Hoping that cryptocurrency - be it bitcoin, ethereum or any other - appreciates in value is the main way to make money in the world of digital coin investing. But some claim that it is also possible to earn money off cryptocurrency, or make returns in other ways from holding it. How would a cryptocurrency investor do that, is it too risky and how much faith do you need to put in unregulated and previously unheard of entities offering the opportunity? We take a look.
Many people use cryptocurrencies as an extension of their traditional investments. Historically, investors have diversified via the stock market, precious metals, and more. Of course, all of these investments are made with the intent to generate passive income. Now, cryptocurrencies are becoming a normal part of that batch. Whether you’ve been in the investment game for a while now, or if you’re just getting started, know that there are many ways to earn passive income cryptocurrency. In this post, we’re going to break down each method to help you get started as soon as possible. 1. Invest The number one way to get started earning passive income with cryptocurrencies is to simply invest. If you buy a cryptocurrency at a low price, and then it goes up over time, that’s passive income. Some investors diversify into multiple cryptocurrencies, profiting off of Bitcoin as well as altcoins. This is the easiest way to get involved. Simply buy and plan for the best. From here, many inve...
Law360 (April 8, 2021, 9:48 PM EDT) -- Bitcoin mining business Riot Blockchain said Thursday that it's agreed to purchase a Bitcoin hosting facility operator from German rival Northern Data in a roughly $651 million deal directed by Sidley Austin and Sullivan & Cromwell. Riot Blockchain Inc., working with Sidley Austin LLP, said in a news release it would shell out $80 million in cash and 11.8 million of its own shares to purchase Whinstone US Inc. from Sullivan & Cromwell LLP client Northern Data AG to own the self-acclaimed largest Bitcoin mining facility in North America. The transaction is worth about $651 million based on Riot's April 7...
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