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RE: Passive Income, One Strategy to look at!

in #beyondbitcoin8 years ago (edited)

Well you could try Gridcoin, you use pretty much any kind of computer to do scientific research and get rewarded in GRC, there are over 20 different projects, some for CPU, some for GPU, Android and ARM too. In Gridcoin you can also stake, so even with lightweight hardware you can get a return... and for those who are just starting out there are some pools too.
So you can look for a cure for childhood cancer or AIDS, or build a 3d model of the Milky Way galaxy, or run data for the Large Hadron Collider and get rewarded for that.
There is also good price action on the coin so if you sell on highs you should make a profit (depending in your energy costs of course).

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Thank you, only thing I know about Gridcoin is that Eobot has it. Thank you for the tip, I will look into it, I like the idea about being able to use an android to get the Gridcoin!

Unfortunately you cant stake on the Android platform, but you can process work that gets you the rewards. I have my wallet staking 24/7 (and mining) on a Raspberry Pi, my Android phones, laptop and a PC running work when they are turned on.