if you've been hearing about ethereum and want to get in on the action but don't know where to start or how then i'm going to show you exactly how you can mine ethereum and generate a lot of passive income hey guys welcome to the battery life blueprint channel and i'm here with some really good news for those who are interested in cryptocurrency it's easier than ever before and we're going over this in detail so let me show you what it takes in this video i will show you everything that you need and what it takes for starting your own mining rig right on your laptop you don't need to go to the tech stores and buy a piece of expensive mining equipment or order it online you're going to be using the gpu and cpu of your laptop so that you can earn money passively all you need to do is follow these steps create a wallet download the application and start mining ethereum but before we go any further with this video don't forget to subscribe to the channel and give it a like as well and press the notification bell so that you are alerted when a new video is uploaded also please leave a comment below step one create a wallet so the first thing you'll have to do is to visit this website called ethereum.org now this platform will ask you some questions so that they can determine and also help you in picking the best wallet that will suit your needs so as you arrive on their homepage just click this big box right here saying pick a wallet now you will be transferred to this page you can now see that you can choose a lot of different features that you would like and is important for you if you want to explore dapps or decentralized applications you can choose this if you want access to device or decentralized finance you can choose this if you want to cash out your ethereum straight to your bank account then you can choose this too and many more now if you're a total beginner and don't have much experience with these features you can just choose this buy crypto with a card and also this with a draw to bank option this may come really convenient in the future now you'll be able to see here that they've already filtered their wallets in accordance with the features you've chosen you can see bitcoin.com wallet monolith and hyperpay now it really doesn't matter what you pick the most important thing here is that you can create your wallet so that you can go ahead and mine your ethereum so it's your choice step 2 download the mining application now the next website you'll have to visit is called minergate.com this is the platform where you will be mining your ethereum as you can see here they claim that they are the fastest miner in the industry now we cannot really say for sure if it is but what's really important here is that you can mine ethereum on this platform using your computer this method is actually best for beginners since you don't really need some technical experience but not just the theory mind you you can also mind monero and ethereum classic here so you can actually choose what cryptocurrency you want to mine now personally i would go for ethereum since i really think that this cryptocurrency has the most upside potential with the other two options here though just to be clear i'm not giving you a piece of financial advice here i'm just stating my opinion if you will take a look at the current price of ethereum here and its current chart trend you'll see that it went down in the past couple of days that's why i think that mining ethereum right now will actually be profitable in the future since the price can still go up now if you invest in crypto it's going to be quite scary and risky since this market is really unpredictable and very volatile and even very experienced crypto traders still lose money by trading but you're not going to invest money here and you won't be trading on this market so don't worry you'll still be earning ethereum whether the market is uptrend or downtrend now i think you're already thinking how much can i earn by mining here well it's pretty convenient since they have an earning calculator on this side so as you can see here depending on how strong your processor is it's relevant to how much you can earn by mining so for example for a frequency of one gigahertz per second you'll be able to earn this much ethereum in an hour now if you convert this value of earnings to your country's currency like us dollars you'll be able to earn this amount of money in just an hour then you can just do the math after that you can multiply it by 24 hours if you want your computer running all day or just 12 hours which i think is already enough then just multiply it again by 30.
Then you can see here that this is the money that you can earn in a month so what you'll have to do now is to just download the application just right here now as you can see this platform is also available for your mobile phones but just for android users so i'm sorry ios users it's not available for you guys though the desktop version is available for windows mac and ubuntu hey i really hope you're enjoying this video if you are go on ahead and hit that like button for me and click the subscribe button while you're at it you can always change your mind later step 3 start mining ethereum so after downloading then that's it you just need to follow the instructions on how to install it properly then you can already start mining your ethereum or the other two cryptocurrencies if you'd prefer those the good thing here is that you don't actually need to earn hundreds of dollars in order for you to cash out your earnings as you can see here you can already withdraw as little as 0.01 coin then you can already spend it on whatever you want maybe you want to treat yourself by eating out buying stuff for yourself or even going on a vacation or just save your earnings and invest it on some other things like stocks your choice the best thing about this method is that you don't need to actually analyze these charts anymore and you don't need some basic technical analysis knowledge what you'll just need to do is just click the start button and just relax while your device is making money for you and then you can do other things it doesn't really affect the performance of your device well maybe a little bit since it's using your processor's power in order to mine some cryptocurrency but you won't actually notice the difference now if you have multiple devices then you can use those also so you can double or even triple your earnings now as a bonus for you guys i'll also be showing you this one this site also has a referral program this can also help you in order to maximize your earning potential using this platform now as you can see here they have three stages for the referral program the first level is you can earn a 30 commission if you have less than 10 affiliates now even though this is still the first level 30 is already a huge bonus if you ask me as you refer more people to this website then your level will increase if you manage to be accepted to the intermediate level which is 11 to 30 affiliates then you can already earn a 50 commission and if you already have more than 31 affiliates then that's a 65 commission that's a lot so referring your friends family and other people here that are also crypto enthusiasts will greatly help you in generating a lot of income on this platform and most likely they will also start mining their own cryptocurrencies on their own devices giving you a percentage of commission from their earnings but a word of advice for you guys if you really want to earn more money online then i would really suggest that you do multiple methods in trying to earn money don't put your eggs in one basket as they say this is one way to earn money passively and this is completely beginner friendly it doesn't matter if the market is bullish or bearish you'll still be generating cryptocurrency regardless so this is how you can mine ethereum using your laptop thank you again for watching and i hope you enjoyed the rest of your day with that said have a great day to everyone else as well if you enjoyed this video go ahead and give us a like and subscribe for more content like this
