Why I started getting interest on my leftover Bitcoin and why you dont want to miss this
After the Bitcoin craze last year , everyone i knew in the field had either gained massive wins or lost it all but one thing they had in common : No clue on what to do now
If you are one of those lucky ones still owning their bitcoin and not selling on top , dont worry , it’s not too late yet
A few months ago i decided to keep my BTC no matter what , as i believe in the Technology behind it but had no clue what’s the best way to keep them.
I was allways a friend of getting interest and making more of what you allready got .
I saw lots of
Double your Bitcoin
and
Make 400% in 1 week
Type of schemes that aimed at one thing , and one thing only :
Stealing your BTC
I was allready on guard when i read about over 4% until i discovered , it is yearly interest earned , paid daily , in Bitcoin .
4% Does sound reasonable , my Bank does up to 8% on some assets
So i went to check it out and still was baffled on how they afforded this .. I dug deeper to find out how this operation could still work and pay with that kind of promised return.Turns out , they own one of the biggest miningoperations that are more or less “private” and not for the sole purpose of mining for Bitcoin , but to sustain their authority and style of their company .
With over 9PH/s (Petahashes , that’s 1,000,000,000,000,000 Hashes per second ) they make around 0.4 BTC every day still as of end 2018 !
Gambling , advertisments and the Miningoperation all add up to such amounts that the 4% interest on all the Bitcoin they hold seems like a particle of dust at the beach.
But where do you get all that ?
well ..