In this article I would like to explain how to earn a basic income from Bitcoin or other crypto-currencies without having to spend your own capital. The methods I will cover includes the concept of Universal Basic Income through Blockchain Technology and Cloud Mining.
Blockchain based Universal Basic Income Project
Universal Basic Income (UBI) can be regarded as a viable solution for wealth distribution among people from developing countries. The Blockchain based project aims to distribute crypto based tokens to all members of the network on a weekly basis. All tokens received can be exchanged for popular crypto-currencies such as Bitcoin and Ethereum.
Join the Universal Basic Income Blockchain Project project now!
Cloud Mining popular Crypto-currencies
Cloud mining usually refers to the process of using shared processing power for the purpose of mining crypto-currencies. The reason why cloud mining has become so popular is because you don't have to buy any expensive equipment and you don't have to spend so much capital of electricity as appose to conventional mining.
All you ave to do in order to earn from cloud mining would be to choose a reliable company and to decide on the mining contract you would like to buy.
I would recommend using HashFlare Cloud Mining.
Five steps to join the Universal Basic Income project
Step 1: Signup with a valid email address. You will need to have access to your email account in order for you to verify your email address.
Step 2: Login to your account once you have verified your email address.
Step 3: Complete the UBI signup process by clicking the link in the green bar at the top of your dashboard.
Step 4: Verify your phone number. This is the most important step to remember. The reason why you need to verify your phone number is because you are not allowed to register more than one account. Phone verification allows the UBI program to prevent people from gaining the system.
Step 5: If you successfully completed all the previous steps then your account should be approved now. All you have to do now is nothing. You will receive free Manna tokens on a weekly basis. Token distribution normally occur on a Thursday.
You will start to receive free Manna tokens on a weekly basis once you have successfully joined the UBI program. Please remember to verify your email address and phone number if you want to be eligible for the program.
Send all your tokens to SouthXchange and convert them to Bitcoin.
Now that you have some Bitcoin in your SouthXchange wallet you can send it all to your HashFlare Cloud Mining Account in order to start mining Bitcoin or some of the other crypto-currencies.
Thank you for reading this article and I hope it can help you earn a basic income from combining your UBI earnings with cloud mining. Please leave any feedback you have for me in the comments below or in my Steemit group on Facebook.
Please follow @Bitcoinkings on Steemit for updates and if you are feeling generous then you can donate some Ethereum: 0x870ae9055a31b207771614dc8658eb15d867104d
Just in case you haven't read my previous post on Steemit: Ethereum is now available on Luno Exchange!
