Earning cryptocurrency using Brave and BAT

What are Brave Browser and Basic Attention Tokens?

Brave browser is a web browser very much like Chrome and Firefox. In fact it was created by one of the the co-founder of Mozilla (company composed of previous employees of Netscape) Mr. Brendan Eich. What is really awesome about this web browser is its excellent AdBlock, tracking and security protection.

Basic Attention Tokens are, as the name implies tokens that can be use to exchange for goods or services rendered. In our case as payment for the attention users give when they see advertisement while browsing the net; as a reward for publishers who regularly publish original and interesting content. This token is so awesome when it launched it sold out in less than 30 seconds raising a cool $36M USD (wow that was like more than $1M USD per second.)

image source

Recently, the blog site of BAT informed the public that the newly upgraded version of Brave browser vesrsion 0.19.95 has enabled a feature that gives users the ability to reward publishers such as Youtube publishers.

One just need to activate the internal BAT wallet of Brave and Load some BAT into the wallet using BTC, ETH, LTC or BAT. You can also load using fiat money using Uphold remittance services (We will discuss this in detail later on this article). Before you go about doing this please note that this is at its initial stages only and funds transferred their can only be transferred to BAT accredited publishers. (There is a work around to this so no problem).

How do we earn exactly?

There are two main ways to earn. First is by enabling Brave Browser Ads and surfing the brave enabled sites and second by getting rewarded for being a publisher of original content.

Earning by browsing Brave enabled sites:

The first thing you want to do is enable Brave ads. By default Brave browser blocks all forms of advertisement including Brave ads.

Second you want to enable you BAT internal wallet in Brave.

The Brave Payment Dashboard will appear after you switch it on. This shows you your current balance and the option to adding funds:

Once the "add funds" Icon is pressed it will bring you to this dashboard where you can find the different means on how to fund your internet wallet.

You may fund the wallet using the shown currencies or you may use the payment processor Uphold if you want to use credit or debit card.

Earning by being a publisher:

The first thing you might want to do to earn as a publisher is to activate your Brave Publisher Account here.

You can either be a site operator or an individual creator. Currently for individual creator Youtube is the only site available for the moment.

Once you are a verified brave publisher you can earn from the many sites that Brave will support soon.

That's it for now guys. I hope you found the article useful. If you have any questions or comments please feel free to comment below. Don't forget to Upvote, Resteem and Follow. until next time guys bye! (sorry for the errors will edit regularly)

ADDENDUM:

Work around on transfer the funds you have sent to your wallet: *** Just reward your own content in youtube or Brave activated sites***. These sites usually have this icon:

Start Earning BATS!

New to bitcoin? go here

Bitcoin क्या है ?

FAUCET LIST  

​Bitcoin / Ethereum faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of wei or satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. Click on icons below to get free coins.
                                 ​Enjoy!​

                               

 Top Ten Bitcoin Faucets:

FREE BITCOINS

1.) http://freebitco.in/

 The amount of free bitcoins that you get will depend on the number that you roll and paid out according to the payout table below. You can come back and play every hour to win free bitcoins each time!

2.) www.bonusbitcoin.co/

You can claim up to 5,000 satoshi every 15 minutes. Simply complete the captcha and then click on the Claim now.

3.) http://takefreebitcoin.com/

4.) http://claimbtc.com/

Takefreebitcoin and Claim BTC are completely FREE bitcoin faucet paying out every 5 min /  20 min

Once you reach 20 000 satoshi you may withdraw the funds on-demand. 

If you invite just 10 people to takefreebitcoin.com faucet and they will make just 40 claimes per day (that's totally easy for each user), you'll have up to 20 000 satoshi of referral commission per day doing nothing!

5.) https://pocketdice.io/

Pocket Dice is the most realistic BTC dice game with a free bitcoin faucet. Join now and test your luck! Provably Fair dice game..

  

6.) https://cryptogames.io?

Play games and get free bitcoins! We are the first Fun bitcoin casino with number of bitcoin games to make your gambling colorful! No registration.

7.) http://bitcoinzebra.com/

Bitcoin Zebra is a completely FREE bitcoin faucet paying out up to 3000 satoshi every hour. Each time you visit this page and feed the zebra you will receive a faucet payout amount randomly selected from the available amounts shown in green above.

8.) http://www.monstercoingame.com/


Defeat Monsters to earn awesome Bitcoin rewards! Upgrade your attacks to defeat Monsters faster. After every zone, you will face tougher monsters, but win better rewards.

9.) https://www.rollin.io/

Rollin is a cryptocurrency-based Bitcoin dice game that people can play instantly and anonymously. Our Bitcoin dice game is written in HTML 5 and therefore entirely browser based, that means no downloads needed. We have a very competitive house edge, which varies from 0.8% up to 1%, based on the total Bitcoin wagered by the player. We guarantee that our game is provably fair and therefore each bet can be verified.

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Bitcoin Mining / Cloud Mining

Simply put, Bitcoin mining is a process of using computational power to verify the bitcoin transactions in the network. The process is referred to as “mining” to allude to gold-mining, because new bitcoins are also issued into existence – bitcoins are the reward that miners get for verifying transactions.

Every transaction made through bitcoin goes through a rigorous verification process. And there are numerous transactions happening all the time, and  the “miners” across the world run software on their advanced hardware to verify the transactions and keep the system secure and synchronized.

How does bitcoin mining work?

All the transactions occurring in a set period are collected (to be verified) together and called a block. Several such blocks, arranged in chronological order, build the blockchain. Every new block is added to the blockchain, thereby increasing its length.

A miner puts a block through a process which modifies its information. The miner applies a mathematical formula/logic to the information and converts it into a random sequence of letters and numbers called a hash. The hash is stored along with the block. Each block’s hash is used to produce the hash of the next block and the process continues down the chain. Hence, all the blocks are stored in a perfect order and sealed together by their individual hash.

All the miners across the globe compete with each other to do this, thus making mining a very competitive business. But the competitiveness brings along with it a rich reward; every time a new hash is created, the miner is rewarded with 25 bitcoins as an incentive to keep the transactions working. The entire network is updated simultaneously.

Now considering that only a fixed number of bitcoins will ever be mined, the mining complexity is increased from time to time to limit the number of transaction blocks hashed and consequently, limit the number of bitcoins mined in a set period. The difficulty is automatically increased by the network to ensure that the average time to hash a block remains 10 minutes.

All the miners in the bitcoin network work to verify the transactions quickly and hence are paid a transaction fee by the client, apart from the usual 25-bitcoin reward. With new people joining the mining business, the competition has increased along with the network’s difficulty level, but that has only brought out the best cost-effective mining methods using the most specialized hardware.

PROBLEM

I want to mine bitcoins, but I do not want to use my machine and I do not want to invest on new hardware and pay thousand dollar electricity bills.

SOLUTION: cloud mining

Trusted Cloud mining sites: 

1.) https://www.genesis-mining.com/  (coupon code: iBuzbL to get discount of 2.5 % )

2.) https://hashocean.com/ 

3,) Hashflare  ( 20% discount code HF16BDAY20 )

4.) http://bitsrapid.com/