Free hosting? I would suggest, and this is just me and what I do, without free hosting, is take the money I get from mining, move it to an exchange and trade in alt coins to make more Bitcoin, which I am getting really good at, and then use the coin to purchase another S9 when I can, rinse and repeat.
Morning All:
I'm new to this game but reading reading reading and learning a lot in just a few days. This forum has been super helpful so thanks to all the veterans! My one measly S7 is mining in KanoPool and it makes me excited to expand with S9(s) as soon as possible.
So... if you could explain what you mean above by trading in alt coins to make more BTC, I'd really appreciate it!
Thanks!
*** See, I can't even seem to post quotes correctly. Rookie mistake!
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Well, first off would be alt-coins. Those are all the other Crypto Coins out there that someone has created to be better, or have versatility, or have more anonymous features built in, or have features like smart contracts and stuff. Basically they started as a concept to compete against Bitcoin and do it better, or just try to make money on a growing market or whatever. People all have their own ideas on Alt Coins. But these are coins like Ethereum, Litecoing, Monero and 100's more (those are some of the most popular).
Next would be an Exchange. These are basically just Stock markets for alt-coin trading (and Bitcoin to USDT as well if you like). Poloniex, Bitcoin Exchange, BTCx, Kraken and many others. Once you setup an account there you can send your Bitcoin to them and then you can start trading. There are lots of ways to trade. Usually they have exchange markets for the main Alt-Coins. That would be like Monero as the base coin or Bitcoin or Ethereum or USDT (digital US Dollar).
But basically research what an Alt-Coin does, it's features, who uses it and why and then you can purchase them with the base coin, usually Bitcoin. The whole theory is to purchase them when they are low and sell when they are high. Most people do short term trading, but there are a lot of people that also do long term. Ethereum is a perfect example. It was up 4000 percent at one point last month, but all Alt-Coins were in a bubble while Bitcoin was going through the Segwit growth issue so people were investing in the Alt-Coins just in case.
Anyway, I just watch the markets, read up on alt coins, watch to see if there are runs happening (when a lot of people start purchasing a coin and it goes up real fast) and try to purchase them when they are low and sell them when they get to a level I feel comfortable selling them before they start to go back down. I have actually made a lot of extra Bitcoin playing these markets, especially with Ethereum & Litecoin.
There are a lot of resources out there on them, I'd read up. Plus I think it's kind of fun. It's like playing the real stock market, without all the crazy brokerage fees and even if I don't make money every time, I always manage to grow my Bitcoin over time.
https://poloniex.com/ is the Exchange I use the most.
Everyone has their own opinions on these so don't take only my word for them a lot of people don't like alt coins and think they are scams, but I just play the markets to make more bitcoin and it's more fun than playing a video game or something which doesn't make you any money