Generative Data Intelligence

Mining Bitcoins While Surfing the Internet

Date:


CRYPTO MINING

It doesn’t get any easier than this.

Illustration by the author on Canva.com. Image by Icons8_team from Pixabay

Whether you like it or not, Bitcoin is here to stay. As of 17 May 2021, it has a market capitalization of 814.7 billion USD.

My eyes are set on it for a long time, but one thing that makes me hesitate is that I’m not big on taking risks when it comes to trying new things.

I like my chances to be good.

I’m not interested in the traditional method of mining Bitcoins with a computer because I’d rather use it than have it slog all day. Furthermore, the onslaught of technical issues and considerations that come with mining will probably make me bald in a jiffy.

Buying Bitcoins with my own money was out of the question as I am on the fence about it.

Hence when I came across this unique idea of a browser that mines for Bitcoins while I surf the internet, I knew it was time for me to get my feet wet.

Earning Bitcoins while surfing the internet! Who could say no to this?

Screengrab from CryptoTab Browser.

As you can see, this browser looks similar to Google Chrome, and that is because it is also based on Chromium. Any workflow you may have is likely to be the same. This also means it should work with Chrome extensions.

I am pleasantly surprised at the progress and the lack of complexity. While giving it a trial run, I already mined 0.002USD within an hour.

This is at a setting of just 33% strength!

Now you may think that this is peanuts, but we must remember it is passively done in the background. I did not have to lift a finger or stare at a screen waiting for the bitcoins to be mined.

Instead, I was reading Medium articles and enjoying a cup of coffee.

https://giphy.com

I dived deeper into the inner workings of the CryptoTab browser and found this explanation.

“CryptoTab work is based on a smart system, which dynamically switches mining between several cryptocurrencies for increasing profit up to 8x relative to continued mining of the only one cryptocurrency. Our script automatically switches mining to the most profitable coin at the moment, given the mining difficulty and stock exchange rates. After that, we convert all funds into Bitcoin, that’s why your balance is displayed in BTC. It’s the world’s dominant cryptocurrency now, therefore we convert all funds exactly in Bitcoin.”

Basically, there is an intelligent process going on whereby the script sets you up for efficiency. The mining process is not stuck on Bitcoin when network conditions are poor. By mining the most profitable coin at the moment, it allows for potentially better returns.

Now that’s smart!

While you may get more by doing full-fledged technical mining, this is an alternative for those who want a simple way to get involved. Once you installed the browser, create your account and choose the amount of mining you want.

That’s it!

Screengrab from CryptoTab Browser.

It also offers other features such as automatically blocking suspicious IP addresses and malware extensions to protect you from online fraud and other threats.

It is available for Windows and Mac OS, as well as for Android and iOS devices.

  1. You do not need to be mining at 100%. Setting a lower amount will ensure that your computer remains ready for you. I personally set it at 33%.
  2. If you still prefer to use your own browser but want to mine for Bitcoin easily, you can. Simply run CryptoTab browser as a small window and drag it to the edge. As long as it is not minimized, the mining continues. You do not need to be using it actively.
  3. If you are not sure about doing sensitive things on this browser such as your banking, don’t! It is good to be careful. I use the CryptoTab browser only for insensitive tasks such as watching YouTube videos or reading articles. My main trusted browser gets all the sensitive work.
  4. Remember, you are mining Bitcoins. This means that the value can rise or fall with the market. Now that’s cool, isn’t it? To be part of a 814.7 billion USD market without spending a single cent!

As technology and innovation proliferate, it is up to us to keep ourselves informed. We can do it on our terms without giving up our agency by using unique solutions such as this browser that mines for Bitcoins seamlessly.

No heavy-duty mining, no payment of money.

I am excited about what lies ahead and will be back to report on more exciting crypto news!

You can download the CryptoTab browser here for free.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://medium.com/plausible/mining-bitcoins-while-surfing-the-internet-46c2f78e176e?source=rss——-8—————–cryptocurrency

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