upvoted some Steem crypto -> Convert Steem to Steem Dollars -> Convert Steem Dollars to BTC

.....where the Steem > Steem Dollars stage takes several weeks?
newbie
Activity: 19
Merit: 0
So guys, how are you earning your Bitcoins, through mining hardware, or satoshi digging crap?
I am making them through a  bit different way of the "usual mining" I am actually "working" or call it whatever you want on a site called Steemit, which is mostly about writing articles. I am earning STD (steem dollars) within each article, and then I process the redeeming to bitcoins.
But this is not passive, and not guaranteed cuz there are days that I am not earning anything.. It all depends on "voting power" - who votes for you. Oh forgot to say votes are important because that's what earns your steem dollars.  Steem dollars can easily be exchanged for bitcoins. The process takes 5-10 minutes.

So, what about you guys? What's your "passive income", how are you mining bitcoins?
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