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At the time of writing this article, about 16.7 million of those Bitcoins have been successfully mined, leaving more than four million on the desk for Bitcoin miners.One thing you'll need to know about Bitcoin mining prior to getting into it is that the problem increases over time. In other words, it will require more time and more computing power to generate each subsequent Bitcoin.

By now, however, the difficulty has gone up so much much more specialized equipment is needed.One approach to approach Bitcoin mining would be to do it yourself. To do this, youll need to invest in a Bitcoin miner. Bitcoin miners are external devices that provide the necessary computing power to make Bitcoin in todays high-difficulty environment.

Small USB miners start at under $100, while bigger, more powerful mining devices can run into the tens of thousands of dollars. Even though the initial investment of buying a Bitcoin miner can be pretty big, it allows you to produce your own steady stream of new Bitcoin until the whole 21 million has been reached.If you opt to begin mining your self, make sure you keep the peripheral costs in mind.

If you've got a massive miner that generates a substantial amount of heat, you can also have to install a cooling system to keep it running correctly. Collectively, these costs can eat up much of the gain margin in Bitcoin mining. Fortunately, if Bitcoin continues to appreciate in value, these peripheral prices will eventually be compensated for retroactively during that appreciation.If you dont want to go to the initial expense and hassle of setting up your own personal Bitcoin mining operation, you can still get in on the action with what is known as contract mining.

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This contract will last for a certain period of time, and all Bitcoin mined during this time on the equipment youve contracted will be sent to a Bitcoin wallet. Some of the very major contract mining services are Genesis Mining and Hashing24. Contract mining is an easy and passive way that you collect Bitcoin, even company website though it will be more expensive over the long run than having your own Bitcoin mining equipment. #2 Complete Micro-tasks for BitcoinThough mining lets you earn Bitcoin faster than any other method, its high investment brink means it wont be suitable for everyone.

Micro-tasks are small, simple actions, like viewing an advertisement or engaging with a post on interpersonal media. Although the pay is normally very low, micro-tasks are probably the simplest way to get into Bitcoin.One of the greatest places to go to get started using micro-tasks that pay in Bitcoin is CoinWorker, a marketplace that specializes in such tasks.

Though many jobs on CoinWorker cover as little as $0.03-0.05, some do cover over $1.00. Tasks listed on CoinWorker are normally quite simple and require only a couple of minutes to complete.There are also several websites that can pay you little amounts of Bitcoin for viewing ads. Like this other micro-tasks, these actions pay very small amounts of Bitcoin, but are incredibly easy to carry out.

Some of the best sites that allow users to view ads in exchange for Bitcoin include CoinAdder, Ads4BTC and Advercoins. #3 Bitcoin FaucetsBitcoin faucets are somewhat like micro-tasks in the sense that they pay very small amounts of Bitcoin in exchange for a small amount of your time often around 1 Satoshi, which is a hundredth of a millionth BTC.

Bitcoin taps cover amounts which are almost too small for many customers to bother with, but theyre a good way to break into the world of Bitcoin and start to realize a little amount of cryptocurrency in your digital wallet.  Moon Bitcoin is one of the most popular of these taps, however there are many others on the market, including FreeBitcoin, Bitcoin Zebra and Daily Free Bits. #4 Invest in Bitcoin and Bitcoin DerivativesOne among the most interesting developments in Bitcoin within the past couple of years has been its own emergence as a rather common investment advantage.

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As one might imagine, investment is one of the more lucrative ways of making money with Bitcoin.The most fundamental kind of Bitcoin investment is buying and holding Bitcoin until its price goes up enough to turn a profit. Thanks to the high degree of price volatility, Bitcoin has produced some incredible gains for investors that pursued this strategy early on.

Of course, this can be an extreme example, but it will demonstrate exactly how profitable Bitcoin investment has been for some traders who have been willing to hold their investments for long periods of time.One of those problems that has plagued Bitcoin investment in the past is the absence of reputable exchanges.